Hello everyone,
I am new to this site. I have been looking around and there is definitely a lot of good information.
I have worked with hard money lenders in the past but tired of cutting into my profits. I am looking for a true “private money” lender if anyone knows one locally, or if you have worked with one outside of TX that you have dealt with personally, please email me with their info. Thanks!
Half of…
Half of something is better than…
All of nothing…
One of the first things I learned as an
Investor…
The next thing was to creatively structure deals so
they were attractive to investors who need to put cash
to work…
I would say concentrate on deal flow… deals with more
profit… and… better structure… to get money flowing your
way…
The last one is… the one that most investors never really
graduate too…
They go from… bird dog… to wholesaler… to rehabber…
always thinking that is where more money lies…
Every deal is different and has a way to maximize it’s profit…
and to do that… might mean short term and long term money…
or in most cases can likely be structured with… None of your
money at all… and everyone wins… including you and your money
person…
And the last thought I’ll leave you with…
When I was in the tshirt business… I would look in the back
of the Tshirt industry magazines… and always there would
be ads of tshirt printers… who print for you for “Dirt Cheap”
in other words they were looking for work from others in the same
field knowing those guys would pay the least…
To me… that was just plain stupid…
Why not learn to market their business and make 10 - 20 times
that amount…
It’s harder to make money trying to sale to the same sharks
you swim with… just a thought…