Real Estate Investing Show for Professional Investors
Questions from Real Estate investing Beginners - Part One
Mar 15 2019
Jay Conner and Chaffee Nugyen share some of the questions from their latest real estate conference: http://bit.ly/jaymoneypodcast
How do you get private money when you don't have credentials when starting this business. How much do private lenders care about experience?
What is your elevator Pitch at BNI?
## What do you do with the private lender's funds while you're looking for a deal?
## Are there any issues with Paying referral fees to people who refer private lenders
Do you refer your lease options buyers to a particular loan broker or brokerage or do they typically choose their own loan broker or brokerage
## To get the money wired, do you need to get the attorney in touch with the lender?
If you buy a home on Terms and it needs rehab, can you get a Private Lender for the Rehab
Do you charge market rent or a higher rent to your rent-to-own buyers
If it's a higher rent, does the difference in rent apply towards the price of the home
## Who pays the transaction fees from borrowing Private Money From a Private Lender's IRA?
How do you address Senior Citizens Concerns that they may die before they get paid out from their loan?
What's the average age of your private lenders?
How is the private lender protected if the Real Estate Investor Dies?
If you sold a home using your rent to own process during the peak of the market, what are your options if there is a correction in the market and your property begins to depreciate?
If you are behind on Payments do you offer a Deed in Lieu of Foreclosure
Do County Court Houses put Memorandums of Options online
What accounting system do you use? (Quickbooks)
How do I find a homeowner of a vacant home if I get a Return Sender mailing
How do you decide which Self-Directed IRA company to use?
What's your morning routine like? Reading news, etc. What's your reading list now?
What are the benefits of being a Private Lender
When a Private Lender loans money, is it deal specific, or are they investing in a program or pool of funds?
Do you use a quit Claim deed to transfer property with your foreclosures?
Are you able to buy foreclosures directly from the bank?
Do you use private money when you're buying a house subject-to the existing note?
Can you use private money when you're buying a home with seller financing?
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P.O. Box 1276, Morehead City, NC USA 28557
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