Private lender...

[Dean De Pew]

I hope someone can point me in the right direction to achieve this.

I am involved in the "Cash Buyers" area on this site...  I keep seeing commercial lenders listed. Does anyone have experience with a residential Private lender? I keep seeing lots of what seems to be scam artists asking for upfront fees. I understand there are fees needed to be paid in order to get the deal done, but when none of these Private Lenders has any feed back I can verify, it seems like sending them any money would just be foolish. I have a deal under contract and I need acquisition & Re-hab funds of about $80K. 

I wanted to just wholesale it with transactional funding, but so far I don't seem to have any cash buyers coming forward. Therefore i feel i need to do the fix & flip play in order to make this a winner. I don't have the funds currently available myself. I need a private lender I can trust or an angel investor, a JV partner or ??? I am open to ideas.

     Please be creative.

[Belinda D.]

@Dean De Pew, although you mentioned it at the beginning, I missed that you "already" have the deal under contract. 

Stop waiting for private/hard money. Now you need to do "mass" marketing to get it closed: Get a Pro account here on BP asap and market it in the "Marketplace". Market it to people in all the real estate investment meetings in your area. Check the properties that were sold (for cash) in and around the subject property area and market it to those cash buyers.