Wendy Sweet on Money Lending to Real Estate Investors Part One

Jay Conner

May 06 2019

Wendy ended up with $23 million in lending. She then started a fund to leverage her expertise.

If you have a deal ready to go, you can make it work when you know the financing is looked after.

Wendy and Jay share a story about how she tithes Wednesdays. She spends Wednesday 10am to 3pm to talk, mentor and consult with people for free. Most people, real estate brokers, investors just want to get another perspective. She is booked solid for the next months.

Why are you doing what you are doing? Until you answer this question, you will be running around with your hair on fire and not feeling fulfilled.

Being of service is so important for success.

Wendy lends throughout the south-eastern states, mostly single houses and multi-use commercial or residential buildings. They look at each deal individually.

She accepts funds from accredited investors to invest in her fund. They look at 7-9% returns in the fund. $5 million net worth or higher.

Wendy's best advice for new investors who have not doen a deal yet:

Get plugged into your local REI meetup groups. Great education cheaply. Get to see all the different types of RE out there.

You reap what you sow. The reaping is exponential when you sow with no strings attached.

Recommended Books:

Solomon, the Richest Man Who Ever Lived

The Go Giver

The common question she gets: How to find contentment.

Her answer: You have to live today like you are already there. Enjoy the journey.

Jay: Go help someone who can not repay you or do something for you in exchange. There lies massive Joy.

Wendy Sweet has been lending money to investors since 2001 as both a conventional lender and Hard Money lender. In 2008, she along with countless others tossed conventional lending to the trash pile. She dug in by growing her Hard Money Company offering funds to the investors who were able to navigate the changing world of real estate. She and her partner who is also her brother, Bill Fairman have been successfully lending money primarily in North and South Carolina to investors, rehabbers and builders. Currently they lend to commercial investors for multi-family. multi-tenanted projects in key areas of the US. They now manage a real estate fund for accredited investors in addition to brokering loans for those with money to invest.

Wendy is also a 35 year licensed real estate broker in both Carolinas. She combines her selling knowledge with her long time lending expertise in order to provide top-notch service to her borrowers and investor lenders. Their goal is to guide and assist like-minded people to build their wealth through a proven lending while providing strong returns for real estate investors.

Wendy can be found at http://carolinahardmoney.com/our-team/

Register for the Real Estate Cashflow Conference:

http://bit.ly/jaymoneypodcast

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.

What is Real Estate Investing? Live Cashflow Conference

https://youtu.be/QyeBbDOF4wo

The Conner Marketing Group Inc.
P.O. Box 1276, Morehead City, NC USA 28557

P 252-808-2927
F 252-240-2504

Channel

https://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6w

https://www.youtube.com/c/RealEstateInvestingWithJayConner

RSS Feed

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

Watch on ROKU:

https://my.roku.com/add/realestateinvesting

Watch on Amazon Prime:

https://www.amazon.com/How-Locate-Real-Estate-Deals/dp/B07M9WNZR6/ref=sr_1_3