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Updated 6 days ago on . Most recent reply

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Marcus Powell
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How to approach a private lender

Marcus Powell
Posted

Hey guys, I'm new to real estate investing and was hoping for advice on how to approach a private lender. I'd like to have all relevant information in a folder I can walk them through, but am struggling on what all should be in there. Just looking for some thoughts or maybe even a template that has worked well for one of you. 
Thanks in advance.

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Kyle Mccaw
  • Property Manager
  • Keller, TX
993
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1,198
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Kyle Mccaw
  • Property Manager
  • Keller, TX
Replied

@Marcus Powell 

I started out using hard money loans. Once I had a few successful projects under my belt, people in my network started asking how they could get involved — that’s when I started introducing the idea of private lending.

When I pitch a deal now, I keep it simple but professional. Here’s what I include in my lender packet:

  • Deal overview – address, photos, ARV, comps

  • Purchase & rehab budget – detailed scope of work, timelines

  • Exit strategy – flip, refinance, or rental (with estimated profit or cash flow)

  • Security – how their loan will be protected (typically a promissory note + deed of trust)

  • Track record – short summary of past deals or team experience

  • Terms – what I’m offering (interest rate, length of loan, points, payment terms)

The key is transparency and communication. Private lenders aren’t banks — they’re investing in you as much as the deal. Show them you’ve thought through the risks and have a plan for everything.

Just locked in a private money loan last week for a flip I’m closing Friday — so it definitely works.

  • Kyle Mccaw
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McCaw Property Management
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