Private Money: $300,000 in 3 Months
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The 4th session of the (Keep Reading to Find Out How You Too can Have The Same Success. Watch the short video at the end of this article.)
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Attendees to this APLS came from California, Utah, New Jersey, Texas, Georgia, Illinois, Connecticut, and Maryland.
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Their backgrounds and their experiences were:
- A business consultant and coach for small businesses in the South and Northeast,
- Beginning real estate investors,
- A long-time successful rehabber and contractor now taking advantage of the unbelievable prices of 2-flats to 6-flats in the city,
- A husband and wife team with 25 years property management experience and now beginning their own investments into multifamily properties, and
- Long time business partners in the rehabbing and flipping niche – now private lenders themselves as well.
Special to note here is that one attendee, Stefan Szlembarski from Illinois, joined the InvestorWealthNetwork.com three months before coming to the APLS and learned what he needed to take the first big step and landed a $300,000 investor for his business.
Stefan also took advantage of the InvestorWealthNetwork.com, ‘members only discount’, for the Advanced Private Lending Summit and joined us here in Atlanta to really turn the fire up under his new private money generating abilities.
(Watch this clip of the 1st day of the APLS where Stefan tells us about his successes just from the information he got from his InvestorWealthNetwork.com Membership, AND USED to raise $300,000.)
Funding for Short Sales, REO’s and other Flips
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With so many homes going into foreclosure, or already taken back by a lender, Real Estate Investors have the opportunity of a lifetime to make huge profits by negotiating
- 1) short sales with lenders who foreclosing on homes
- 2) big discounts on bank-owned inventory (REO’s)
and then reselling them to a new buyer at a higher price thus making a profit while still offering the new buyer a great discount.
In the past, these types of flips could be accomplished in a simultaneous closing such that the investor closes with the buyer, and simultaneously uses those funds to pay off the lender at the negotiated price and pocketing the difference as his profit.
Net net this is a nothing down transaction because the investor is using the buyer’s funds to pay the lender.
Unfortunately, this is no longer legal and will not be permitted by the lender, and closing attorneys will not do it. Read more
Nationwide Hard Money Lender – Learn How to Get the $
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The Mortgage Meltdown and the Credit Crisis have had a huge impact on Hard Money Lenders as well as institutional lenders. Many hard money lenders have been put out of business. Both the terms and qualifications to get a hard money loan have changed significantly. However, with every change comes huge opportunity. And if you know the new rules, you can still make enormous profits with rehabs, flips, REO’s, etc. |
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I have been searching out the best hard money deals. In addition I found a member of vanishing breed: the Hard Money Lender who will fund deals in all 50 states. There are very few of these lenders, and the Investor Wealth Network has made special arrangements for you to take advantage of this funding opportunity.
I have prepared a special video for you to explain how to take advantage of hard money in your business. I’ve also posted (below the video) a detailed list of the terms and qualification requirements to get the loan. Once you read them, just click the link (at the bottom of the list) that will take you straight to the Nationwide Hard Money Lender who can fund your deal!
-Richard Read more
Starter Kit for Repairing Your Credit (Premium)
Getting money from banks is the cheapest and easiest money you’re going to find. It’s cheap because rates are in the 5-7% range. It’s easy because there is no one to convince. Just fill out a form, and if you qualify you get the money!
Ok, I know “if you qualify” – there’s the rub. Banks have tightened their requirements, and the primary criteria for getting credit is still your credit score. And the truth is, having a high score opens the doors to $100,000′s or even $ Millions.
And it’ not just for getting real estate loans. You can build up $100,000′s in business lines of credit, equipment loans, and much more.
So, truly, an investment in boosting your credit score can be one of the highest yield investments you can make. Oh, a good credit repair program may be the only way of getting your lease-option tenants, or owner-financed buyers to cash you out. The trouble is who can one trust? The area of credit repair is full of scam artists and broken promises.
Imagine my surprise and delight when a good friend, real estate investor, and solid guy, Mark Garcia, told me he had cracked the code for repairing credit. What’s his credentials. Well, after his divorce several years ago, his credit was in the toilet – low 500′s. After study, research, and hard knocks, he figured out how to raise it back to the 850′s.
I’ve asked him to share his insights with the members of our Investor Wealth Network so you can learn how to do it yourself. He kindly agreed and I’m publishing his first installment here below.
Read more
Business Credit Cards—The Low Hanging Fruit-Part 1
Back in the “good old days”, banks were approving loans for anyone “who could fog a mirror.” Now the bar has been raised considerably. Gone are stated income & no-doc loans…or are they?
Learn how to get unsecured business credit. Richard reveals an overlooked opportunity in the credit market that you can use starting next week. It’s the low-hanging fruit and it’s ripe for the picking.
PART 1
Business Credit Cards—The Low Hanging Fruit-Part 2
Back in the “good old days”, banks were approving loans for anyone “who could fog a mirror.” Now the bar has been raised considerably. Gone are stated income & no-doc loans…or are they?
PART 2