Seeking Private and/or Hard Money

[Rob Jones]

Currently seeking to establish relationships with Hard Money and Private Lenders that lend in North Carolina.  The operative word being "relationships".

A little background....

My wife and I have 3 buy and hold SFR's in Greenville, North Carolina and will be coming to a crossroads with our DTI soon. We both have great credit scores, great W-2 income, and virtually no debt(one car loan and one student loan) but the mortgages we have on our rentals and the rent rate we have on the apartment we live in bring our back-end DTI to 41%. Conversely, if there are any traditional lenders(i.e.-banks and CU's) out there that will lend on the deal as opposed to personal DTI, I'd love to start building a relationship with you as well.

We are also exploring the possibility of doing some BRRRR in the near future so a relationship with Hard/Private Money lenders will be of huge importance.

At the moment I do not have a deal on slate, I am simply wanting to establish a relationship.  My wife and I have a strategy to acquire 4 properties this year(we've already acquired 2), 5 next year, and 7 the following year.  We have a clear strategy and an even clearer plan to execute on that strategy. 

[Sheryl Gurvey]

Hi, I am in the Atlanta area and also looking for the same. To establish a relationship with a hard money/private lender. I've been investing in rentals since 2008 and also lent money on a recent deal from my 401k. I would like to expand my rentals, lend again AND begin flipping. In order to expand rentals and flip, I feel that having hard money ready to go is going to give me the best chances of obtaining the deals I see every day, for cash. I have a well trusted contractor ready and waiting to work on more houses with me. He has done work on several houses of mine, so I feel confident with him and his crew. Hope to connect with like minded people soon. I have met and connected with many BP members already, but not any hard money lenders.