Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Joseph Clark

Joseph Clark has started 1 posts and replied 2 times.

Post: Finding private money lenders

Joseph ClarkPosted
  • Posts 2
  • Votes 1
Quote from @Nathan Gesner:
Quote from @Joseph Clark:

Hey everyone, for the last couple months I've been educating myself on how to invent in Real Estate. I've attended webinars, seminars, and purchased a couple books from BP. I'd like to start off with buying rental properties but most lenders I've talked to require me to put down 20%. That's not really an issue for me, especially in the market I'm looking to get started in. But it would be a lot better to use other people's money to not only finance the purchase of the property but also the rehab. My question is how and where can you find private lenders? 

Thanks 


Private lenders may be easier to get money, but that also means you're putting yourself at greater risk. Why not start with traditional lenders until you've proven your system works, then switch to private money to accelerate?

Hey Nathan,

Thanks for the response. I can start with traditional lending on my first few deals. 

Post: Finding private money lenders

Joseph ClarkPosted
  • Posts 2
  • Votes 1

Hey everyone, for the last couple months I've been educating myself on how to invent in Real Estate. I've attended webinars, seminars, and purchased a couple books from BP. I'd like to start off with buying rental properties but most lenders I've talked to require me to put down 20%. That's not really an issue for me, especially in the market I'm looking to get started in. But it would be a lot better to use other people's money to not only finance the purchase of the property but also the rehab. My question is how and where can you find private lenders? 

Thanks