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Updated over 8 years ago on . Most recent reply
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Hard Money Lenders
Hello everyone, My name is Matt and I am relatively new to the area and real estate investing. I currently own two homes, one in Texas that I rent out and one here in Cheyenne that I live in. I am interested in potentially flipping a property here in Cheyenne, but the costs are a bit out of my range at this point in time. Due to these circumstances, I am now investigating the possibility of using a hard money loan and was wondering if anyone had any experience with this in the Cheyenne area. Really I'm interested to know what your experience was, what lender you used, and any recommendations you may have. Any thoughts?
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@Matthew Ranucci if you have a solid deal you can probably find someone. There are a number of folks from your area that are semi active here that are doing deals. In your shoes, I would pickup the phone and start calling local agents. In Cheyenne it is very much who you know and you being an outsider is going to be a tough sell. At the same time, if you don't try, you wont' get anywhere.