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Updated about 7 years ago on . Most recent reply
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Gaining Creditability with other investors
As a real estate entrupenuer I have looked at over 100 potential properities and out of those 3 had the numbers to be purchased. My question is how can one go about building crediability with other investors that will allow or assist with a purchase, I understand that each investor has different criteria, is it good to network with several differnt ones or find one a work with them any sugguestions.
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Build relationships. At the end of the day, people are investing in you as an operator as much (or more) than the asset. You'll need to show everything that @Todd Dexheimer mentions above and more, but they also need to trust you. Be building personal relationships, be consistent with communications and stay in front of potential investors. Then when you find a good deal, they're already sold on you as the sponsor/operator and can make a quick decision about the specific opportunity in front of them.
Good luck!