Okay, so where were we…?
I was telling you guys that you can actually fake credibility when it comes to borrowing private money by having The Four Essential Traits for a Credible Real Estate Investor…
I taught you my N.A.C.K. for “hacking credibility” so you can “fake it until you make it”…
So now, I’m going to teach you The Iron Law of Credibility, which is a constant you always need to keep in mind to keep you confident and determined.
Excuses, Excuses.
But let’s tackle the problem right at its core:
We all know real estate investing can make you a multi-millionaire in about 20 years or less, and that’s why we’re here… on this page learning about real estate investing. But yet, very few of us get make it into this minority.
Bvut why?? Especially when when it comes down to it's core real estate…
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.