#3
For investors searching for Institutional financing please focus some of your attention on developing relationships with small local lenders. Many are flush with low cost cash and NEED to loan. I found one with lending limit of $1,000,000 6.5% interest -75% LTV- amortization 25 years due in 5. Cash out ok. No seasoning requirement. Good luck.
#2
Where is your valuable time spent daily? Doing lunches, meetings, countless webinars, speaking to other wannabe investors? How much does all this effort really pay off in the long run? Most real success comes from KNOWING where you want to go and FOCUSING on taking persistent daily ACTION not talking about it. Reject group thinking, it is worthless.
#1:
I once had the opportunity to sit in and listen to a presentation made by the most successful Commercial Real Estate Developer in Arizona.
He explained to the audience how he went from a leasing agent working for a well-known Commercial Broker to leading his company to first place in his state in less than 2 years and being chosen as the developer for the redevelopment of the down-town area of Phoenix Inner City; it was a multi-million dollar contract. So large he actually had to hire many of his larger competitors to help him complete the job.
When I got a chance to get up close and pose a question, I asked him what was the #1 reason, distinction or change he made that he credited most with helping him achieve his rapid success. He
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