Looking for Private Lending. How could I find one?
Morning BP, currently under contract for two properties, for one bundle price. Price is under market and has great ARV, due to the area. I have attempted to reach hard money lenders, but all require inspections, appraisals, or some "proof of existence" which I totally comprehend. However, this deal was structured as a "cash offer" and with No Contingencies. Which has put me with limited options for funding. My only option now appears to be to find a private lender that is willing to work with me and receive a good Return on their Cash. Yet, even then it's been extremely difficult to even get in touch with a possible individual in the area I am located. Where should I look for private lenders? Posting, "Hey guys, I'm looking for a private lender with these numbers ..." doesn't really attract anyone. Cause even I wouldn't be interested (if I had the capital).
What do you guys think? Thank you all.
PP: 160k | Reno: 100k | ARV: 320-340k (for both)