Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Jeffrey Smith
  • Specialist
  • New York, NY
1
Votes |
10
Posts

confronting a potential private lender to start my first BRRRR

Jeffrey Smith
  • Specialist
  • New York, NY
Posted

hello all,so i found a private lender and i told him of my plans to BRRRR properties...we never really spoke of the percentage i will be giving him, i just kind of suggested that it would be whatever made more sense for him as i would just be grateful and willing to show him how great this could be for us both...i have since been analyzing properties and am getting ready to approach him with some of the deals i found...I am now just nervous about now asking for the money because i'm sure he has been thinking about the risk etc especially since this is all so new to me as well and he is aware of this...Is there some kind of form or steps to show him that i will be taking to assure him of his money?

Loading replies...