What Do You Need to Know About Private Money Lenders Arizona?June 11, 2012
Even if you have no good, rotten credit, you can flip homes by talking to hard money lenders Arizona!June 11, 2012
Finding the right hard money lender Arizona for you
Now you are probably wondering how to locate fix and flip lenders that can help you get going as an investor. So here I’m going to give you a few resources that you can use.
THE FIRST WAY TO FIND A PRIVATE OR HARD MONEY LENDER ARIZONA IS TO USE AN AGGREGATION WEBSITE.
These are two that I recommend: http://moolahlist.com and http://www.hardmoneylendersonline.com. They are both good and reputable sources to find a fix and flip lender. One thing I would caution you against are some of the programs you’ll find out there that want to sell you a course on finding private money lenders Arizona
. In short, don’t buy them! They are just a rip off because you can get all the information they provide for free. Trust me, I bought most of them just to find out. Another way that you can find people to fund your real estate investments is by networking. Go to your local REI club meeting and get to know other investors. Many of them will move on to funding Mortgages after they’ve had their fill with doing flips themselves.
Just be warned that this can be a long and arduous process. You have to build relationships and get people to trust that you’re worthy of investing in. That is no easy task! Plus, if you mess up and can’t pay off your Mortgage, you’ll totally ruin the relationship that you spent all that time and energy cultivating. Don’t be a knucklehead, bonehead!
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