Tim Bell talks about building relationships with hard money lenders who wholesale repossessed properties at discounts. Tell them you'll buy whatever they take back, and they'll send deals your way before listing them publicly.
The next one on our list, hard money lenders. Now, we talked.
About how excited hard money lenders are to foreclose on you.
And that's true. But the hard money lender doesn't really.
Want to do a fix and flip on your house. They don't really want to buy and hold the house for a rental property.
They really.
Just want their money.
And so, in many cases, hard money lenders will wholesale.
Properties out to fix and flip investors and buy and hold investors like you so that they can get their money back.
So, again, you.
Want to approach whatever.
Hard money lenders you work with and have that may have those properties they get back, let them know, hey, if you ever take back a property, I'm.
Willing to buy it so you can talk with them about it. They often sell them at a good discounted price.
Just to get their money.
Back in circulation.
