What Private Lenders Want to Know

I’ve said it over and over… in order to be a successful real estate investor and build the business you’ve always dreamed of, you need to have access to private money. Sure you can do some quick wholesale deals with no cash of your own and make a small profit, but in order to go after “the big dime,” you need to develop strong relationships with private lenders.

 

Working with private lenders doesn’t have to be intimidating, but there are three key questions that each and every one is likely to ask you, so if you’re prepared with the answers, your chances of getting access to that capital increases significantly. These three questions are:

  1. What happens if you can’t sell the house?
  2. What if something happens to you?
  3. Can you guarantee my money?

 

To learn the answers to these questions and read the entire article, click here.

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