Can anyone share with me their elevator pitch for a private money lender. I’m trying to get ideas of what to say in order to secure funding with a private money lender.
I think the best approach is simply to find a real deal and show them the numbers. Numbers don't lie.
Where/how will you find them? I have found a few through CL. Be careful about who you trust though, and beware advance fees, etc. If your lender wants points, that is fine as long as they are paid at closing. Application fees may or may no be required.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you