Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

162: Rookie Reply: Permitting Problems and Finding Hard Money Lenders

162: Rookie Reply: Permitting Problems and Finding Hard Money Lenders

FromReal Estate Rookie


162: Rookie Reply: Permitting Problems and Finding Hard Money Lenders

FromReal Estate Rookie

ratings:
Length:
15 minutes
Released:
Mar 5, 2022
Format:
Podcast episode

Description

This week’s question comes from Carlos, who directly messaged Ashley on the BiggerPockets Real Estate Rookie Bootcamp! Carlos is asking: Do you recommend, or is it even possible, to use a hard money lender from a different state?Hard money lenders and hard money loans are a crucial part of real estate investing for many real estate investors. If you’re a rehabber, flipper, or BRRRR-er, there’s most likely a chance you’ll need hard money in the future. But how do you find a hard money lender without past experience with one?Here are some suggestions:Use investor referrals and sites like BiggerPockets to find hard money lendersBe specific when you ask a hard money lender questions to make sure they can lend in your areaInquire about the criteria that your hard money lender looks at when lendingRelay your strategy to your hard money lender, to ensure they can lend on the property type you’re looking atAnd more in the episode…If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).Links from the ShowReal Estate Rookie Facebook GroupBiggerPockets WebsiteBiggerPockets Rental Property CalculatorInstagramARVC GoogleBiggerPockets Real Estate Investing BootcampBiggerPockets ForumsBiggerPockets Rookie WaitlistCheck the full show notes here: https://www.biggerpockets.com/rookie162 See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 5, 2022
Format:
Podcast episode

Titles in the series (100)

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.