What do people mean when they say "Find a Deal"?

[Matthew John]

This may seem like a stupid question, but I hear @Brandon Turner always talking about Finding a Deal and the money will come. 

I find potential deals frequently. Problem is, good deals don't last long. By the time I find the deal and communicate with a potential investor, the deal is scooped up. 

When they say, "Find a Deal" are they referring to get it under contract?

What if you get it under contract and cannot find a private money lender that's interested?

I'm at the point where I have a few people interested in Private Lending for me to scale, but not sure how to approach this moving forward. 

[Jim Pellerin]

I'm assuming you are referring to wholesaling or JV investor. You need to have a few investors lined up first. By that I mean you need to really know what they are looking for and what their ability is to react.

Once you find a deal, you need to make an offer subject to financing acceptable to you. That gives you a few days to shop it and a way out if you can't find anyone.

In addition to your preferred investors, you then want to advertise it, send it out to your local real estate group, call everyone you know, etc. Really grind it to try and move it.

Don't be worried about the seller knowing what you are doing. If they are truly motivated they won't mind having someone spending all the time and effort to help them sell. Be open and transparent.