How Can You Use Other People's Money to Fund Your Real Estate Investments?

2 years ago
4

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Success in real estate investing ultimately comes from timing, consistency, and resourcefulness. Whether you’re using other people’s money or your own money for your deals, there is a way for you to create massive wealth, just like Gervon did.

Watch this video to better understand why access to private money is important and how you can take advantage of VA loans if it is available to you!

Key Talking Points of the Episode

[00:00] Introduction
[00:20] How do you use other people’s money to fund your deals?
[01:20] Why should you learn how to use other people’s money?
[02:00] Free Book: 7 Reasons Why Private Money Will Skyrocket Your Real Estate Business
[03:05] Why are timing and consistency important to success?
[04:55] How can you take advantage of primary residence loans?

Quotables

“I’m pretty well-established with my private money lender and it took some time to get to that point. I went through a lot of hard money loan companies.”

“Long story short, I just built up a great reputation and honestly got lucky and stumbled upon a great private money lending company that works almost strictly with veterans.”

“I relied on banks and institutions and then in 2009, like all the other real estate investors in the nation, I lost all my lines of credit so I knew I had to find a better and quicker way to fund my deals.”

“It’s really just perfect timing, it’s God’s timing. It’s not necessarily that I did anything great other than I just stayed the course.”

“If it would’ve taken me until I was 30, maybe 35, for me doing the same thing, I wouldn’t have done anything differently.”

“It’s the third year since I bought my first house in Tacoma in 2019 and so, I’m gonna buy another house here in a few months, just with my VA loan.”

“For the most part, using primary residence mortgages to purchase a property, live in it for about 12 months - sometimes less, sometimes more, and then turning that into a rental property and moving onto the next, that’s the easiest and best way to build a portfolio that almost nobody does.”

“Every single person I’ve taught to do that multiplied their net worth by hundreds of thousands of dollars because they were able to do it so they have passive income.”

Links

Book: 7 Reasons Why Private Money Will Skyrocket Your Real Estate Business and Help You Build Incredible Wealth
https://www.jayconner.com/MoneyGuide

Private Money Academy Conference: https://www.jayconner.com/learnrealestate/

Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book

Free Webinar: 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.

#RealEstate #PrivateMoney #FlipYourHouse #RealEstateInvestor

What is Real Estate Investing? Live Private Money Academy Conference
https://youtu.be/QyeBbDOF4wo

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

iTunes:
https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034

#RealEstateInvesting #RealEstate #RealEstateForBeginners #PrivateMoney #FlippingHouses #Probate #AntFarm #JayConner

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