This is my first post and I am ready to get to it. I am a new investor but this is something I have wanted to do for years. I regularly identify deals I would like to pursue that would provide great returns and I've almost pulled the trigger on a couple. My biggest struggle is making the connection with lenders (hard money or otherwise) to provide funding. I can have confidence in the property, the deal and run the numbers until I'm seeing stars but without connections to reputable lenders that are looking to put their money to work the deal goes nowhere. What are your suggestions/strategies for connecting with lenders willing to let their money work?
Currently, I am looking at single family and multifamily homes.
I look forward to meeting each of you and becoming a part of this community.
BP is a treasure chest full of useful resources. You will find resources here from blogs to pod casts and forums. You can also send messages to members which is my favorite part of the website.
Thanks Michael for the website. I will check it out. I read both posts this morning and let them marinade throughout the day. I am going to really focus on my relationships with lendors for the next 60 days and try to reach out to a new lendor on BP or phone call each day. I feel like if I can focus my efforts on establishing those relationships with multiple lendors then the money will be one less hurdle and the deals I identify I can actually get and start building my business.
I'm in Gainesville - pm me and lets chat!