Posted on July 21, 2009 by admin
In today’s challenging economic market, funding is hard to come by for the average investor. Only those with top credit scores seem to benefit from today’s market, at least that’s how it looks. Contrary to what you make think, there are numerous sources of hard money available, if you know where to look. Take it from me, these guys are buying properties and keeping a low profile. They understand the business and how to profit from it. These are the people that you should be seeking out to obtain your hard money loans.
So here is the tip on finding an unlimited supply of hard money sources in your town. What you do is go down to your local courthouse where you would purchase a bank foreclosure auction. Ask for the bid book where all bids are recorded. This information is very, very valuable. Write the name, address, and phone number of the bidders, this way you can always mail them some of your marketing materials when marketing for hard money lenders. You want to look for…