How to find a local private investor?

[Kevin Le]

My partner and I are currently new investors stationed in Jacksonville NC. We have been doing an extensive amount of research into real estate and have been working with real estate agents and contractors. We are wondering how one comes to find a private investor? We understand hard money loans are out there but we are both the type of people who would rather work with an individual rather than a company. Any insight or advice would be much appreciated.

Respectfully

Kevin Le

[Daniel Haberkost]

@Kevin Le there are plenty of individual hard money lenders in my market that lend their own money, I’m sure there are some in yours too. That would solve your problem of wanting to work with an individual.

They’re very useful as they will analyze the deal with you and tell you whether the numbers make sense.

Trying to find a private lender (that isn’t a friend or family member) with no experience and no capital is going to be very difficult. It’s not impossible but if you want to go that route you’re going to need to find an extremely good deal.

Start networking and making contacts so when you do have an undervalued deal you have people to call.