Hard Money Lenders

Hard Money Lenders

Wholesaler · Baton Rouge, LA · Member since 2008 · 471 posts · 98 votes

I am at a point in my REI business where funding deals is the critical path. I am finding potentially good deals but I am not making offers due to the lack of funding. Any suggestions would be appreciated.

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  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    16y

    If your deals are in Louisiana, your universe of potential hard money lenders is severely limited. Go to Scotsman Guide interactive matrix, plug in your criteria, a few hard money lenders should pop up. These are real lenders as they (we, but I lend in Texas only) pay a fairly stiff fee to be included in the matrix.

    Private Mortgage Financing Partners, LLC
  • Investor · Round Rock, TX · Member since 2010 · 8k+ posts · 4k+ votes
    16y

    Your local REIA is always a good source of funding leads too. You should also focus on growing your own private lender set too so that you can avoid all of the expenses involved in hard money.

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