The Progressive Property Podcast Raising Finance with Sean & Kevin
https://www.progressiveproperty.co.uk/raf/
Sean and Kevin talk about how you can raise finance as a property investor. Kevin shares his decades of experience in raising cash including the two main ways to raise finance. Sean also talks about the importance of borrowing and how to challenge your own limiting beliefs around money and lending.
KEY TAKEAWAYS
- Whilst you might not be able to ask family and friends for cash, that doesn’t mean someone close to you won’t be interested. Kevin managed to raise finance from a colleague, from just a conversation at work.
- Sean’s mindset had to change when he discovered he was unable to get a loan he needed as he had no credit score. His mindset around borrowing money shifted even further when he started to attend Progressive Property events.
- As long as you tell people what you are doing in your property business, they will want to lend money to you.
- Always conduct thorough due diligence as an investor, ensuring you understand the proper terms.
- The money goes where the knowledge is, so go to property networking events, both locally and nationally.
BEST MOMENTS
"Most of the people that knew me were as broke as me”
“You can raise money from total strangers as well”
“Even though I’d never needed a loan in my life suddenly my mindset shifted totally and I realised that when I needed to borrow money I had to build a credit file”
“People will lend you money”
“You should not be lending money on handshakes”
“The money goes where the knowledge is”
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
ABOUT THE HOST
Sean Fitzpatrick is a property investor, educator, and the Face of Progressive Property. With a 6-figure portfolio and expertise in creative strategies, finance, and off-market deals, Sean shares success stories from the Progressive Property community, expert insights, and real-world strategies to help investors succeed. Tune in for practical tips and no-nonsense advice to accelerate your property journey.
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
CONTACT METHOD
https://www.facebook.com/kevinMcDonnellProperty/
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This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/