Many people think that getting someone to fund your real estate deal is super hard! It’s actually not that difficult if you perfect your sales pitch. We’ll go over how to do that in this video.
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The first key to understanding private money lenders is that they are investing in you more so than the deal. The deal is important, but if you don’t know what you’re doing, you can mess up a really good deal. So you need to first convince them that you are worth investing in.
The other part that is going to secure the OPM (other people’s money) is by utilizing a Deed of Trust. Some states use different terms. But this will secure their money against the property. If anything does happen at least they will be able to take back the property. This is a huge advantage over other investments which has no recourse when things go bad.
Use all the strategies in this video and you’ll find funding in no time.