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Updated over 3 years ago on . Most recent reply
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How'd you expand your private lender list?
Looking for advice on extending my private lending list. I've currently done two transactions with private money. Both with my father 100% finance PP+rehab, I bring closing cost when I refi out.
How do I market this some other family members that I know have the stagnant funds but may be skeptical? If I can increase my private lenders list I can scale even faster and close on more deals. Im learning the velocity of money and compound interest by using my dad as a lender. And using his HELOC twice in a year.
Which ultimately would allow for easier syndications down the line.
Any tips on how you marketed yourself to potential private lenders would be appreciated.