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Updated about 5 years ago on . Most recent reply

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256
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110
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Mel Hayes
  • Investor
  • Los Angeles, CA
110
Votes |
256
Posts

How do I find a Private Money Lender?

Mel Hayes
  • Investor
  • Los Angeles, CA
Posted

Hi All, Thanks for reading my post.

I have decent credit, A good amount of Cash saved up but I dont have years of work history. What are some tips or steps to finding a Private Money Lender or Hard Money Lender? How can I best prepare to be approved?

Most Popular Reply

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2,177
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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
1,174
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2,177
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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
Replied
Originally posted by @Mel Hayes:

Hi All, Thanks for reading my post.

I have decent credit, A good amount of Cash saved up but I dont have years of work history. What are some tips or steps to finding a Private Money Lender or Hard Money Lender? How can I best prepare to be approved?

private money is usually from close friends and family. Hard to come by. Hard money is easier to come by but much much more expensive. Read Brandon Turner's book on no/low money investing. Hope that helps!

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