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Updated almost 5 years ago, 01/11/2020

User Stats

32
Posts
15
Votes
David James
15
Votes |
32
Posts

When a potential lender says "Im taking all the risk!"

David James
Posted

So I was having another discussion with a friend of mine yesterday. He is my potential lender and has money to invest but is skiddish about jumping in. I told him that with his backing and my drive, knowledge and willpower we can make a good bit of money. His famous line is "If things go south all you would lose is time and effort, I would lose my total investment!" I told him that its my reputation on the line as an investor and also that we would analyze the properties before jumping in. What else can I say or do to convince him to take the plunge with me???

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