Private Money Academy - Real Estate Investing With Jay Conner
Real Estate Investing Show for Professional Investors
Lance Day on Beginning a Real Estate Business With Private Money Part Two
Jay Conner
Nov 21 2019
Lance Day on Beginning a Real Estate Business With Private Money Part Two
Watch on YouTube: https://youtu.be/5ukEhLw--LU
Lance raised $100K in Private money in 36 days after taking Jay's training. His attourney gave him the money.
Since then he has raised over 430K from his Private lenders in 90 days.
Lance looked at wholesaling, but with the PM he was able to stay in the deal.
How did you find the deal? He was out driving and saw a house that needed work. Sent a postcard and on th ethird time, the owner reached out to Lance.
There was a tenent, who left at the end of the month.
He used the Deal Machine App to find his first house.
The house sold to Lance for $90,000.
Resale price: Sold on Rent-to-Own - $10K fee, plus $5K in 60 days. 5 year term.
Monthly: $835 monthly to the PM Lender. Renting for $1100 a month.
If he wholesaled the house, he would make $10-12K wholesale fee.
Lance fired his employer and now is FT in real estate.
At Unbroken Realty, LLC, we are a multi-service company who BUYS, REPAIRS, MANAGES, and SELLS HOMES while focusing on providing you with Fast, Friendly, and Flexible service.
Real Estate Cashflow Conference: https://www.jayconner.com/learnrealestate/
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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 $64,000 per deal.
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