10 Reasons to Use Private Money instead of Hard Money
Channel: Raising Private Money For Real Estate - Jay Conner
Date: 14/12/2018

[Podcast #87] 10 Reasons to Use Private Money instead of Hard Money

Real Estate Cashflow Conference
http://bit.ly/jaymoneypodcast

Jay and Chaffee talk about the importance of Private Money.Jay talks about the different categories of Private Lenders.

1) The interest rate is a lot better for Private Money.
2) Origination fee or Points, 
3) Extension Fees
4) Length of the note
5) Downpayment, Cash out and Equity vs Cash 
6) Multiple checks on all transactions
7) No credit check
8) Verification of income
9) Number of simultaneous deals
10) Loan position

Bonus reason!
11) You make the rules

Private lenders can be anywhere.

Real Estate Cashflow Conference

http://bit.ly/jaymoneypodcast

Listen to our Podcast on iTunes: https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034?mt=2

Google Play:
https://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47y

Jay Conner has been investing in Real Estate for over 15 years. He typically makes 2 deals a month. He has bought and sold over 400 homes.

He had an 800 credit score and the bank closed his LOC. He needed to find a new source of funding. In the past eight years, Jay has never missed a deal because of funding.

He has developed a strong network of Private Money suppliers. 

Chaffee-Thanh Nguyen started investing in Real Estate a decade ago. He dramatically changes and impacts the lives of thousands of people around the world as an Executive Success and Event coach with the likes of Powerteam International and Marshall Sylver’s Mind Power Inc. Chaffee also teaches at his own events.

http://www.keyconceptcoaching.com/

The Conner Marketing Group
PO Box 1276 Morehead City, 
North Carolina 28557
Phone: 252-808-2927
Fax: 252-240-2504

Free Webinar: How To Sell Any Home In 3 Days Or Less
No Matter How Crowded Your Market Is!
http://bit.ly/jaymoneypodcast

WEALTH & FREEDOM FORECLOSURE SYSTEM
HOW TO FIND, TRACK AND PROFIT FROM FORECLOSURES
http://www.jayconner.com/products/foreclosure-system/

What others are saying:
“Jay’s private lending scripts alone are worth the price of his entire system, and are the best I’ve ever heard … including mine!” – Ron LeGrand, Famous Real Estate Guru, Jacksonville, FL

“You will not believe this, but it is absolutely the truth … 3 days after attending Jay’s seminar Where to get the Money Now, I was doing a call on one of my customers. He was telling me about how he had just sold his home and I ask him if he had ever considered real-estate investing. After hearing the information that I shared out of Jay’s seminar, he is now in contact with my attorney to discuss his investment!“
– Donald A. Hovey, Norfolk, MA

Producer: Scott Paton
https://www.udemy.com/powerpodcasters/?couponCode=PP10

https://youtu.be/7ddJygwjH8E

Visit our Channel:
https://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6w

Playlists:
https://www.youtube.com/watch?v=T6sHj3R5FuI&list=PLTMERXRi9cnVPmCzyV_Xtpk654WbVi5Ln
https://www.youtube.com/watch?v=yTWMsHNFSPs&list=PLTMERXRi9cnVTWhmcE4SuEBjpultnpGqe
https://www.youtube.com/watch?v=yTWMsHNFSPs&list=PLTMERXRi9cnUof2dyBiu4BMA8fjhsmgQI
https://www.youtube.com/watch?v=yTWMsHNFSPs&list=PLTMERXRi9cnXivabzJE13CFYu9O6aCpBN

https://youtu.be/GNHc-wWLUS0

* Occasionally we have affiliate links in our description.

DISCLAIMER: Jay Conner is not a financial advisor, real estate broker, licensed mortgage broker, certified financial planner, licensed attorney nor a certified public accountant, therefore consult with a professional prior to making any real estate investing.