Category: Uncategorized

Finding Private Money Lenders Today

Posted on by Cam Dunlap

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

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Can “Short Title” Problems Kill Your Deal?

Posted on by Cam Dunlap

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,

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

Posted on by Cam Dunlap

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

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