Posted by John B. Corey Jr. on September 09, 2005 at 01:10:25:
I sent you an email with a suggestion.
You said you are just starting out. Even if hard money makes sense it is not the only solution. I say this as a hard money lender.
Work on your credit if it needs a tune up. Sell a few deals for cash to give you more working capital. Become friends with a couple of local banks so they can later provide a line of credit as you build a track record.
I have seen a number of deals in the area you mentioned so it should be good hunting. Good luck.
Chelsea Private Equity LLC
Looking for a hard money lender - Posted by Matt
Posted by Matt on September 07, 2005 at 17:18:40:
I am looking to get started in REI,am looking for potential deals. I also want to inquire as to where should I look to find hard money lenders to help me get going with this. I would appreciate any info as to where to look, and what are their programs.
Re: Looking for a hard money lender - Posted by wes
Posted by wes on September 07, 2005 at 17:59:56:
Most HM lenders only work there local area/market.
You need to post where you’re located and what market you plan to concentrate for a better response to your question…
Re: Looking for a hard money lender - Posted by Matt
Posted by Matt on September 07, 2005 at 18:17:31:
Well, I am planning to concentrate in upstate South Carolina, the Spartanburg/ Greenville region, so if there are any HM lenders that can do business in this area, let me know. Thanks…