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Updated over 1 year ago on . Most recent reply

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Amanda Dobbs
  • Wholesaler
  • Newark, DE
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Where to find Investors

Amanda Dobbs
  • Wholesaler
  • Newark, DE
Posted

Is there a place to find Private Investors as in one person? If so, where?

Any of these real estate apps? 

In the past we dealt with one guy, we paid a little higher interest but the ease was great. 

Looking at 50% LTV currently.

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Mike Grudzien
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Eugene, OR
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Mike Grudzien
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Eugene, OR
Replied
Quote from @Tim Delaney:

The companies you will find in the lender finder section of BP are probably mostly companies as opposed to a private person like you are referring to. The best way to find that is networking. Go to local meetups, search these forums for people that have mentioned that they do private lending and attend other RE events.

I agree with Tim, spot on.  Per your request, you need local relationships.  Find a local chapter of REIA (Real Estate Investors Association).  Reach out to real estate agents that specialize working with investors.  You could find someone in the process of liquidating their portfolio and needs someplace to put their funds.
  • Mike Grudzien
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