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Posts Tagged ‘private investor’

12 Must Know Tips to Getting Private Money

Friday, April 24th, 2009

7 Comments »

Private Money for Real Estate InvestingWould it make a difference in your real estate investing business if you had an unlimited source of capital to fund your deals? Let’s just say you had access to a million dollars in private money at your disposal . . . what kind of profits could you turn that into by doing great real estate deals? How would that affect your lifestyle?

That’s now a reality for one of our students that joined our creative real estate investing coaching program a couple months back. And this kid is in his mid twenties! He just locked up access to a million dollar credit line from a private investor and is about to go gangbusters in his market down in Florida.

Anyway, let’s dive right in and get to the meat and potatoes . . . because that could just as easily have been you! You can have access to all the cash you need for your real estate deals . . .

(more…)

Tags: creative real estate investing, how to get private money, private investor, Private Lender, private lending, Private Money, Real Estate Investment Financing Strategies
Posted in Real Estate Investment Financing Strategies, Tips and Tricks | 7 Comments »

5 Questions You Should Be Asking Your Private Money Prospects

Monday, February 2nd, 2009

2 Comments »

Financing really seems to be a sticking point for many investors. We get tons of questions through the blog about financing strategies, but most of the questions center around getting private money.

Recently, I wrote an article about the 3 types of people most likely to invest with you and become your private lenders. Now that you know who you’re best private money prospects are, let’s go over exactly what you should be asking them.

The best way to turn a private money prospect into a client is by asking the right questions. Questions that elicit motivation, questions that uncover goals, and questions that make the prospect imagine themselves enjoying and benefiting from your investment program.

(more…)

Tags: creative real estate, private investor, Private Lender, Private Money, real estate investing, Real Estate Investing Financing Strategies, Real Estate Investment Financing Strategies
Posted in Negotiating, Real Estate Investment Financing Strategies, Tips and Tricks | 2 Comments »


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Who's Behind Must Know Investing?

Patrick Riddle:
Patrick grew up in Lexington, South Carolina. Went to Clemson University for several years studying civil engineering and wound up doing real estate investing in Charleston, SC.
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Dusty Keefe:
Dusty discovered real estate investing at the early age of 21. He flipped his first piece of property while he was still in school and never looked back.
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