Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
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
Rehabbing & House Flipping
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

Updated about 10 years ago on . Most recent reply

User Stats

42
Posts
6
Votes
Quinten Jones
  • Real Estate Agent
  • Grass Valley, CA
6
Votes |
42
Posts

Hard Money Loan for First Project

Quinten Jones
  • Real Estate Agent
  • Grass Valley, CA
Posted

I am interested in rehabbing properties as a way to save money to buy and hold properties. I am very green, however I have General Contractors in my family who are willing to help on the project, What would be the process to acquire a hard money loan so that I can get my first project going? I am a Real Estate Agent and I see a number of properties on the MLS that would be great starter properties. Any experiences and/ or advice in relation to hard money loans and getting started in real estate investing would be appreciated, Thanks!!

Most Popular Reply

User Stats

59
Posts
11
Votes
Kyle Karges
  • Investor
  • Gilbert, AZ
11
Votes |
59
Posts
Kyle Karges
  • Investor
  • Gilbert, AZ
Replied

@Quinten Jones Hard Money is pretty easy to come by. There are many online and guaranteed there are many at your local REIA. They base it almost fully on the property itself so you just need to make sure you buy right and have everything lined up so you can get the job done and refi out after. Good luck!

  • Kyle Karges
  • Loading replies...