Hard Money Lending & Gap Lending
I understand the difference between the both of them.
While I am not the most experienced in the world, I do have some experience. I own a few rentals that are cash flowing. I have flipped a few and made a moderate profit. To date, I have never lost money in Real Estate. I attribute this to the dogged due diligence that I take before I close. All of my previous properties I have either used a Bank mortgage or I have simply bank rolled myself.
Currently, I am in a position that I have an opportunity to purchase and flip two possibly three houses. The time on Market is a little longer than what I would like to see but the profit is solidly there...but I digress.
My reason for this post is that I am having a little bit of a hard time finding a Hard Money lender as well as a GAP lender. Most I have found want me to buy into a program that I am happy to do but they can't seem to give me a clear understanding of what I am going to learn.
Can someone please point me in a direction that I can find helpful lenders that can assist me in acquiring these properties? I do not want to let these slide by as I am looking at a handsome profit on each one.
Any help or advice is welcomed and appreciated.