Got Private Funding... Now I'm Nervous. HA!

[Cameron Price]

Its an exciting time in my real estate investing journey! I've been talking with someone who I have a great business relationship with, and this past week, they agreed to partner up and fund some flips! I'm pumped!!

I've done a couple deals on my own, and even borrowed money from this same person (paid in full), and everything has worked out very well for me this far, but now I'm nervous!?

I sure wasn't expecting that... I thought I'd get funding and charge bravely forward, but now something is different with someone else's money is on the line.

Anybody else experience this?

[Account Closed]

@Cameron Price why are you nervous now? If you were borrowing money from the same person or entity (lender) you were putting their money at risk then so what is the nervousness now for? 

Why are you partnering? You should keep the same system, you the borrower and they the lender. It worked before so why not keep that same system in place?

Now, all that fun said, real estate investing isn't always fun and profitable. Sometimes you lose money and your flip houses flop. I am not trying to be a downer, I am being realistic. 

When you use OPM (other people's money) someone else's money is always on the line, but so is yours --- your profit. Keep that in mind. You're not doing this for practice.

I like having specific roles, borrower, lender, etc. in my own business. . . I've done it a lot of different ways too.

Good luck! And by the way this is a good problem to have, in my opinion....