Hard Money for beginners

[Louis Van Der Westhuizen]

Hello Bigger Pockets

I keep hearing about hard money lenders and they all seem to have loans available for new investors at least that is what they represent on their websites, but is that just a marketing trick? I have reached out to a few and after checking the box under number of flips completed = zero you never hear from anyone? 

Thanks, 

[Stephanie P.]

Originally posted by @Louis Van Der Westhuizen:

Hello Bigger Pockets

I keep hearing about hard money lenders and they all seem to have loans available for new investors at least that is what they represent on their websites, but is that just a marketing trick? I have reached out to a few and after checking the box under number of flips completed = zero you never hear from anyone? 

Does anyone have experience with Hard Money lenders that will fund fix & flip loans to beginner investors, I am looking in Cleveland OH. 

Thanks, 

 Rather than no experience, could be the loan sizes are too small.  75K loan size is minimum for many and Cleveland doesn't lend itself to big loan amounts (gross generalization, but still pretty accurate).