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Updated over 4 years ago on . Most recent reply

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Chandrika Brewton
  • Rental Property Investor
  • Denver, CO
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How To Find Private Lender

Chandrika Brewton
  • Rental Property Investor
  • Denver, CO
Posted

I am seeking information on how to find private lenders for projects. What are some strategies and does it matter if they are local or not, as I am in Denver, CO.

Thanks!

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Bill S.
  • Rental Property Investor
  • Denver, CO
2,897
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Bill S.
  • Rental Property Investor
  • Denver, CO
ModeratorReplied

@Chandrika Brewton it's private lending so there are no rules. BP has a very large list of hard money lenders. Go to the "network" tab above and the pick "hard money lenders" from the drop down menu options. Now if you want what I would call private money that comes from your personal network. They are private high net worth people who don't advertise their services. They come by word of mouth through your network.

Generally speaking, you find those folks by networking, Also generally speaking private money and hard money lend locally. There as some that will do "out of town" projects and they want a proven track record, a solid business plan, and hefty personal net worth. 

@Travis Sperr and @Justin Cooper from Pine Financial do hard money lending on local ground up construction if you want a place to start. 

  • Bill S.
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