Quote from @Account Closed:
We are a construction/flipping company on the east coast Virginia area. (Currently averaging 40-50 deals a year). I know, everyone says that they are flipping that many a year, however for the sake of the question let's assume we really are doing that number to be able to gauge the amount of capital needed. I am curious if anyone has any experience who started flipping using hard money and then moved into private money. I hear a lot it comes down to track record, experience and other items. Where did you find investors past Hard Money Lenders once you established those items listed? Thank you for your time.
Jason
With a good track record of that many deals, you should have no problem at all attracting private money lenders for your upcoming deals. I do a fair amount of private lending and most of the flippers I work with, I met at REIA type meetups, so I would suggenst you attend as many of those meetings as possible. Tell everybody what you do and built good relationships with good PMLs. Both you and the PML will benefit. Check references and ask other flippers who they use for thier private money. Reach out anytime if there is anything I can do to help and good luck!
