Demystifying Private Money: What It Is and Why You Need It
Demystifying Private Money: What It Is and Why You Need It
In today’s episode of Raising Private Money With Jay Conner, we will be diving deep into the topic of Private Money and how it can be a game changer for your real estate endeavors!
Jay Conner shares valuable insights on the power of private money and how it can transform your investing career. Here are some key takeaways:
Private money allows you to make the rules on every deal, giving you control over interest rates, note lengths, and maximum loan-to-value ratios. Unlike traditional banks and institutions, you set the terms.
With private money, you don't need to use your own funds for closing. This means you can bring home a large check when purchasing a property, and even receive another check upon selling it.
Private money lenders do not perform credit checks or income verification, making it accessible to individuals with all credit scores. Say goodbye to the limitations of traditional loans!
There are no monthly payments with private money, making it a great solution for fixing cash flow issues. Unlike hard money lenders, there's no rush to pay back the borrowed funds.
Private money can be a game changer for both seasoned investors and newcomers alike. Even if you've never done a real estate deal before, private money can help jumpstart your investing career.
Jay Conner has been using private money since 2009 and hasn't missed out on a deal since then. He does two to three real estate deals per month, with an average profit of $78,000 per deal, all thanks to private money.
Don't let fear hold you back. Your real estate dreams can come true, and private money is the key to unlocking your success!
Remember, in the world of private money, you are in control of the rules. Let's demystify private money together and unlock your real estate success!
Timestamps:
00:44 - Private money: the game changer for real estate.
04:09 - 87% of for sale by owners require cash.
09:08 - Promoting private lending program with high returns.
12:02 - Jay’s Free Private Money Guide: https://www.JayConner.com/MoneyGuide
13:41 - Private money changed our real estate dreams.
*** Download Your FREE Money Guide NOW!***
👉🏼 https://www.jayconner.com/7-reasons-report-youtube/ 👈🏼
Join The Private Money Academy! First month on us!
https://jay-conner.mykajabi.com/offers/AMM4hCPW/checkout
Private Money Academy Conference:
https://www.JaysLiveEvent.com
Free Report:
https://www.jayconner.com/MoneyReport
Join the Private Money Academy:
https://www.JayConner.com/trial/
Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book
What is Private Money? Real Estate Investing with Jay Conner
http://www.JayConner.com/MoneyPodcast
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
#RealEstate #PrivateMoney #FlipYourHouse #RealEstateInvestor
YouTube Channel
https://www.youtube.com/c/RealEstateInvestingWithJayConner
Apple Podcasts:
https://podcasts.apple.com/us/podcast/private-money-academy-real-estate-investing-with-jay/id1377723034
https://www.facebook.com/jay.conner.marketing
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