How can I save Money to get a Hard Money Loan

[Chris Colvin]

Hey everyone. I have been looking in the market for a house to fix and flip. I see that I may have to go with hard money loans. I do have some questions about how to save up some money to have the money for the 10% down. I am looking for around 10,000$. I have found a house but I'm stuck on the money before I put in a contract. 

I understand that I can do a private investor but how can I locate one of them. Please help!!!!!

Thanks Chris. 

[Jeff Rabinowitz]

@Chris Colvin, there are many threads on this topic on BP. Enter some key words, search, and you should find plenty to read. Private investors are almost everywhere. You probably come in contact with many potential investors every day. However, it seems like you are looking for your first fix/flip, wish to borrow 90% from a hml and the other 10% from another investor. What promised return would make you comfortable lending money to someone who has no experience and has no financial consequences if (when) they make a mistake? Your problem is not finding investors it is learning enough to structure something that is appealing to invest in. Start by reading, attending REIA meetings, and connecting with some people who are doing what you wish to do. You can get there.