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🎙️ Episode #356 – Out of cash, but you found an amazing real estate deal? Learn the nitty-gritty about leveraging hard money lenders while understanding the challenging risks. Coach and Justin present a step-by-step approach to ensure you never miss out on a great investment!

▶️ Next Episode: How to Calculate Internal Rate of Return (IRR)

https://www.coachcarson.com/irr/

📄 Show Notes:

https://www.coachcarson.com/hardmoneylenders/

🎬 Timestamps:

0:00 - Ins and outs of hard money lending

1:04 - Finding the perfect deal but having no money

3:22 - Locking up a good deal FIRST

5:41 - What is hard money?

11:44 - "4 C's" of hard money lending

18:10 - Logistics of hard money loans

21:06 - Challenges of hard money

31:54 - Private money vs. hard money lender

39:06 - Tips to the run the "money lender marathon"

43:32 - Start out with a short-term loan

48:52 - Credit Partnerships

57:04 - How to use Internal Rate of Return (IRR)

🔗 Connect with Justin: 

• FREE closing checklist for borrowers and lenders: https://www.lenderscollective.com/resources/

• Facebook: https://www.facebook.com/profile.php?id=100045631728890

• LinkedIn: https://www.linkedin.com/in/justin-foster-3a7b3014/

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💰 DealMachine – Software to help you buy more real estate deals:  https://www.coachcarson.com/dealmachine