S2E14 | How to structure private money | Grant, Teach Me SomethingW/ Grant Kemp & Ryan HarperCreativeCashflow.comPosted by Propelio on Wednesday, January 30, 2019
Using private capital to fund your deals is a perfect match.
They have the money, you have the real estate knowledge – it’s a win-win situation.
There are tons of people out there who have capital and are looking for a real estate expert to show them where to place it. (That could be you!)
But what’s the best way to structure these private money deals?
The first thing you need to know is whether the person you are connecting with is looking to leverage their time, knowledge or money.
Time and Knowledge will be covered in different episodes. In today’s show you’ll learn what to do when someone wants to leverage their money.
Some of the topics I’ll cover include:
- What terms do I offer private money lenders?
- Why you should always do the right thing, especially when it’s not in your favor.
- Why my minimum term with a private lender is 18 months.
- How to use social proof when talking to private lenders.
- And so much more!