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Updated about 2 years ago, 11/02/2022

User Stats

8
Posts
6
Votes
Mitchell Endicott
  • New to Real Estate
  • Columbus, OH
6
Votes |
8
Posts

How to raise private money (without looking desperate)

Mitchell Endicott
  • New to Real Estate
  • Columbus, OH
Posted

We always see those RE influencers talking about using OPM (other people's money) to finance their properties when using the BRRRR method. But how would you even go about talking to someone about this? How do you find and ask people if they are wanting to invest with you without looking like you're begging for money? I'm sure there's a certain script you could follow, but you'd just come off as a salesman. I'm wondering how I could possibly make a connection with a private money lender without looking like some young guy after their money, especially if it is going to be my very first deal. I live in a wealthy area of Columbus and feel like I could be surrounded by potential private money, but have no idea how I could go about trying to raise it without looking like a desperate salesman trying to dig into their pockets.

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