10 Ways to Find Private Lenders for Your Real Estate Investment Business

If you're considering investing in the US, or if all of your cash is currently tied up in real estate, here are 10 ways you can find private lenders to lend you money for your real estate deals.

1. Elevator Pitch: Prepare a "60 second" elevator pitch and network with everyone you know including friends, family and business associates. Spread the word you are looking for investors.

2. Join professional networking groups: You can join networking groups like BNI, Board of Trade, Soho, and Meetups. Be sure to deliver your "60 second" elevator speech at every opportunity.

3. Postcard: You can purchase lists of high net worth individuals and send a postcard inviting them to call you to get free information from you or to attend an informational seminar about your real estate investing business and private lending. You can also do a postcard drop at designated neighbourhoods to let them know of your event. This can be accomplished through Canada Post.

4. Letters: Send letters to a high net worth list as above or send it to people that have already called or emailed you from your postcards.

5. Small Local Newspaper Ads: You can place ads in small newspapers offering the reader to attend an educational seminar or request a free report.

6. Flyers: Post flyers at senior centers and areas where high net worth people attend and traffic.

7. Speeches and Presentations: Offer to give a 30 to 60 minute educational presentation about real estate investing and private lender.

8. Senior Center Newsletters or Newspapers: Advertising in senior center newsletters, newspapers or even bulletin boards can be a productive way to get potential lenders. Again, be sure to offer free information or invite people to a seminar and provide good information.

9. Law Journals: Most cities have weekly or monthly journals for the local lawyers. You may want to consider advertising in your city's journal offering to help the attorney with high net worth clients and possible better returns than they are currently getting on CD's or money markets.

10. Internet: You can spread the word through social networking sites like Twitter or Facebook. However, don't be sales pitchy - just offer educational advice and tips. People will naturally gravitate towards you once you've built trust through credibility. Soliciting for investment funds through the internet is not compliant with the Securities Commission, so you don't want to do that!