Hard Money for Flipping

[Shane Burlingame]

I am looking for recommendations for hard or private money lending. I am a licensed GC whose biggest barrier to entry is having working capital. I've done a couple of flips and have experience. I am a little leery of hard money only because it isn't something I'm familiar with.

I cannot go the conventional route because my self-employment is for less than a year. I'm personally not comfortable asking friends and family for private money, so hard money feels like a good alternative; if the numbers make sense. I'm looking to make a connection with someone and learn what a hard money lender is looking for.

[Mark Munson]

Hi @Shane Burlingame

      Feel free to message me, I can walk you through what to expect and what is needed. There are a lot of good lenders on BP, you can find them in the "Build Your Team" menu up top on BP. It is a fairly easy process, so I'd talk to as many lenders as you can and just find one that communicates well and provides more value than just rates and terms on a quote. You want someone who can help you assess your deals and, ideally, is an investor too.