HARD MONEY CAN BE EASY MONEY FOR YOUR REAL ESTATE DEALS TAMERA ARAGON
Ideas for Finding Hard Money Lenders
1.
Real Estate Clubs. (Search online or here: www.meetup.com)
2.
“$ to Loan” or financial sections of the classified ads. (www.craigslist.org)
3.
Other investors (“yesterday’s wholesalers are today’s HMLs)
4.
Mortgage Brokers – Ask them if they have any non-conforming, high interest, non-qualifying investor type
loans where the only lending criteria is the value collateral (collateral with an “equity cushion”, i. e. the
difference between the ARV and liens).
5.
Online Search for “Hard Money Lenders”
6.
Yellow Pages
7.
Craigslist.org or other classified advertising. See below for ideas. Feel free to borrow the words below.
Just add your name and contact information to these short ads.
AD IDEAS:
o
Earn 15% on your $ in well secured
local real estate projects.
o
If you’re not making at least 15% with
IRA, we need to talk.
o
Money needed to fund local real
estate investments.
o
I find, you fund, we flip and split
profits.
o
Real Estate investor looking for
money investor.
NOTE. Be careful – Running ads in the paper to raise money for investing purposes can also raise SEC issues. You will probably want to place an ad for
the sole purpose of looking for cash to borrow. Advertising to get investors could raise a red flag. I am not an attorney. Please check with your own attorney
for laws on this.
Finally – there are many ways to do real estate with little or no money down. Hard money is just one way to
lower the need for your own ‘out of pocket’ cash and give you the ability to make money in real estate starting
today.
To get started today, apply for my mentoring and training program at: www.coachingu2profits.com
Watch for Future Articles on TRANSACTIONAL FUNDING, NO-MONEY DOWN DEALS and HOW TO FUND
YOUR DOWN PAYMENT.