Additional ways to find PMLs so I can bring deals to them?

[Jakerria S.]

As a realtor, I've found a couple deals on and off-market in the DFW, just needing a PML to close and perform with on future deals. Can anyone recommend a private lender that works with investors on their first flip? I am looking to build a long term relationship, with terms that benefit us both.

[Issac San Miguel]

Quote from @Jakerria S.:

As a realtor, I've found a couple deals on and off-market in the DFW, just needing a PML to close and perform with on future deals. Can anyone recommend a private lender that works with investors on their first flip? I am looking to build a long term relationship, with terms that benefit us both.

It is a big ask to find a lender that "benefits us both" and build a "long term relationship" when your relationship with the type of lending you're looking for is nil.  I am not knocking you here, just pointing out the fact that when you go to a private/hard money lender currently, you're asking for hundreds of thousands of dollars in a recessionary environment, without any experience.  You're going to have to earn the trust of your lender, and not the other way around - the days of free capital are gone.

If you want to invest institutionally, find a credible lender who is still lending and adapting to today's environment - I have heard that the largest lenders in the space (read, the lenders with the best rates and terms) have paused (read, stopped lending) for the next 60 days until they figure out where the economy is headed.  I am currently working to save deals from falling apart that the largest lender are currently denying/passing on.  The private/hard money lending world is going to look very different 60 days from now.