How to Raise Money for Property Investing (Even If You Have None) With Kevin McDonnell
Description
This week we are joined by property investor Kevin McDonnell. Kevin shares his inspiring journey from a disastrous start in property investing to building a successful portfolio of over 100 properties.
We delve into Kevin's unique approach to raising money, including:
- Overcoming early challenges: Kevin candidly discusses his initial missteps and how they shaped his current strategies.
- The importance of sharing your journey: Learn how openly discussing your investment goals can attract potential investors.
- Debunking the "no money down" myth: Kevin clarifies the concept of "no money down" and explains how to leverage other people's money.
- Exploring various funding avenues: From friends and family to private lenders, sophisticated investors, and even SAS pensions, Kevin outlines a comprehensive guide to raising capital.
- Mastering the art of vendor finance: Discover how to negotiate creative deals with sellers, including vendor finance options, and how to solve their problems to secure favorable terms.
- Building long-term success: Kevin emphasizes the importance of consistent effort, overcoming challenges, and focusing on long-term goals over quick wins.
This episode offers valuable insights for both aspiring and seasoned property investors seeking to unlock funding opportunities and achieve their investment objectives.
To find out more about Kevin check out his website or follow him on Social Media:
LinkedIn: https://www.linkedin.com/in/kevin-mcdonnell-60ab7114/
Instagram: https://www.instagram.com/kevinmcdonnellproperty/?hl=en
Buy his book: "No Money Down"
JOIN THE NETWORK If you want to learn more about investing in Commercial Property, why not consider joining the CPI Network? We're a community of active investors who collaborate, share experiences, and empower each other in our Commercial Property endeavours.
Useful Links:
CPI Website - https://commercialpropertyinvestor.co.uk/
Our Sponsors - https://commercialpropertyinvestor.co.uk/podcast-sponsors/
LinkedIn: https://www.linkedin.com/in/jerryalexander/
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