Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

113
Posts
58
Votes
Sheila F.
  • Investor
  • Statesville, NC
58
Votes |
113
Posts

Becoming a Hard Money Lender

Sheila F.
  • Investor
  • Statesville, NC
Posted

Any advice on where and how to start due diligence?

I'm in Nc outside Charlotte.

Most Popular Reply

User Stats

21,306
Posts
18,865
Votes
Chris Seveney
  • Investor
  • VA
18,865
Votes |
21,306
Posts
Chris Seveney
  • Investor
  • VA
ModeratorReplied
Quote from @Sheila F.:

Any advice on where and how to start due diligence?

I'm in Nc outside Charlotte.


 FInd people here on BP that are searching for money and see if it fits your criteria then lend. Another option is to go on a site like propstream and see who the cash buyers have been in the area and reach out to them to see if they are looking for $. 

For DD, I recommend go take a MLO course and learn how to underwrite deals from a lending side. Lending is all about risk and what is the borrowers ability to pay you back. So leave no stone unturned. 

  • Chris Seveney
business profile image
7e investments
5.0 stars
3 Reviews

Loading replies...