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Updated almost 5 years ago,

User Stats

18
Posts
2
Votes
Angel Garibay
  • Rental Property Investor
  • Plumas Lake, CA
2
Votes |
18
Posts

Hard money. Ready to make offer and need proof of funds

Angel Garibay
  • Rental Property Investor
  • Plumas Lake, CA
Posted

I found a couple properties that have been on the market for a while and would be perfect candidates for a BRRRR in my area at the right price. So I contacted my brother who is a RE agent and he said that he would be more than willing to submit any offers at whatever price I want all's he needs is proof of funds.

These would be my first offers on any investment properties and a lot of them are going to be at around 50% or lower of the actual asking price but I figured some offer is better than no offer because all of them need a lot of rehab.

So my questions are: How do I find a hard money lender? How does the process of making offers with HM go? Is there anything that I should specifically be looking out for? What do I need to do on my side of things to make everything go as smoothly as possible?

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