Strategies for Building Relationships with Hard Money Lenders and Safeguards in Real Estate Rehab Projects

Discover the crucial steps in establishing strong connections with hard money lenders for successful rehab projects, from leveraging social media to implementing safeguards like detailed scopes of work and draw schedules. Learn how trust between borrower and lender is essential for prosperous real estate ventures.

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You want to invest in real estate, but you don’t have the money. Are you out of luck? Good news—money is NOT a dealbreaker. There are several levers you can pull to get the capital you need, and today’s guest is going to share them with you!

Welcome back to the Real Estate Rookie podcast! Shortly after being cut, former professional football player Darnell Leslie was determined to try his hand at real estate investing. There was only one problem: he needed money. But, after convincing some family members to partner with him, Darnell quickly realized that he could use other people’s money to fund ALL of his real estate deals. He started building his network and found private money and hard money lenders, using a polished private capital “pitch” to bring them on board. Over the last few years, he has completed five deals using very little of his own money!

Is money the ONE thing stopping you from buying real estate? In this episode, you’ll learn everything you need to know to start using other people’s money instead. From structuring private money and hard money agreements to buying materials for your renovation projects, Darnell walks you through each step!

In This Episode We Cover:

How Darnell uses other people’s money to fund his real estate deals

How to start raising private money today (tips for new investors!)

Why you MUST have multiple exit strategies when buying property

The private capital “pitch” to help you raise funds for your next investment

How to structure your private money and hard money agreements

The interest-free way to buy materials for your rehab projects

And So Much More!

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