Some of you may have read about how I flip cars for extra money. This past week, I had run across a good price on a 1996 Range Rover. I made an offer that was accepted ($5800 and I could turn around and sell it for $7500).
There were two catches: the vehicle was 3 hours away, and I didn't actually have that cash on hand.
So I made three calls to people who have offered to loan money to buy vehicles. Unfortunately, I was not able to move fast enough to get the Range (he sold it to someone else for $6000). That's okay, because there are deals every week.
If you can learn to spot deals that make money, and have a track record and trustworthiness, you will be able to find the money you need to make it happen. Find out how to utilize other people's money to make money starting with small deals and then build up to large deals.
"Our greatest lack is not money for any undertaking, but rather ideas. If the ideas are good, cash will somehow flow to where it is needed."
Comments (1)
Nice Blog. I will be a reader.
I like the attitude.
Posted by Keith Cash | September 25, 2006 8:43 AM
Posted on September 25, 2006 08:43