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Updated over 7 years ago, 04/05/2017
Private Lending Question
If possible i need a little advice on how to ask someone for private financing. So far this past year I have successfully done 4 deals using the famous brrrr method and I am currently waiting on the refi on another property. Currently I have 4 deals set to close this month all cash and I do not want to extend out most of my personal cash to close them all at once. (I really did not expect 4 offers to be accepted all around the same time).
All of the deals fit my requirements and will cash flow well and before i decide to walk away from 1 I want to try to secure private lending to finance one of the projects.
Can anyone give me any advice on going about asking for private money and also on how to structure the proposal?
Thank you in advance