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Updated almost 7 years ago on . Most recent reply
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Looking for HML or PML in the MD area
I am looking to start investing in real estate, specifically flipping homes. I have been reading articles and books and listening to podcast about the home flipping process. I am ready to pull the trigger but the only thing standing in my way is the money necessary to fund my first project. I have some savings that I plan to use for the "quiet" cost of the loan but I will need a loan to purchase the property and fund the rehab.
Does anyone have any hard money lenders or private money lenders in the Maryland area that you would recommend? I have called a number of lenders but I would rather go with a company based off a recommendation. There are a lot of horror stories surrounding these types of lenders so I want to make sure that I am doing my due diligence.
Thanks in advance!
Most Popular Reply
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Search meet ups on BP. There are some big one like BWI meet up that may be close to you. I attended a small one in Frederick and one in Columbia HMB. My first flip was in the Milford/Gwynn oaks area but I am not that familiar with the city. The last 6 have been in carroll and Frederick County. Use the BP tools available to you. One of the most important things you can do is pay the right price up front. If not it will be an uphill battle! Good luck and take action.