HMLs for New Investors

[Shannon Elam]

Hello BP community,

I am just starting out and have yet to get my first deal. I call two realtors in areas that I an interested in investing in. One realtor who was very knowledgeable on the area was tell me about my financing options- which after two weeks on BP she was like preaching to the choir- but she didn't mention Hard Money lenders. When I brought it up, she said that Hard Money Lenders are virtually non-existent now. I was a little take aback, especially since I JUST listened to Podcast 9 before I called her. Is it possible that this agent is that out of touch with what's going on with the REI community, or am I delusional to thinking that HMLs would be a good tool for a new investor? I guess what I'm asking is, have any new investors had problems getting HMLs because of your experience level?