Understanding Private money

[Andrew Galeano]

Hey I was wondering what would be the best way to network with some private Lenders. I have been Pre Approved for a mortgage amount of $450,000. I have come across a few rehab deals but with the purchase and rehab would cost more than what the Mortgage loan offers. Any help please? Thanks

[Rick Pozos]

Become involved in some charities. When you give of yourself and your paycheck, you will meet other like minded individuals. At fundraisers you always meet lots of people. Learn the art of networking. 

In your everyday life you have to not be too afraid to talk about money with other people. Some get very cautious and dont like to talk about money. Thats ok, but I do and I ask questions all the time. Out of many people that I talk to, every once in a while someone will be the one. It is just like finding deals. You talk to lots of people, and you probably even see quite a few homes, but not all of them make your list of properties to buy. There are only a few that you do in fact buy.