Getting private lending for residential flips

[Daniel Oren]

Hi all, What are the best ways (or websites) to find private lenders to finance a flip? What are good rates for receiving loans from private lenders? Thanks, Dan

[Jon Holdman]

Private lenders are people you know personally.  You don't find them on web sites.  You find them by talking to everyone you know and everyone you meet about what you do.  With time and effort, you will find someone willing to invest with you.  Especially once you have a track record.

Folks who advertise or respond to requests for loans are almost always hard money lenders.  Their money may come from private individuals, and sometimes they use the term "private money".

If you're looking for names of lenders you'll need to post in the Marketplace.