Expert in private lending and leveraging private money for real estate investments, Jay Conner, shares actionable strategies and insider knowledge on using private funds instead of traditional banking. Learn about private lending program, structuring private lender deals, financing options, and the importance of having cash in real estate transactions. Discover how private lending can transform your approach to real estate investing and check out Jay's book, 'Where to Get the Money Now,' for more insights.
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insights INSIGHT
Private Lenders Are Individuals
Private money lenders aren't affected by credit scores like banks; they're individuals lending their own funds.
Investors act as lenders offering their money, shifting the power from borrower to lender.
volunteer_activism ADVICE
Teach Before You Pitch
Teach people about private money lending before you need funds to avoid seeming desperate.
Focus on educating about earning high returns safely instead of pitching deals directly.
volunteer_activism ADVICE
Borrow Secured Funds Only
Borrow secured funds with a mortgage or deed of trust to protect private lenders.
Typically borrow up to 75% of after-repaired value, not purchase price, ensuring equity cushion.
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We're really grateful to Jay Conner for taking the time to share his deep insights and experiences in private lending with us. His expertise is invaluable, and it's always awesome to learn from someone who is an expert in the field.
Explore the details of using private funds instead of traditional banking, especially in the profitable realm of short-term rentals. This episode is a goldmine for real estate investors seeking actionable strategies and insider knowledge on leveraging private money to amplify their investment portfolio. Don't miss out on Jay's compelling journey through the 2009 financial crisis and discover how private lending can transform your approach to real estate investing.
In this episode, you’ll learn:
Private Lending
Financial Growth
Private Lending Program
Getting Started in Real Estate
Structuring Private Lender Deals
Financing Options
Using Private Money in Real Estate
Importance of Having Cash in Real Estate Transactions
As we wrap up this enlightening episode of the Short Term Rental Riches Podcast, we extend our heartfelt thanks to Jay Conner for sharing his wealth of knowledge and experience in private lending. His insights not only illuminate a path to success in real estate investing but also inspire a mindset shift towards innovative financing strategies. For those eager to delve deeper into the world of private lending, Jay's book, "Where to Get the Money Now," is an invaluable resource. Additionally, his podcast, "Raising Private Money with Jay Conner," offers ongoing education and inspiration. Thank you for joining us on this journey of discovery and empowerment in the realm of short-term rental investing. Stay tuned for more episodes where we continue to unlock the secrets to achieving rental riches!
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Short Term Rental Riches