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Find Hard Money Lenders Faster

by Samantha Dawson on Nov 4, 2009

Finding hard money lenders can be a total hassle. Unlike traditionallenders, you will unlikely find huge signs mounted in front of their offices. Afterall, most of them don’t even have offices. They just “work” at home. You canroam the city the whole day and you might end up with nothing but tired feet insearch of them. But if you knew exactly where to look, you can actually findthem without leaving you desk. Here are some tips you can follow to find hardmoney lenders in your area: You can join a real estate investing clubin your area. These clubs have tie ups with realtors and lenders. Clubs alsohold monthly or weekly meetings attended by private lenders.  Some rich clubs publish a newsletter thatprint the names of such lenders and other contacts you might find useful inyour real estate investing career. Another way to find private lenders is toask for referrals.  Contact friends orrelatives who recently brought a property. You can also chat with...Read More >>



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Hard Money Lenders: Who are They?

by Carrie Dawson

Hard money lenders can be a great source offunds for real estate investors. By having someone like these people in theirteam, investors can easily acquire great investment properties and improvetheir chances of making it big in the real estate industry. Unlike banks, credit unions, and mortgagecompanies, lenders of hard money loans, or HMLs, are not concerned about aborrower’s credit history or his capability to repay the loan. Because hardmoney loans are asset-based, lenders will approve the loan as long as theproperty, for which the loan is being made, has a great after repair...

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