What better way to find capital than to contact one of your personal private lenders with whom you’ve already built a relationship.
Networking and building relationships as a residential real estate investor are important, but it is an absolute must for commercial investors. The biggest reason to build relationships with other commercial investors and private lenders is for financing purposes. When facing a one million dollars or more purchase price, you will likely need funding. What better way to find capital than to contact one of your personal private lenders with whom you’ve already built a relationship. Once you’ve built a network, you can rely on other individuals who have made and learned from their mistakes.