Posted by John B. Corey Jr. on April 18, 2005 at 19:52:11:
The local RE club is a great starting place. The classic of networking to find folks that either make loans or are investor who know where to find funds.
Many hard money lenders are very local and tend to focus on things they know. You could call them older investors who get tired of the hands on stuff so they use their cash to invest in deals.
MH is very different from deals with land so expect that you may find lenders who will do one but not the other.
New construction can be a different activity. There should be local banks that fund construction deals. This is very much bread and butter business for some local lenders. They will care a lot about your prior experience with new construction so you might need to partner on some early deals.
John B. Corey Jr.
Chelsea Private Equity LLC