Finding Private Money Lenders Today

Hey there! A great question came into my Deal Maker hotline that I want to share in this here article.

“What are some of the better ways to find private money lenders?”

First, money lenders are all around you. 

But!

There is a little bit of competition that we haven’t had for a long time — I’m talking for about 2 decades, with interest rates at or hovering around zero for as long as they did. There was no good way to get any yield without exposing oneself to greater risk than, say, a money market account or short-term Treasuries. 



Continue Reading...

Can “Short Title” Problems Kill Your Deal?

I got a question into my hotline recently, and I’d like to share the details with you, here in my blog.

The caller asked:

“What’s your advice on the easiest way to get a property under contract? I have a ‘ready’ buyer who’s pre-approved but has been having trouble getting a property under contract.”

Ok, let’s iron out a few details first…

First, I’m assuming the “ready” buyer who’s pre-approved is a retail buyer.

Why?

Because the client used the term pre-approved, which means the buyer is engaged with a lender — presumably, a conventional lender, and they’re looking to

Continue Reading...

The “Rule of Seven” & How To Use It To Maximize Your Real Estate Investor Marketing

Struggling with lackluster results?

Are your marketing campaigns under performing?

Then…you’re going to love today’s training video. Josh Brown our Chief Marketing Officer is going to break down the “Rule of Seven” and how you can apply it to any area of your business and start seeing better results.

Enjoy and let us know below how you plan to implement the “Rule of

Continue Reading...

Property’s Under Contract — Can the Seller Still Take a Higher Offer?

Hey there, Cam Dunlap here with a question I got recently on my coaching hotline… a caller asked:

“When a property house is under contract with a seller, is it possible that the seller could sign another contract with someone else who maybe makes a higher offer? And, do you register your contract with the title company or how do you prevent yourself from that scenario?”

Well, the answer is: Yes, they could do that, but(!) yours predates it and, therefore, technically nullifies that second one. 

So, when you have the property under contract, you have it under control. Now

Continue Reading...