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Updated about 6 years ago on . Most recent reply

User Stats

4
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0
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Alexander Walker
  • Detroit/Raleigh
0
Votes |
4
Posts

Seeking Advice on Using a Hard Money Lender

Alexander Walker
  • Detroit/Raleigh
Posted

Hey all,

My name is Alex and I want to find a deal this year!

For the next 6 months I will be saving my a$$ off to build up the capital for my first investment. I will be targeting two areas; a fix & flip to pull out the cash when I re-finance or a multi-family home (2 or 4 units) to live in one unit and rent out others.

I am considering partnering with a hard money lender on a deal to get the ball rolling...or should I just wait to save money myself? I know there are a lot of dependencies.

Also, I have never bought a home before...

Any advice? Or anything else I should add for context?

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