Newbie from WI...looking for hard money lender in WI.

Newbie from WI...looking for hard money lender in WI.

Sun Prairie, WI · Member since 2013 · 4 posts · 0 votes

Hey all...been reading, and reading, and reading this website for few months now. What a great source of information. Anyways I think I have found my first possible deal and am looking for a hard money lender in WI for a single-family residence under 100k. Anybody have any connections? Looking to purchase the property, do some minor repairs, and put back on market. House is a foreclosure. Thanks!

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  • Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    13y

    @John Nault

    Welcome.

    Check out the Start Here page http://www.biggerpockets.com/starthere

    Check out the free Bigger Pockets Real Estate Guide http://www.biggerpockets.com/real-estate-investing

    Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet and get referrals for hard money lenders.

    Good Luck

    Paul

  • Sun Prairie, WI · Member since 2013 · 4 posts · 0 votes
    13y

    Thanks Paul....I plan on attending some REIA clyb meetings soon. This website is so full of great information.

  • Milwaukee, WI · Member since 2013 · 384 posts · 109 votes
    13y

    Hi John -

    Welcome to BP. I noticed your thread because Mauston is a town I am very familiar with. My parents are from there and we still have a lot of family in the area.

    I haven't used hard money yet in my investing so I can't give you direct advice on that.

    Obviously meeting other Wisconsin investors through BP or any REIA groups (I would think at least Madison would have one) would be sources of information. Also real estate attorneys and real estate agents who work with investors might be able to direct you to hard money lenders.

  • Real Estate Agent · Milwaukee, WI · Member since 2014 · 114 posts · 30 votes
    11y

    I  am looking for hard money lenders in Milwaukee also. Anyone out there?

  • Contractor · Green Bay, WI · Member since 2014 · 6 posts · 2 votes
    11y

    A google search works well....that's how I found a lender that works in both Milwaukee and Green Bay...using the obvious search words.

    Of course BP has a hard money lender locator tool in the RESOURCES tab as well.

  • Real Estate Agent · Milwaukee County, WI · Member since 2009 · 3k+ posts · 525 votes
    11y

    @Ralph R. local Milwaukee Nicole Hardmoney meet up

    Keep in mind 90 days for FHA buyers rules ( Appraisals )

  • Investor · SE Wisconsin/NE Illinois · Member since 2012 · 109 posts · 57 votes
    11y

    Hey @Ralph R. said, come to the BP meetup this saturday. Scott Lurie does alot of hard money lending in the milwaukee area as well as alot of property management.

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