[325] How to Raise $250,000 in Private Money in 30 Days: Interview With Susan Lassiter-Lyons

When I first started flipping houses, I didn't have any money.So I did what a lot of new investors do…I found a “joint venture partner.”This guy had some money and wanted to put it to work. So we teamed up.He supplied the funding, and I did all the “work” of finding the houses, getting them under contract, managing contractors, keeping the projects on time and on budget, and then selling the houses.We split the profits 50-50.This arrangement was fine for a while……but I was putting in a lot of long hours.And my JV partner didn’t have enough funds to pay for multiple projects at a time.I needed to raise more capital.But I had no idea where to begin.Then someone pointed me toward a book called “Getting the Money,” by Susan Lassiter-Lyons.And I can honestly say that getting funding has NEVER been an issue for me again.I’ve probably given away 100 copies of this book since then.It’s a game-changer.And today, I’ve invited Susan Lassiter-Lyons onto the podcast to share her story and her advice for real estate investors who need funding.This is one of the most powerful conversations I’ve ever had on this show.Susan is digging into stuff like…The #1 biggest constraint in her real estate investing business…How she tried (unsuccessfully) to get money from banks…The one thing that was eating into her profits the most…How to structure your pitch (when you’re first getting started)…The questions you should ask when screening a private money partner…The 3 types of people you should approach for money…The timing of WHEN you should work on raising capital…The 2 components of a successful money pitch…Why it’s important to just “be yourself” (and what that means)…The “low hanging fruit” of private money…How to make it so money is NEVER a limiting belief again……and more.If you’ve been struggling to come up with capital to fund your flips, this is for you.Let’s dive in!Links & ResourcesIf you want to raise a TON of private money fast, there’s only one book you need… grab a copy of Susan’s book “Getting the Money” on Amazon.You can also check out her work at SusanLassiterLyons.com!Like what you hear? Subscribe!If you've found any value or helpful information in the 7 Figure Flipping Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while you're at it, leave us a rating and a review so other investors who want to ramp up their own house flipping / wholesaling businesses can find us and get in on the good stuff! Hosted on Acast. See acast.com/privacy for more information.