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All Forum Posts by: Ted M Pletsch

Ted M Pletsch has started 1 posts and replied 2 times.

Post: First time deal with a private lender

Ted M PletschPosted
  • Detroit, MI
  • Posts 2
  • Votes 0

@Rick Pozos Hi Rick, thanks for the information. That was another option I am considering right now. Going the hard money lender route and get some experience and success under my belt before going with private lending. 

Post: First time deal with a private lender

Ted M PletschPosted
  • Detroit, MI
  • Posts 2
  • Votes 0

Hi All, 

I have been educating myself for months on the various ways to invest in real estate and feel like its finally time to jump in. Enough with the analysis paralysis. I have some money saved up but have family and friends I believe would be an option as well for private lending. 

Just having listened to Real Estate Rookies, I also do not want to come off as if I am begging for money for my first deal or if that would even be a good idea?

I guess I was curious if anyone else has been through the same situation and if you might be able to provide some advice or any steps you took with the process? 

Thanks!