How can private money transform your real estate investments and offer solutions to seemingly insurmountable financial challenges?

 

In this insightful episode, Angel Williams and Jay Conner delve into the nuanced world of private money in real estate. They discuss its potential as a game-changer for investors, especially those facing liquidity problems. The episode covers practical strategies for leveraging private funding, the importance of securing investments and navigating financial hurdles. Their conversation is peppered with real-life examples, offering a comprehensive guide for both novice and experienced real estate investors.

 

Jay Conner, an accomplished real estate investor since 2003, has impressively rehabbed over 475 houses in a small community, averaging $78,000 profit per deal, totaling over $118 Million in transactions. Having automated his seven-figure annual business to require less than 10 hours of work weekly, Jay's expertise extends to teaching others about raising private money without direct solicitation. Notably, he raised over $2 million in private funds in just 90 days during the 2009 financial crisis. Jay, a national speaker and two-time bestselling author, is also a commercial developer and former president of Business Networking International. He resides in Morehead City, NC, with his wife, Carol Joy.

[00:00 - 02:00] The Mechanics of Private Money Loans

• Private loans are secured and involve minimal documentation.

• Importance of using a real estate attorney for closing.

• Private lenders offer mortgages or deeds of trust.

 

[02:00 - 04:00] Leveraging Equity for Cash Flow

• Private money can be used in a second position for equity extraction.

• This strategy can solve liquidity issues.

• Ensures protection for the private lender.

 

[04:00 - 06:00] Breaking Down a Duplex Deal

 

• Discussion on the financial structuring of a duplex purchase.

• The importance of equity cushion for private lenders.

• Real-world example of leveraging property value.

 

[06:00 - 08:00] Strategic Refinancing with Private Money

 

• Refinancing as a method to free up cash.

• Balancing loan-to-value ratios.

• Benefits of private money over institutional funding.

 

[08:00 - 10:00] Scaling Your Real Estate Portfolio

 

• Using private money to expand investment opportunities.

• The advantage of private money in different scale projects.

• Assessing risk and securing investments in smaller deals.

 

Quotes:

 

"On paper, it's like we should be in the highest tax bracket. But we're not." - Angel Williams: 

"In this world of private money, there is no wall." Jay Conner: 

 

Connect with Jay:

Website: www.JayConner.com

LinkedIn: www.linkedin.com/company/jay-conner-private-money-authority-real-estate-investing/

Facebook: https://www.facebook.com/jay.conner.marketing

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