Updated about 6 years ago on . Most recent reply
confronting a potential private lender to start my first BRRRR
hello all,so i found a private lender and i told him of my plans to BRRRR properties...we never really spoke of the percentage i will be giving him, i just kind of suggested that it would be whatever made more sense for him as i would just be grateful and willing to show him how great this could be for us both...i have since been analyzing properties and am getting ready to approach him with some of the deals i found...I am now just nervous about now asking for the money because i'm sure he has been thinking about the risk etc especially since this is all so new to me as well and he is aware of this...Is there some kind of form or steps to show him that i will be taking to assure him of his money?