How to find Private lenders ?

[Ludovic Ott]

Hello,

I am new on the BP website. My wife and I started a rental property business in Hilton Head, SC earlier this year. Now we are looking to expand, as our first condo is renting really good.

In order for us to make our next investment, we are looking for private capital, but we are not sure where to start. Could you please share with us the best way to connect with Private lenders?

Thanks.

[JM Payne]

The best thing to do is to find a local investment group and go network with the people there.  Also, don't walk in with open hands and begin pestering for private money, but take the time to learn about the lenders there and what their own business models are to determine how you might work together, as opposed to treating them like vending machines.  Good luck on your journey!

- jm