What Would Be Best Route To Take?
currently I have a line of credit for 1.8 million via rental properties which I plan to use to finance aquisitions via the pre-foreclosure market in the Chicago-land area and surrounding suburbs, but do not have time for the grunt work involved. I have access to a daily database for new foreclosure listing, along with all the information required.
What is the best way to find individuals willing to use my line of credit to fund pre-foreclosures with some form of partnership?
I contemplated the idea of hiring a small staff, but I have no knowledge of the pre-foreclosure market yet, strictly dealt with rentals in the past.
Any info would be appreciated. Thank you.
Advertise in the Money to Lend section of the paper. You can offer your services as a hard money lender...