Those are usually not local hard money lenders.

Love this site! In the stages of working the acquisition side of wholesaling, making cold calls since late September 2024. Real estate courses and networking began for me in Summer 2021. I haven't received my first de...

I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up for one unit.

I’m new to BiggerPockets and I’m a private money lender.

And using the hard money for the second one.

Hello everyone, I have recently gone under contract on a property and was able to agree to a private loan with a family member to purchase and renovate. It is currently a verbal agreement and I would like to have it s...

Quote from @Scott Tennell: For real estate investors who have worked with private money lenders, what strategies have you found most effective in structuring deals to ensure both parties are protected and the funding process runs smoothly? 

Now, I’m diving into the niche of land investing.When I was pursuing the BRRRR strategy, one of the aspects that made scaling seem feasible was the availability of hard or private money lenders.

I do think it is a good idea to take some money off the table when an asset runs up and diversify.  

Hard money and private investing are both ways to finance flips, but they work a little differently.Hard money loans are typically from companies or private lenders that specialize in short-term, high-interest loans.