When you are making a deal with a private lender, it’s critical to be clear and honest about how much money you’ll need for the project. However, if it’s your first deal, it can be difficult to properly make an estimate.
In this video, I’ll walk you through six specific factors you should analyze and present to your private lender. I’ll explain how to include the correct information, without being superfluous on your private lending documents.
I’ll also share the two biggest reasons that private money lenders decline an offer, and explain how to break down your financing costs. If you’ve ever wondered how much private money you’ll need, this video is for you!
How to Create Your Private Money Credibility One Sheet:
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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