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Updated over 2 years ago on . Most recent reply

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Mason McDougall
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Introduction to BP from a book, can you really scale with this?

Mason McDougall
Posted

Hi everyone! I'm just now discovering BiggerPockets after buying about a dozen rentals. Not sure how I missed this! But a friend recommended a book that was recently published by BP, so I ordered it, and it just blew my mind! It's the one about lending. I'm curious if there are other active investors in here using exclusively private money from individuals to build and scale your business? There seemed like so many great ideas in this book on the lending side, but I was curious from a borrower's standpoint would this hold up enough to build an entire business around? Right now I have 12 rentals, my 10 conventional loans, 1 FHA loan, and 1 DSCR loan. I've felt kind of stuck on how to expand beyond this until someone in my mastermind recommended it. Let's hear it! The good, the bad and the ugly about cultivating private individuals to be lenders on your deals.

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