Fix n Flip Hard money lender

[Mikesael Nieves]

Hello everyone! I read about a real estate strategy that I feel would be a good fit for me but also matches my current goals and interest. I'm just a bit confused on the order of how I should go about things. Example For a fix and flip, Do I find a HML prior to finding the right property or do I find a property first? And if I'm suppose to find the property first, do I have my GC go out and asses it before presenting the deal to the HML or do I present the deal with a repair guesstimate? Do I have to be under a purchase contract to get my GC to evaluate a property? By the way I'm freshly new to all this! Please don't be annoyed by my newbie questions!

[Tyler Bushey]

What I did, while actively looking for deals, was called a local HML and talked about myself, experience, goals, and what they look for in the deals they fund . I personally would do it the same way if I had to start again. I think it was best because I didn't immediately bombard them with a deal, and I was able to also follow up relatively quickly with a deal. If you venture into Maine at all in your search feel free to reach out, Southern Maine is on fire!