Hard money lenders have earned a bad reputation in the area of lending for no good reason.

Most of the leases are 20-30 yrs in length.I would have first position over the lending bank that financed the building it self is my understanding.The ROI is very good.

I once saw a loan officer who specialized in FHA lending throw his books across a room during a RE pre licensure course when he learned he could not provide FHA loans as a salesperson.

(After all, if they're at the point in their career that they are willing to lend their expertise, it takes deliberate effort on their part, and they don't have time to make an effort if you don't reciprocate.)In going to over a hundred meetings in the past year, I've made a lot of contacts with some very savvy and successful folks, and not once did I ask to be mentored.

If you invest in your personal name, most lenders you know will jump on lending to you.

BTW a bank does not have to make a loan - but packaging mortgages was the most lucrative business - which of course led to the crash - banks did not care to whom they loaned - they made so much money on the tranches, they just needed to keep inventory coming so they could sell it to the stupid well heeled investors - it is mainly the banks that brought the crisis to us, by not having to make a buck - by lowering their criteria and lending to people they clearly should not - but as they had no skin in the game once it was tranched so who cares!

Notes originated for the secondary of institutional portfolios are not the main thrust, those come from distressed situations directly with the bank and borrower in unique situations, not tapes.There are much better note opportunities from the note holder, not brokers.

Keywords to improve reach: wholesale, wholesaling, newbie, SD, southern California, so cal, landlord, turn-key, out-of-state, cash buyers, hard money, private money, private lending, multi-family, direct mail marketing, door knocking, probate, evictions, tenants.  

Community banks who are doing portfolio lending will be your best bet if you don't have millions to fund purchase of a large pool.

I am finding a lot of options for short term lending for flipping properties, that I could use, but I am doing buy/hold so I eventually would need a long term mortgage of some kind on the property.