Private Money Academy - Real Estate Investing With Jay Conner
Real Estate Investing Show for Professional Investors
10 Reasons to Use Private Money instead of Hard Money
Jay Conner
Dec 14 2018
[Podcast #87] 10 Reasons to Use Private Money instead of Hard Money
Real Estate Cashflow Conference
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.
About
About Jay Conner
Channel
https://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6w
https://www.youtube.com/c/RealEstateInvestingWithJayConner
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http://realestateinvestingdeals.mypodcastworld.com/rss2.xml
Google Play
https://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47y
iTunes:
https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034
Real estate investing with the pros
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