whats the best way to approach a private lender

[Juan Espinoza]

Hi  I'm new here, and looking for some advice to get my foot in

I'm interested in flipping houses, I'm just having trouble in how to approach a private lender

[Michael Lee]

Hello Juan!  Hopefully, you came to the right place to get answers.  I would recommend dressing up in either a suit or nice looking new sports clothes.  Show them on paper how you plan on making money and which type of real estate you picked.  Sound like you know alot about it.  You might tell them what you are doing now and if it is flexible.  You might tell them what range of their rate will be and how much they will potentially make.  Let them know you understand that their loan is usually 12 months or less.  You might tell them what you expect of them and how much of the profit they might make depending on their help beyond money.   Act trustworthy and like a friend.  Be truthful and do not hide anything.  Make a good first impression.  Act friendly and respectful.  Tell them you know the area you will be buying at and what you will be doing everyday.  Good luck to you!