private money lenders/partners wanted
Here’s my elevator pitch!
My name is Michael, I'm 32 years old. I live and work in Connecticut. I have a LTR duplex that I rehabbed and have been renting for 5.5 years and I have a STR That I purchased 1.5 years ago and rehabbed as well. Both were purchased the conventional way.
I manage both rentals myself, along with 7 other LTR in the surrounding area.
Im looking to scale and go full time into real estate, so saving up for each deal wont work anymore. I have relationships with a few hard money lenders, investor friendly agents, wholesalers and contractors in the area.
I'm looking for a private money lender to help with down payment for the hard money loans. I'm finding 10-20% down on hard money. I plan to use the Brrrr method to pull all funds back out. These projects will all be 2-4 unit small multi family to start. For the projects I'm looking at, I will be aiming for a 3-6 month turn time.
I'd like to find someone willing to do one deal and if the relationship works well, scale up to multiple deals per year. The relationship is the most important to me.