As Private Money Consultant, Scott and his team help real estate investors secure funding for their non-owner occupied investment properties all over the USA. They have private money lenders that will fund deals fast and with lowest rates and fees.Scott transitioned in the private money from wholesaling business. So his knowledge is wide and deep. He shared with us a lot of great strategies for financing deals and I am sure that many new investors will benefit hugely from this episode.

USA Private Money – www.usaprivatemoney.com

480 372 8081

 

Show Notes:

00:00 – 02:20 Introduction

02:20 – 06:37 Hard money loan process

• Fast money vs. Smart money

06:37 – 13:14 Qualification for the loan

• Private Money Consultant
• Front fee
• Transaction Coordinator
• Closing Coordinator

13:14 – 17:20 Example of $ 100 000 loan

17:20 – 20:30 Appraisal

20:30 – 23:22 Inspection process

23:22 – 29:26 Financing low-price properties  

• Mobile homes, Condos, Single Family, etc.

29:26 – 31:15 Owner financing strategy

31:15 – 34:10 Private Money 360

34:10 – 36:31 Retirement accounts

36:31 – 39:02 Long term rental loans

39:02 – 41:31 Refinancing

41:31 – 51:17 Credit lines

51:17 – 53:17 How important is income and credit score?

53:17 – 55:36 Checkups

55:36 – 62:05 Contact information