Raising Private Money with Jay Conner

How I Turned a Credit Crisis Into a $2M Private Money Empire in Just 90 Days


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Are you ready to unlock the keys to real estate success? Today,  Jay Conner, The Private Money Authority joins Jake Wiley on The Limited Partner Podcast and is here to help you transform the way you think about property investment. 

Jay Conner's story begins with a crisis that became a catalyst for change. After unexpectedly losing his line of credit, Jay was propelled into the world of Private Money and private lending. His response was remarkable; he raised over $2 million within 90 days, pivoting from conventional banking to building a network of private investors. This turn of events not only salvaged his immediate transactions but also tripled his business by tapping into the surge of foreclosures that marked the period.


Adapting to Market Shifts

Jake Wiley and Jay Conner delve into the importance of flexibility in the face of market fluctuations. They've seen the financial landscape oscillate between periods of abundant financing and its stark absence. Their experiences underscore the need to adapt swiftly to shifting circumstances, whether it's by seeking alternative funding sources or embracing new investment opportunities that arise in times of upheaval.


Private Money: A Double-Edged Sword

While Private Money became the vehicle for growth for Jake and Jay, they discuss its intricacies with caution. They highlight the relationships with private investors, emphasizing the necessity for clear communication and robust legal protections to safeguard all parties involved. Establishing conservative loan-to-value ratios is part of their conservative approach, providing some security against unpredictable markets.


The Role of Education

Throughout the episode, the importance of educating potential investors is evident. Jay Conner in particular evangelizes spreading awareness about self-directed IRAs and the concept of private lending. By equipping people with knowledge on how to invest their retirement funds into real estate securely, he has expanded his investment potential while providing valuable returns to his lenders.


Preparing for the Future

As the world once again enters a period of economic uncertainty, both hosts share insights on protective measures and smart investing tactics. They address the complexity of different real estate investments, from single-family homes to commercial properties, and the varying degrees of risk and management they entail.


Conclusion: Empowering Investment Decisions

In a world where economic tides can turn overnight, the episode focuses on the resilience of strategic, well-informed real estate investing. Wiley's invitation to the audience to contribute and learn from their shared knowledge extends the opportunity for growth and success to anyone willing to adapt, learn, and invest wisely.


Real Estate Investment Safety: 

"If you are a real estate investor, borrowing the funds, always give the private lender a mortgage or deed of trust, that mortgage or deed of trust will protect them. That's the only legal recourse that they've got when they've been investing." - Jay Conner

10 Lessons Covered on This Episode:

1. "Credit Crisis": Even with a strong credit score, lenders can revoke credit lines without notice, triggering a need for alternative funding.

2. "Private Lending": Introduction to private money lending as a powerful alternative to traditional bank loans for real estate deals.

3. "Quick Capital": Successfully raising over $2 million in private funds within 90 days showcases the potential of private lending networks.

4. "Investor Care": Diligence in handling investor money is crucial for trust and success in real estate investing.

5. "Leverage Time": Utilize the expertise and time of

...more
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Raising Private Money with Jay ConnerBy Jay Conner

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