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Updated over 5 years ago on . Most recent reply

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Quentin Mitchell
  • Investor
  • Chicago, IL
105
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197
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Private Lending (how did you find them)

Quentin Mitchell
  • Investor
  • Chicago, IL
Posted

I was just wondering, what were some of the ways that you were able to find a good private lender or even a good hard money lender to fund your deals. 

What did you find was the best resource to scale your business not only the fastest but the best?

Most Popular Reply

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Tom S.
  • Real Estate Investor
  • Burlington, VT
1,412
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Tom S.
  • Real Estate Investor
  • Burlington, VT
Replied

@Quentin Mitchell  Friends and family are your true private lenders, so reaching out to my network was the way I got started.

That said, I still use bank loans for most of my funding. 4% fixed for 30 years are terms you're not going to get from private lenders, and definitely not HML.

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