Many people have been asking me on our social media, blog and in our member sites how I can get all my deals funded with private money and NEVER use any of my own cash or credit. The first thing I tell them is that they must know what the investment alternatives are in today’s market.
The stock market has been up and down for what seems like forever, and you need to know that it’s averaging about an 8% net return. In real estate, when a private lender lends me money, we can pay them 12% interest or 15% of my profit, whichever is higher. You need to be able to tell your potential private lender what options they have and why your investment is the best.
Once you know what the current return on other investments are, you can start following this simple 12 Step Process to have private lenders begging you to use their money on your next project.