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Updated almost 5 years ago, 01/29/2020
Best way to start relationship with hard money lender
Hey you all,
I’ve come to the conclusion that getting a hard money lender will be my best bet first my first property and probably future investments as well. I have just a few questions for you guys if you don’t mind chiming in and helping me out.
- How to avoid scammers
- Best way to build a relationship and create a deal with a lender(how to find, keep, and have an ongoing business relationship)
- Is the first deal usually 20% down or can I avoid that?
- Should I get a proof of concept on my own before going after a hard money lender?
Anything you guys could chime in with would be a huge help whether it pertains to these few questions or something else to do with hard money lenders.
Thanks!