Want to learn how to significantly increase your success in getting private money?
Who doesn’t, right?!
Hey Mogul’s Patrick Riddle here, and I have great appointments that resulted in terrific private money lending… and then, of course, because we’re all human, I’ve also had some that were not great and ruined the chance of obtaining private money.
So today, I want to share with you 5 financing ‘don’ts’ to avoid…
1) Negative Attitude
This is first for a reason – it affects every aspect of your life, both professionally and personally.
Simply put: There is no substitute for a good attitude.
Act and think negatively, and that’s what you’ll bring into your life.
But if you think positively – ‘Yes, I can get private money for my deals!’ – you will get it!
This isn’t tomfoolery or hocus pocus. It’s legit. Sure it can be hard sometimes to stay positive or not be negative – but work at it. It’s…
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.