Finding active hard money lenders may require some research, because they're not nearly as obvious or numerous as conventional lenders.

Many only lend money in their immediate geographic areas in order to be able personally visit properties before making loans. Check with

mortgage brokers, because they often represent some hard money lenders. You can also find hard money loans through newspaper ads and on

the Internet; but always verify lender credentials beforehand, as you should before working with any kind of professional mortgage lender.

You've decided to get into rehabbing properties. A hard money loans seem to be your best option to fund these ventures. Here are a few

ideas and questions to ask designed to help aid your search for a reputable hard money lender, broker, or referring source:

1. Hard Lender Experiences: Ask how long they've been in business. How many successful deals have they made? How many collective years

of experience do all key people at the company have? Look for a hard money lender that has "direct hard loans lender" in their advertising.

It's a good sign.

2. Industry Connections: How many hard money lenders and investors does this company work with? Go with one who has several funding

sources (Hedge funds, Mortgage pools, Private Equity Groups, etc.). The more connections they have to direct hard money lenders with ready

cash, the faster - and better they'll get the job done.

3. The Commercial Real Estate Market: How is the market in your area? The better the market's doing, the lower your hard loan interest

rates may be. If the market is slow you may end up paying much higher interest rate. Make sure you know the market in your area.

4. Brokers: The Company or referring source that helps you with your search for your hard money loan will have a lot of influence.

Make sure they are competent. How? Ask someone who has dealt with hard loans before. Ask your lawyer. Do as much research as you think

you'll need. Hard money brokers will help you shop many investors and lenders to find a loan that works for you.

5. Direct Money Lender: Some hard wholesalers or direct lenders can fund your loan directly. Direct money lenders are a more direct way

to get your loan underwritten and eliminate the use of a broker or referring source but, may have to start the application process all over

again if you started with a broker. Either way, make sure you are working with a reputable company who has a proven record of success with

hard lending.