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Updated about 4 years ago on . Most recent reply

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Heyward Mitchell
  • Rental Property Investor
  • Orlando, FL
2
Votes |
2
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First investment property w/ hard money lending

Heyward Mitchell
  • Rental Property Investor
  • Orlando, FL
Posted

I'm currently interested in a property where the seller only accepts cash or hard money. I am planning to use the BRRRR strategy whit this property and I'm not 100% on understanding how to get started down that path and how to navigate through that transaction. I understand the pros and possibly all the cons, but there is still a sense of fear I'm trying to overcome. I have never had to find a hard money lender or private money lender to in essence "ask" for money Does anyone have any pointers, tips, or directions to good lenders?

Thank you!

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18
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17
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John Baker
  • Rental Property Investor
  • Holly Springs, NC
17
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18
Posts
John Baker
  • Rental Property Investor
  • Holly Springs, NC
Replied

@Heyward Mitchell @Christine Smith - Feel free to connect. I'm not the most seasoned on this topic but I have used a hard money loan recently to faciliate my renovation/flip and would be happy to answer any questions I can!

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