8 Reasons people LOVE loaning us money to buy houses
Good money morning BP Fam,
I'd like to share with you the 8 reasons people love to loan us money to buy houses. When I first started in real estate back in 2004, I had no idea how I'd be able to finance any house, much less a house that cost a hundred thousand dollars. Further, I found out conventional lenders wouldn't loan money on houses that need work. So I finally found a bank that did construction loans where they'd loan me 80%, but I still had to come up with the other 20% down payment plus money to start the renovations. I had just enough money to put down 20% on ONE house, but then all my capital was gone and I couldn't do any more houses until I sold that 1 house.
That's when I started doing research on Private Money. I found out there was a world where ordinary people could finance my real estate deals without all the hassle from the banks. But over the years, I've learned there are 8 things you must master in order to become attractive to these Private Lenders and that's what we're covering today. Master these 8 techniques and you'll have more money than you could ever imagine to buy real estate....
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