#341 - Overcoming the Fear of Raising Private Money as a New Investor - Amy Mahjoory

Joining us on this episode of Living Off Rentals is a real estate investor and private-money expert who has taught hundreds of investors how to raise millions of dollars for their deals.

Amy Mahjoory started raising private money when she was a new investor flipping houses in Chicago. Listen as she breaks down how new investors can overcome the fear of raising private capital, build relationships with potential lenders, and create a simple process to get deals funded.

She also shares what to do when a deal doesn't go as planned and why communication with your lenders is so important. Enjoy the show!

Key Takeaways:

[00:00] Introducing Amy Mahjoory and her background

[03:06] Becoming one of the leading experts on raising private money

[05:11] What is private money?

[06:33] Using private money as gap funding

[07:24] Using private money on different types of real estate deals

[10:35] Amy's step-by-step process for raising private money

[11:35] Four-second power pitch

[13:04] The biggest mistake real estate investors make