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Updated about 4 years ago, 12/25/2020

User Stats

6
Posts
5
Votes
Chris Gormley
  • Developer
  • Charlotte, NC
5
Votes |
6
Posts

Hard and private money on BP?

Chris Gormley
  • Developer
  • Charlotte, NC
Posted

Hey all,

I’m currently trying to close on my 5th flip. On my first 2 flips, I’ve used my own down payment money combined with leveraging hard money for the rest. The next three has been private money bringing the down payments on the HM as most of them are buddies of mine.

I’m currently doing a challenge to raise money for bigger amounts of private capital but was also wondering if there’s an opportunity for Hardmoney or private lending on bigger pockets through individuals or a simpler process than traditional Hard Money companies.

Thanks a lot!

Chris

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