What are your methods to finding Private money lenders?

[Fallon Gilbert]

Hi all!

I feel like I'm a fish out of water here a bit. I know that there are tons of different types of lenders but I believe for my case I would need a private money lender or hard money lender. To my knowledge, hard money lenders only do shorter terms? Not really sure.

Another issue I'm finding is the amount of money - the deals I do are typically about $30,000 and it seems like not many people are willing to lend on such a small amount. Does anyone know why?

I have, what I think, are good deals, and other properties that are owned free and clear which can be used as collateral. Does anyone know someone that would lend on this amount? Would love to have a conversation!

Here are two of my properties that I put into the bigger pockets calculator. Thanks in advance!

[James McGovern]

The minimum for most lenders is $75k. The effort to underwrite a deal is the same regardless of amount lent