Raising capital for real estate is at some point what every investor must do. When you’re buying your first rental property, 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, finding the money (or financing) to get the deal done may start to get a little difficult. So how do you come up with the money to buy more rental properties, house flips, or commercial real estate, WITHOUT asking your parents, grandma, or friends for cash?Amy Mahjoory has raised $20M from private money lenders, 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, “private money lending sounds complicated, don’t only big investors do that?” Think of a private money lender as anyone who has money, isn’t doing much with it, and wants to make more of it.These lenders could be your taxi driver, your dentist, or maybe a friend of a friend. Private money is all around you, and if financing or cash reserves is what’s stopping you from doing more deals, we urge you to take the four steps that Amy outlines today. There’s a good chance you already know a private money lender!In This Episode We Cover:What is private money lending and why it’s so different from traditional financingBuilding a reputation that’ll turn a stranger into a trusted lender quicklyThe “four-second power pitch” that’ll land you lenders immediatelyHow to make your lending process legit and the documentation needed to do soAddressing investor fear and how to make lenders feel confident in youThe key to open, honest, and powerful communication when talking to any potential lenderAnd So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastGet Your Ticket for BPCon 2022Listen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your Area“On The Market” YouTube ChannelDavid's BiggerPockets ProfileDavid's InstagramRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterAccess Brandon Turner’s Free MasterclassHow to Find Private Money Lenders and Finance Your Deals10 Ways to Build a Reputation as Your Market’s Premier Real Estate InvestorHard Money vs. Private MoneyBooks Mentioned in the ShowRaising Private Capital by Matt FairclothRich Dad Poor Dad by Robert KiyosakiConnect with Amy:Amy's WebsiteAmy's LinkedInAmy's InstagramClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-635Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.