Comments on: What Comes First … Finding a Deal or Funding for a Deal?

By: victor

victor — Wed, 09 Jun 2010 04:34:42 +0000

I don’t make any deal yet, but I thing funding it have to be first. And then with money on hand you can find a deal with confidence.

Thank You Patrick

By: Justin

Justin — Thu, 24 Sep 2009 14:08:25 +0000

Granted I haven’t been through all your posts yet (it would take a long time!! :) ) but I have yet to see HOW to generate buying/lending/selling leads…

By: Patrick Riddle

Patrick Riddle — Sat, 12 Sep 2009 19:01:01 +0000

Glad you liked it Doug! You’re welcome man.

Andrew … I think it holds a ton of beginners back AND lot’s of them get frustrated and quit. People need to understand that you can contract a property, use a contingency, and do your best to wholesale it or get it financed with nothing to lose. After you gone through that process a few times, it’s only a matter of time before you close one … either by wholesaling it to another investor or finding someone to put up the necessary moolah.

… I posted the question, “What comes first … finding a deal or funding a deal” on my Facebook profile and got some interesting responses. Check ‘em out below …

“I vote “funding”…course I voted for McCain too :)” – Bobby

“Finding the deal is first!” – Tammay

“Find the deal first and if it is truly a deal, then you can ALWAYS figure out some way to get it funded.” – Karen

“Funding – it makes it easy to pull the trigger on a great deal.” – Christopher

If you haven’t friended me up on Facebook yet, here’s the link … http://www.facebook.com/patrick.riddle

~ Patrick

By: aturner

aturner — Sat, 12 Sep 2009 18:47:38 +0000

I had this all backwards when I got started. Thinking that I needed funding before doing anything held me back for months. Thanks for clearing this up for all the newbies out there.

Nice glasses too.

By: Doug

Doug — Sat, 12 Sep 2009 18:44:01 +0000

Hey Pat,

I just got done listening to the marketing audio. Great stuff! Thanks for all the awesome resources.