* Build trust first. Private lenders fund people, not just properties. Share your track record, deals, and strategy. * Show the numbers. Present a clear, realistic plan with purchase price, rehab costs, ARV, and exit strategy. * Protect their capital. Outline how they’re secured (first lien, insurance, promissory note, etc.). * Communicate like a pro. Be transparent about timelines, risks, and updates throughout the deal.
Private money isn’t just about funding, it’s about creating partnerships.
* Build trust first. Private lenders fund people, not just properties. Share your track record, deals, and strategy. * Show the numbers. Present a clear, realistic plan with purchase price, rehab costs, ARV, and exit strategy. * Protect their capital. Outline how they’re secured (first lien, insurance, promissory note, etc.). * Communicate like a pro. Be transparent about timelines, risks, and updates throughout the deal.
Private money isn’t just about funding, it’s about creating partnerships.
Hi @Dawn Hryshko, welcome to the BP Forum! Doesn't EVERYONE do it that way? ;-)
Well said. Private money works best when it’s positioned as a partnership, not just a funding request.
The borrowers who get repeat capital are usually the ones who present clean numbers, realistic exits, solid communication, and make lenders feel protected from day one.
I help investors structure deals this way often, whether it's bridge, rehab, DSCR, or private capital stacks. Are you currently using private money mostly for flips, rentals, or larger projects?