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?
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).
Ashley Kehr:
This is Real Estate Rookie episode 162.
My name is Ashley Kehr, and I am here with my co-host Tony Robinson.
Tony Robinson:
And welcome to The Real Estate Rookie podcast, where every week, twice a week, me and my wonderful co-host Ashley Kehr, talk all things real estate. But with the focus on the guys and girls at the beginning of their investing journey. We want to bring you the inspiration, the information that you need to get started as a real estate investor. So Ashley Kehr, before we get started, let’s just say that this has been like one of the most technically difficult podcasts to record. Ashley and I have tried recording this like five times, but our system keeps crashing. So we’re hoping that we can get through in one piece.
Ashley Kehr:
Yeah. And we really haven’t even gotten past … this is the farthest we’ve made it, so far right here into the podcast.
Tony Robinson:
Oh, yeah. We’ve said this intro five times.
Ashley Kehr:
Yeah.
Tony Robinson:
So hopefully it sounds super polished by now. But Ash, what’s new with you? Give me like the quick rundown before the system explodes on us.
Ashley Kehr:
Yeah. Well, Tony, first of all, I got to say happy belated birthday. Tell everyone-
Tony Robinson:
Oh, thank you, Ash.
Ashley Kehr:
About your…