• Home
  • About
  • Contact
  • Recommended Reading

Posts Tagged ‘private money for real estate’

« Older Entries

Here’s A Great Private Lending Resource…

Friday, September 23rd, 2011

No Comments »

Hey, I was on the phone last week with one our Private Money Blueprint members, Michael Mackay, and he shared a great private money lending resource that he uses… that helps him build credibility with his lenders AND handles a bunch of the detail work after he closes a private money deal.

The video is only a couple min… check it out…

Toss your thoughts, questions, and whatever else is on your mind in the comment area.

Happy Investing!

- Patrick

Tags: patrick riddle, private lender resource, Private Money, private money for real estate, private money for real estate investing, private money lender, private money lending, private money resource
Posted in Real Estate Investment Financing Strategies, Tips and Tricks | No Comments »

Advanced Private Money Training: The “Diagnosis” Technique

Thursday, March 24th, 2011

No Comments »

private-money-diagnosisAlrighty, I have a new video for ya… an advanced private money getting technique.

Just like a doctor diagnoses his or her patients, you should be diagnosing your private money prospects.

In this tutorial, you’ll learn not only “why”… but specifically how to diagnose your prospects and get more private money more easily.

Average investors who try to get private money (key word “try”) don’t do this… which adds to the reason that they’re average.

Check out the video below to learn the “diagnosis” technique…

Makes sense, doesn’t it?

Now that you know the power of the “diagnosis” technique, it’s time to put it to work for you.

Toss your questions, thoughts, whatever is on your mind in the comment area below.

Happy Private Money Getting!

- Patrick

Tags: borrow private money, patrick riddle, Private Money, private money for real estate, private money for real estate investing, private money lenders, private money lending, private money technique, private money tips, the diagnosis technique for getting private money
Posted in Real Estate Investment Financing Strategies, Tips and Tricks | No Comments »

What to Do When They Say “No” (Step by Step)

Sunday, March 21st, 2010

No Comments »

Private_Money_Lending_Follow_UpYou could be leaving hundreds of thousands of dollars (maybe even millions!) on the table with your private lending prospects … IF you don’t have an effective follow up system in place.

Answer this for me …

What are you doing with your private money prospects when they say, “No” or “I’m not interested right now.”

If you’re like most people, you’ve forgotten them. You never contacted them again, right?

Well, I’ve put together a deep content tutorial that walks you through the process of setting up a follow up system that automatically stays in contact with your prospects AND builds massive credibillity and trust.

Check ‘er out over on our Private Money Blueprint blog.

And here’s the coolest thing about it …

This is ONLY Part 1 of my brand spankin’ new, deep content drenched, “P-Rid’s Private Money Millions Series” …
(more…)

Tags: Private Money, private money blue print, Private Money Blueprint, private money blueprint blog, private money for real estate, private money lenders, private money lenders for real estate, private money lending
Posted in Real Estate Investment Financing Strategies, Tips and Tricks | No Comments »

How to Get Private Money in 7 Days FLAT

Wednesday, March 17th, 2010

5 Comments »

Just opened my email box to another killer testimonial the other day …

You’ve gotta check this out!

This dude bought our Private Money Blueprint (PMBP) – private money getting system – on Feb 18th … and within 7 days, locked up $100K in private money. And not only that, he got 3 referrals!

Check out the screen shot of his email …

Srj_Testimonial

(if you’re new here and wondering who Trevor is, he’s my partner in the PMBP)

(more…)

Tags: creative real estate investing, patrick riddle, Private Money, private money case study, private money for real estate, private money lenders, private money lenders for real estate, private money testimonial, real estate investing
Posted in Real Estate Investment Financing Strategies | 5 Comments »

Frustrated Because You Can’t Finance Your Real Estate Deals?

Thursday, November 5th, 2009

1 Comment »

frustrated_private_money_real_estateAnswer these questions for me …

>> Are you frustrated because you can’t get the cash you need for your real estate deals?

>> Have you ever lost a great deal because you didn’t have funds to close it?

>> Is a lack of financing killing your real estate investing dreams?

If you answered “yes,” to any of the questions above, then private money may be THE solution for you.

What is private money?

Private money is cash from an individual that is lent to you, the real estate investor, rather than being invested traditionally through stocks, bonds, mutual funds. When you think about private money, think investment funds from an individual … any individual.

Is private money the same as hard money?

Far from it!

Hard money lenders finance deals for real estate investors as a business. They lend to investors based on the property, not necessarily based on the person. The hard money lender dictates the terms of the deal to you, the investor.

A typical hard money loan has high interest, points, and is short term. For instance, I purchased my second deal with a hard money loan. I was charged 15% interest, five points (or 5% of the loan balance), and had a term of six months to repay the loan in full.

Do you see why they call it “hard” money?

On the other hand, with private money, you dictate the terms of the loan to your private money lender. Based on the deal and your business model, you offer terms that suit your needs and provide a good return for your private lender. A typical private money loan could have 6% to 10% interest, no points, and a term that suits your exit strategy.
(more…)

Tags: patrick riddle, Private Money, private money for real estate, private money lenders, private money lenders for real estate, private money lending, private money lending for real estate, real estate investing private money, real estate private money
Posted in Real Estate Investment Financing Strategies | 1 Comment »

« Older Entries
  • Got Financing Problems?
    Download Your Free eBook
    and Private Lender PowerPoint!

     

  • Featured Video

  • Categories

    • Business Management Systems and Tools
    • Cool Stuff
    • Featured Post
    • Marketing
    • Negotiating
    • Personal Development
    • Property Management
    • Real Estate Investment Buying Strategies
    • Real Estate Investment Financing Strategies
    • Real Estate Investment Selling Strategies
    • Real Estate News
    • Renovations
    • Tips and Tricks

    Archives

    • January 2012
    • November 2011
    • September 2011
    • August 2011
    • July 2011
    • June 2011
    • May 2011
    • April 2011
    • March 2011
    • February 2011
    • January 2011
    • December 2010
    • November 2010
    • October 2010
    • September 2010
    • August 2010
    • July 2010
    • June 2010
    • May 2010
    • April 2010
    • March 2010
    • February 2010
    • January 2010
    • December 2009
    • November 2009
    • October 2009
    • September 2009
    • August 2009
    • July 2009
    • June 2009
    • May 2009
    • April 2009
    • March 2009
    • February 2009
    • January 2009
    • December 2008
    • November 2008
    • October 2008
    • September 2008
    • August 2008
    • July 2008
    • June 2008
    • May 2008
    • April 2008
    • March 2008
    • February 2008
    • January 2008
    • Ron Mead
    • The Probate Guy
    • Stephanie Davis
    • Flip This Wholesaler
  • Tools And Resources

    Site design by -Arcimedia-

    Connect With Patrick

    • Facebook
    • Linked In
    • Twitter
    • Technorati
    • StumbleUpon
    • Youtube

    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.
    Continue Reading...