Updated 8 months ago on . Most recent reply
Seeking Private Lender
Hello,
I am in the market as a first I in the market as a first time investor. My goal is to begin building my portfolio before the end of the year with my first transaction and eventually work with others to build out there's as well.
I would like to connect and build a professional relationship with a private lender who is looking for an investor that looking to acquire and hold several properties. And continue expanding and diversifying their portfolio. I hope that we can support each others real estate goals.
Right now, I am looking to begin with a multi-family unit and have been working with brokers in DC and Chicago for a deal. There are several really good ones in Chicago and would love to get the ball rolling if the numbers make sense.
I was considering DSCR but am also interesting in fix-and-flip (or hold) loans.
Would love to hear from you!
- Joy McQueary
Most Popular Reply
Hi @Joy McQueary - Awesome to see you on the forums and taking action!
I've found the best place to meet private lenders is in person at meetups or different mastermind type of events.
How come you are looking in DC and Chicago? I found it was easier to find what I was looking for when I narrowed my search as much as possible.
Chicago has a plethora of good properties, just make sure you have the right team set up!
Consider talking to @Cam Schwartz who is local to chicago and lending on the fix and flip side.
- Jonathan Klemm
- [email protected]
