Updated about 10 years ago on .
Advice For Connecting With Banks
After a few months of school and work here in Fairbanks, AK, I'm finally able to invest the majority of my time finding and making deals in the Salt Lake area. Here's my situation:
I am beginning to contact banks, gathering leads from their non-preforming loans. I have succeeded, after a few tries, in obtaining the e-mail of an individual who can submit my request to be a qualified buyer/disposer of distressed assets. I have a nice write up concerning the nature of the business I'm interested in doing with them, but what I don't have is: a list of clients, contractors that I usually work with, proof of funds, and really any sort of legitimizing material to suggest I know what the hell I'm doing. How important is this stuff really? How are you supposed to get the right credentials, that will make banks want to do business, when you are just beginning as I am? I thought about listing the names of some of the other investors I've briefly met, but that just seems dishonest.
What should I include in my email? Any sort of advice would help a lot...I don't really know what the banks will be looking for. Thanks for reading.
-Callen