Finding legit hard money lender

[Alan Ferrante]

Ok so I have found a few deals I want to move forward with, but I cant seem to find the right lender. I am very skeptical of some of the conversations I am having. Where do I find the legit lenders. My deal is waiting!

[Jay Hinrichs]

first you have to find ones that will work with foreigners.

Peak in KC will 

I believe Lima ONe will

although keep in mind real estate lending has been in fested with FAKE lenders and scammers.

here are the red flags:

1. interest rates far lower than market like 4 to 5%  this simply does not exist in the market place they just are sucking you in thinking you found this unicorn lender.

2. reason they can lend that low is you buy insurance to guarantee payments.. this also does not exist its a fraud.. there is no such product.. 

3. offer to show a picture of the person your talking to holding their ID.. again just smoke and mirrors.

4. tell you what you want to hear but need 500.00 to 800.00 deposit to go further.. you send that you lost it.

5. bad webstie or no website.. poor English etc.