Because using and leveraging private lenders in you real estate investing business is, hands down, one of the fastest and most effective ways to give yourself the confidence and the speed of implementation that you need to land those deals that are going to take you where you’re trying to go with your business.
The problem is, time and time again, we hear how hard it is – no matter how many tips, tactics and strategies we give you – to effectively find and connect with private lenders. We always hear, over and over again, that getting that first one is a huge hurdle. It seems to be, for many people, this insurmountable first base hit that they can’t seem to get over.
So, for today’s post, we’re going to talk about a couple of specific ways that you can get over this hump. I’ve shared this advice a few times before, but never really focused in on it exclusively. And, I think it deserves focus because it’s really powerful.
Rather than seeking funding first, get a record through wholesaling. Get some experience under your belt. Build that track record of deals that you’ve closed and money that you’ve made, which you can then show to a potential lender.
It doesn’t matter what financial situation you’re in… you can start making money. You can start getting experience closing deals by simply wholesaling properties and get that initial track record in place.