Best kept secret about hard money you need to know! #wholesaling #paynelessflipping

Name: Best kept secret about hard money you need to know! #wholesaling #paynelessflipping
Uploaded: 2024-03-02T23:00:27+00:00
Duration: 25 s
Channel: Nathan Payne
Description: In this instructional segment, the speaker (Nathan Payne) explains that hard‑money lenders regularly fund real‑estate flips and therefore have direct…

2 Mar 2024 · 0 min

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In this instructional segment, the speaker (Nathan Payne) explains that hard‑money lenders regularly fund real‑estate flips and therefore have direct knowledge of active cash buyers. He advises flippers to contact these lenders, introduce themselves by name, and request the lenders’ buyer contacts, positioning the request as mutually beneficial—offering future business when the flipper needs financing. The speaker emphasizes that leveraging hard‑money lenders is currently one of the most effective ways to secure cash‑buyer leads for wholesaling and flip transactions.

Hard money lenders lend money to flippers all the time, so they know who's actively buying. So if you call a hard money lender and say, "Hey, look, my name's Nathan Payne. I have a great deal and I'm looking for a buyer, and I know that you're the hard money guy in the area. I've heard a lot of good things. Would you please give me some of your buyers I can work with so they can do some business with me? I'd love to do business with you as well if I ever buy a flip that I need money for." So hard money lenders is one of the top ways to get cash buyers right now.