Even though I know better but once in a while I still fall victim to it.

For a real estate investor, One is a dangerous number.

One way to attract foreclosure leads.
One investor to fund your deals.
One hard money lender to finance deals.
One realtor for bank owned properties.
One way to sell your homes.

Way too dangerous! Three days ago, I was taking incoming calls for Call In Consulting days and one after another (this is a new group, just starting) and it was the same story: I did this one thing and it is not working out.

The tone vaired but the message was the same:
I went to this ONE hard money lender and they wont do the deal.
I send this ONE postcard out and it is not working.
I saw THIS one house that i am in love with and the owner are not interested in doing a deal.
I called this ONE realtor but he will not return my calls.

I mean are we talking a pattern here or what??

And belive me, I understand why everybody wants ONE way of doing things. Hell, it is easy!

I have a deal going on right now - with another investor/deal split and I slipped - send the deal to one hard money lender, turns out she is a nut case and now the deal is in limbo.

I had to call another group of investors to finance the deal and paid a little bit extra for the headache. Stress for no reason.

Good deal - cannot afford to lose it - around $20,000 net for 90 days of work, split in the middle. Not a bad payday.

But I could have lost this payday if I was not careful. I should have anticipated the drama and send the deal to two banks instead of one and this would have never happened.

And it never will. Ever again. The Lesson is learned.