Private money is truly the secret sauce I discovered years ago that can accelerate your real estate business. It is the hardest of all the kinds of ways to finance properties in the beginning, because it's purely relationship based and built on trust. This takes time to build. Although, a bonus tip not shared in the video is joint venturing with someone 50/50 or even 60/40 (the lender getting the 60%) on your first deal can be the quickest way to break into the world of raising private money for your real estate deals.
Check out the newest training video on me breaking down understanding private money, even when used to buy long-term rentals, especially creatively!