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Damien Davis
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30
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Looking for a Hard Money Lender

Damien Davis
Posted

Hello BP Family,

Been on the hunt for a hard money lender that is willing to work with a new investor. I've spoken to interested parties that talked a good game but looks to be that, just talk. I am looking for a HML that fund deals in-house and not afraid to work with a new investor. Yes, I get the risk factor, which is why it's important to me to find someone who wants to build a long term relationship with me.

Any suggestions for HML (preferable in CT) would be extremely helpful.

  • Damien Davis
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    Chris Seveney
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    Chris Seveney
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    ModeratorReplied
    Quote from @Damien Davis:

    Hello BP Family,

    Been on the hunt for a hard money lender that is willing to work with a new investor. I've spoken to interested parties that talked a good game but looks to be that, just talk. I am looking for a HML that fund deals in-house and not afraid to work with a new investor. Yes, I get the risk factor, which is why it's important to me to find someone who wants to build a long term relationship with me.

    Any suggestions for HML (preferable in CT) would be extremely helpful.


     Many lenders will invest with new investors. Are you doing long term rental, fix and flip etc. 

    The key will be how much skin in the game you have, as a newer investor they will want to see more skin in the game. If you are seeking high leverage, then I recommend friends and family or go to local REIA and bring a specific deal.

    • Chris Seveney
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