Real Estate Investor Training – How To Raise Private Money
Published on Sep 25th, 2009 in RSS Feeds with
If you want to raise private money for your real estate deals, the best way to do it is to constantly expand your network of private money real estate lenders. Many people tell us that this is an extremely difficult task for them, so we wanted to share some of the things that we do to help raise the capital we need to fund our real estate deals.
Expand Your Network
For example, if you want to build a private money network for Chicago multi-family real estate to fund your commercial real estate deals, you need to be able to fund any deal you find, and you are going to have to have more than one private money investor. You are also going to have to be continually adding new investors to your private lending program.
Now, you can do this in a few different ways. The traditional way is to go out and shake hands, give your elevator speech and do “meet and greet” luncheons.
Another traditional way is to get out and join networking groups or groups of “influencers” like attorneys, apartment managers associations and that sort of thing.
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