Updated over 10 years ago on . Most recent reply
Little or no money down
Does anyone know how to find private money lenders who require little or no money down? It's probably a really stupid question....but I'm having a really hard time funding my first few deals. I am currently whole sailing to build cash flow....but there are a couple deals I just can't pass up and I'm looking for private money!
Most Popular Reply
Private lenders are friends family and associates that lend to you because they know and trust you.
To find them talk about what you do to everyone. Everyone asks "Whats new" that is your invitation to tell them. Many people have seen the Flipping TV shows and are interested to hear about real estate.
When talking to them mention the great deal that got away because you just didn't have enough money. At some point someone will ask "Well How much money do you need?"