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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!
📄 Show Notes:
▶️ Next Video: How to Calculate Internal Rate of Return (IRR)
🎬 Topics Covered: 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 18:03 - Logistics of hard money loans 20:59 - Challenges of hard money 31:47 - Private money vs hard money lender 38:52 - Tips to the run the "money lender marathon" 43:18 - Start out with a short-term loan 48:38 - Credit Partnerships 56:50 - How to use Internal Rate of Return (IRR)
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Footage & Photo Credits: Pexels | Pixabay
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By: Coach Carson Title: How to Get Easy Loans for Fixer Properties in 2024 (Hard Money EXPLAINED) Sourced From: www.youtube.com/watch?v=gIEWFQ2xaUU