Private money lenders How do you find them?

[Charity Johns]

I am looking for private money to find my deals. I am sure this question has probably been answered 100 times. But how do I go about it. Any suggestions would be appreciated 🙂

thanks for you time and help. 

[Philip Coiro]

@Charity Johns

It will come to you when you're ready. When people start seeing what you're doing and how it's going, people you know will want in. My wife and I did two flips on our own, after people saw the second one on social media we had about 6-7 friends inquiring about what we're doing and how they could potentially be involved. I created a private lender packet detailing what we do, our experience and results, closing statements, everything and offered them 10% APR on anything they lent us, interest only payments made monthly. We just went into contract on our 3rd flip and raised our goal of $180,000 immediately and had to close it off to some people who will have to wait for the next deal. We learned that if the deal is good and you're doing the right thing, the money will present itself