How a Frustrated Real Estate Investor Raised $300,000 of Private Money in 17 Months

On this episode of Private Money Academy, we have Chip Cross. Like Jay, Chip used to take out loans from his local bank to finance his real estate deals. He was subject to the banker’s rules and demands like every borrower–that is until he learned about Private Money.

With Private Money, Chip now sets the terms, the rates, and the frequency of payments regarding his loans. He has since become an even more successful real estate investor, here today to share his story of how he has raised millions of dollars in Private Money.

Key Takeaways:

• Earning the trust of and protecting your private lenders.
• The power of cash versus traditional bank lending.
• How private money benefits your real estate business.
• Mobile homes and private money.
• How teaching people about private money helps you raise private money.
• The minimum amount to accept from a private lender.
• Improving your networking efforts gives you more opportunities to raise private money.

Check out my book: 7 Reasons Why Private Money Will Skyrocket Your Real Estate Business and Help You Build Incredible Wealth!

Get it here for FREE: www.jayconner.com/moneyguide

Connect with Chip:

Tel #: 828-317-9522

Email: Chip.Cross@yahoo.com