289: Using Other People's Money to Build Your Real Estate Empire with Matt Faircloth

<p>Building a real estate business can be one of the best ways to achieve financial freedom. The problem for most, however, is money: There simply isn’t enough in your hands to get all the deals you want. That’s why today’s show might be the most impactful podcast episode you’ve ever heard. In today’s interview with&nbsp;<strong>Matt Faircloth</strong>, author of the new book&nbsp;<a href="https://www.biggerpockets.com/store/raising-private-capital-ultimate" target="_blank"><em>Raising Private Capital</em></a>, shares the steps needed to begin raising money from others to fund your real estate deals. You’ll discover the different types of private capital (and how to approach each), how Matt and his wife were able to grow from&nbsp;30 units to over 300 (!) using other people’s money, and why talking about metrics to a private lender might not be a great idea at first. If you want to 10x your real estate portfolio or build your empire faster, this is one show you can’t afford to miss!</p><p>In This Episode We Cover:</p><ul><li>Who&nbsp;<strong>Matt Faircloth</strong>&nbsp;is</li><li>How they’ve reached&nbsp;<strong>380 units</strong>&nbsp;to date</li><li>Tips for&nbsp;<strong>building wealth</strong>&nbsp;by investing in business</li><li>What you should know about&nbsp;<strong>opportunity cost</strong></li><li>Finding deals versus<strong>&nbsp;making good deals</strong></li><li>How to raise<strong>&nbsp;private money</strong></li><li>Tips for starting a business with&nbsp;<strong>friends and family</strong></li><li>A&nbsp;<strong>role-play call</strong>&nbsp;with David</li><li>The<strong>&nbsp;number one question</strong>&nbsp;potential cash providers ask</li><li>Why you should<strong>&nbsp;start with debt</strong></li><li>A&nbsp;<strong>new way</strong>&nbsp;to look at debt</li><li>When the<strong>&nbsp;SEC</strong>&nbsp;gets involved</li><li>About his&nbsp;<strong>book</strong></li><li><strong>And SO much more!</strong></li></ul><p>Links from the Show</p><ul><li><a href="http://biggerpockets.com/forums"