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Updated over 4 years ago on . Most recent reply
How do I find investors? And how does the split work?
How do you find private investors, get them to believe in your dream and work?
Most Popular Reply
![Anson Young's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/28464/1621364426-avatar-anson.jpg?twic=v1/output=image/crop=1190x1190@473x278/cover=128x128&v=2)
For private money? Well, typically they want to know you have a successful track record. If you dont have one yet, you will have to sell them on your business, how its planned out and that you have contingencies in place for when things go wrong. Its going to be an uphill battle to get private money with no experience in the business, but not impossible. Most private lenders in that scenario would be a rich uncle or someone that believes in YOU and has known you for a long time. Getting a cold lead from a private lender to say yes with no experience will be difficult for sure.
- Anson Young
- Podcast Guest on Show #235