Key Takeaways:
- Establish a relationship with a self-directed IRA.
- Why I recommend Quest as the company to work with.
- The 14 steps to Raising Private Money from lenders in self-directed IRAs.
- You don’t need to tell your private lender everything.
- Why you should have a prepared presentation for your private lenders.
Timestamps:
0:01 – Raising Private Money
1:14 – Fund Your Deals With Self-Directed IRA
2:52 – The 14-Step System Using The Private Money Lender’s Self-Directed IRA Account
3:46 – Step 1: Get A Rep at a Self-Directed Company
5:18 – Step 2: 3-Way Call: You, Your Rep, and Your Private Lender
6:47 – Step 3: Have Your Rep Do The Talking
7:13 – Step 4: Signature
8:11 – Step 5: Account Gets Funded
9:36 – Step 6: Find A Deal!
10:10 – Step 7: Call The Lender
11:49 – Step 8: Contact Your Attorney
13:32 – Step 9: What Your Attorney Should Send You
14:19 – Step 10: Send To Your IRA Representative
16:26 – Step 11: Your Self-Directed IRA Rep Sends The Direction Of Investment to Your Private Lender
16:56 – Step 12: The Private Lender Signs The DOI and returns it to your Rep
17:07 – Step 13: Your Rep Will Process The DOI
17:30 – Step 14: Close The Deal
19:15 – The Private Lender Has Only 3 Things To Do
20:11 – Answered Questions
23:54 – Jay’s Free Money Guide: https://www.JayConner.com/MoneyGuide
Private Money Academy Conference:
Free Report:
https://www.jayconner.com/MoneyReport
Join the Private Money Academy:
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Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at
https://www.JayConner.com/Book
What is Private Money? Real Estate Investing with Jay Conner
https://www.JayConner.com/MoneyPodcast
Jay Conner is a proven real estate investment leader. He maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal without using his own money or credit.
What is Real Estate Investing? Live Private Money Academy Conference
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