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Updated over 7 years ago on . Most recent reply

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Jessica White
  • Minneapolis, MN
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Why would someone just.. lend me money

Jessica White
  • Minneapolis, MN
Posted

So new to this.. hopefully this is how we get things rolling.. On acquiring financing to any new real estate purchase,  I have read a lot about "find a hard money lender, find someone who will loan you money personally, etc".. Is this idea for people who have that rich generous uncle, or am I really going to find someone, after a search, that says "Here, I have an extra 500k laying around that I would like to give you".. Aside from that person having a financial gain from this loan, or an obvious reason to trust me, I am wondering if there is something I am missing about this whole idea?

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