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Updated over 5 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Matt Michaelis
  • Rental Property Investor
  • Painesville, OH
1
Votes |
7
Posts

Landing my first private money lender

Matt Michaelis
  • Rental Property Investor
  • Painesville, OH
Posted

A person I’ve know for a while saw my Facebook post about private money lending and asked me about it. I explained what I was looking for and he said he was interested and wanted to know more. A few weeks later I had an actual meeting with him and my business partner. I brought example deals and a real life deal. I lost the real deal the night before but used that as a lesson in having a sense of urgency and the power of cash buying. Everything went great.

A few days later I found a great deal and sent the info over to him...haven’t heard back. My business partner sent a follow up email a couple days after, still nothing.

How do I approach this so I can still maximize my opportunity with this person and without losing this deal?

Thanks

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