5min chapter

Real Estate Rookie cover image

304: Rookie Reply: Don't Have 20% Down? Here's How to Fund Your Next Investment

Real Estate Rookie

CHAPTER

How to Build a Professional Relationship With Your Private Money Lender

Ashley Robinson: Private money is such a powerful tool because there are so many folks out there who have a desire to invest in real estate but don't have the time or ability to do it themselves. So if you can step in to give them a passive vehicle where they can just dump their money into something and get back a double-digit return that's backed by real estate, that's an enticing offer for a lot of people. The first deal probably takes a little bit more time; as you do a successful deal and one turns to two and two turns to five, now there's this track record there that you've built. And most folks that I know myself included, like once

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