Every month, I get questions from students about funding…
Specifically, time and time again, I get questions come from investors who don’t yet have their first private money lender. They know they should first explore their pool of friends and family before going out to others, but they’re scared to death to do that.
Hey Moguls, Patrick Riddle, look – I’ve been there and I understand. That’s why I decided to craft a lesson to deal with this simple process in a straightforward way.
The key is not to make this a hard thing – because it’s really not.
I want to share my script with you that has served me well through the years. It’s especially designed to use with those who are closest to you.
But before I share the script with you, first let me share what I think is going to be a very helpful, quick, run through of my 3 simple steps to getting the first private money appointment. And the script fits neatly into the…
Patrick Riddle
has been investing in real estate ever since he got the bug in college at Clemson University and - to his parents dismay - dropped out of college to dive full-time into real estate at the age of 22 with a couple friends/partners from school.
The first few deals were rough for them, mainly using their own cash, credit, and hard money loans. But, soon he found out that was a rough and unsustainable way to build a real estate business.
After "on the job" learning through the school of hard knocks at first, he found the key that helped their company get deals done more quickly, with higher profit, less risk, without having to go to banks or use their own cash.
Fast forward to today, their company has closed over 130 real estate transactions and has put over $6 million in private money into their own transactions.