EP761: How to Raise Private Money Without Asking for It
Manage episode 437645371 series 3561864
Jay Conner returns to share his proven blueprint for effortlessly attracting private money without the dreaded "ask." Discover how to shift your mindset and leverage relationships to build a steady stream of private lenders. Learn practical strategies to streamline the process, avoid common pitfalls, and unlock the full potential of private money to supercharge your real estate investments.
KEY TAKEAWAYS
The right mindset a real estate investor must have to raise private money successfully
How to properly approach potential lenders for a deal to fund
An essential component in building relationships with private lenders
Steps for initiating conversations about private money
Why you should simplify the process of raising money for your funds
RESOURCES/LINKS MENTIONED
Unlock the secrets to raising private money for your real estate deals in 7 days. Whether you're new to investing or looking to scale, this challenge has you covered. Start now at https://www.jayconner.com/7-day-challenge/!
TWEETABLES
"It's hard to own real estate without first owning the real estate between your ears." - Jay Conner
"Desperation has got a smell to it, and it's not a good smell." - Jay Conner
"When you separate conversations about private money and specific deals, it takes all the pressure off." - Jay Conner
"Private lenders are not investing in your deals. These private lenders are investing in you. - Jay Conner
ABOUT JAY CONNER
Jay Conner, a nationally renowned real estate investor, faced frustrations in his initial investments due to large down payments, high origination fees, and restrictive rules imposed by banks. The situation worsened when his bank suddenly cut off his funding during a market downturn. This prompted Jay to explore alternative investment strategies like buying properties "Subject-To", using options, and buying with "Lease/Options.”
Still needing a reliable funding source, Jay designed a unique system combining the best aspects of his research. With this system, he was able to secure $250,000 from his first prospect, followed by $2,150,000 in private funding within a few months. This system, dubbed "Where To Get The Money Now," revolutionized his investment career and helped him realize massive profits annually, despite living in a small city.
CONNECT WITH JAY
Website: Jay Conner
LinkedIn: Jay Conner
Facebook: Jay Conner - The Private Money Authority
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762 episodes