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Imagine never having to beg a bank for funding again. What if you could consistently secure real estate deals with private lenders without ever asking for money? That's exactly what Jay Conner has mastered, and he shares his revolutionary approach in this eye-opening episode.
Jay reveals how he's built a portfolio of 47 private lenders providing $8.5 million in capital for his real estate business, all while maintaining the same 8% interest rate since 2009. Operating in a small market of just 50,000 people, he achieves average profits of $86,000 per deal by being "a big fish in a small pond" – a strategy perfectly suited for Wisconsin's many smaller markets.
The conversation illuminates the critical distinction between private money and hard money lending, with Jay emphasizing that true private money involves direct relationships with individual lenders using personal investment capital or retirement funds. This approach eliminates fees and middlemen while giving investors unprecedented control: "We get to make the rules. You as the borrower are already approved. There's no applications, no credit score checks, and you are your own underwriter."
Perhaps most valuable is Jay's psychological framework for approaching potential lenders. By separating conversations about the lending program from specific deal funding requests, investors avoid projecting desperation. His "teacher hat" approach educates lenders about opportunities rather than asking for anything, culminating in his "good news phone call" script that elegantly puts money to work without ever making a pitch.
The episode also explores how self-directed IRAs create win-win scenarios, allowing lenders to grow retirement funds at stable 8% returns that are tax-advantaged while giving investors access to capital. As one of Jay's lenders wrote in a thank-you note before passing away: "You changed our retirement years."
Ready to transform your real estate funding approach? Grab Jay's book "Where to Get the Money Now" for free (just cover shipping) at jayconner.com/book and start building your own private money network.
Send us a text
Imagine never having to beg a bank for funding again. What if you could consistently secure real estate deals with private lenders without ever asking for money? That's exactly what Jay Conner has mastered, and he shares his revolutionary approach in this eye-opening episode.
Jay reveals how he's built a portfolio of 47 private lenders providing $8.5 million in capital for his real estate business, all while maintaining the same 8% interest rate since 2009. Operating in a small market of just 50,000 people, he achieves average profits of $86,000 per deal by being "a big fish in a small pond" – a strategy perfectly suited for Wisconsin's many smaller markets.
The conversation illuminates the critical distinction between private money and hard money lending, with Jay emphasizing that true private money involves direct relationships with individual lenders using personal investment capital or retirement funds. This approach eliminates fees and middlemen while giving investors unprecedented control: "We get to make the rules. You as the borrower are already approved. There's no applications, no credit score checks, and you are your own underwriter."
Perhaps most valuable is Jay's psychological framework for approaching potential lenders. By separating conversations about the lending program from specific deal funding requests, investors avoid projecting desperation. His "teacher hat" approach educates lenders about opportunities rather than asking for anything, culminating in his "good news phone call" script that elegantly puts money to work without ever making a pitch.
The episode also explores how self-directed IRAs create win-win scenarios, allowing lenders to grow retirement funds at stable 8% returns that are tax-advantaged while giving investors access to capital. As one of Jay's lenders wrote in a thank-you note before passing away: "You changed our retirement years."
Ready to transform your real estate funding approach? Grab Jay's book "Where to Get the Money Now" for free (just cover shipping) at jayconner.com/book and start building your own private money network.