636: Private Capital Explained: The 4-Second Pitch to Unlock Unlimited Funds (Part 1)

<p><a href="https://store.biggerpockets.com/products/raising-private-capital" rel="noopener noreferrer" target="_blank"><strong>Raising capital for real estate</strong></a> is at some point what every investor must do. When you’re <strong>buying your first rental property</strong>, you can easily use your cash savings or a conventional loan to close on the property. But, on your second, third, fourth, or one-hundredth deal,<strong> finding the money (or financing) to get the deal done may start to get a little difficult</strong>. So how do you come up with the money to <a href="https://www.biggerpockets.com/blog/build-real-estate-portfolio-fast-the-stack" rel="noopener noreferrer" target="_blank"><strong>buy more rental properties</strong></a>, house flips, or commercial real estate, WITHOUT asking your parents, grandma, or friends for cash?</p><p><strong>Amy Mahjoory </strong>has raised $20M from <a href="https://www.biggerpockets.com/blog/find-private-money-lenders" rel="noopener noreferrer" target="_blank">private money lenders</a>, none of which are related to her (she makes sure of that). Think of Amy as a capital connector, getting to know as many existing, or potential, private money lenders as possible. We know what you’re thinking, “<strong>private money lending sounds complicated</strong>, don’t only big investors do that?” Think of a private money lender as<strong> anyone who has money</strong>, isn’t doing much with it, and wants to make more of it.</p><p>These<strong> lenders could be your taxi driver, your dentist, or maybe a friend of a friend</strong>. Private money is all around you, and if financing or <a href="https://www.biggerpockets.com/blog/2011-04-03-why-you-need-to-have-cash-reserves" rel="noopener noreferrer" target="_blank">cash reserves</a> is what’s stopping you from doing more deals, we urge you to take the<strong> four steps </strong>that Amy outlines today. There’s a good chance you already know a private money lender!</p><p><strong>In This Episode We Cover:</strong></p><p