Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

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

Loading replies...