Lender with capital but having a hard time finding borrowers/good deals

[Sloan Galbraith]

Hi!

I made a career shift early last year to be able to work from home. My business partner and I have been working with capital investments to fund people working on fix n flips. We have done great so far with what have but we are looking to expand but I am having a hard time breaking into the market of people actually doing the work and who needs the capital.

I'm wondering if this forum can offer some words of wisdom on how I can build up a name within the community of people seeking private lending? Any words of advice would be appreciated!

[Jerry Starr]

Hi Sloan, 

The easiest way to do that is to go where investors are already working:

1. Wholesalers
They’re constantly sourcing deals and need buyers with capital. Build relationships with a few active ones and you’ll see volume fast.

2. Local investor groups / meetups
Not for networking - for conversations. The people talking about current deals are the ones you want.

3.  Title companies / attorneys
They see deals before they close. Good referral source if you build the relationship.

and like @Erik Estrada mentioned, network with mortgage brokers and realtors in your area.