Key Takeaways:
- The significant benefits of private money lending over traditional lending
- Private money puts you more in control of your business
- Why use private lenders instead of your own cash
- The Money Partner Formula
- When dealing with private money, put the money first before your need.
- Most of the money you’re going to attract and raise is going to come over time.
- The importance of mindset when attracting money
- Set realistic expectations for your private lenders
- Build a relationship with your private lenders beyond just asking for money
- Having your lenders sign “an expression of interest” as an unofficial yet concrete document of a deal
Timestamps:
0:01 – Raising Private Money with Jay Conner
0:48 – Today’s Guest: Dave Dubeau
3:06 – How Dave Dubeau Got Started In Using Private Money
4:38 – Private Money vs. Hard Money
6:48 – Private Money Puts You In Control Of Your Real Estate Business
10:35 – The Money Partner Formula
16:00 – The Money Comes First
17:55 – The Money Is In The Follow-Up
21:32 – Attracting Private Money: It’s All About The Mindset
27:02 -Offering Realistic Deals
30:06 – What Is An Expression Of Interest?
32:53 – Connect With Dave Dubeau: https://www.MoneyPartnerFormula.com
33:33 – Check out Dave’s Podcast: https://www.DaveInterviewsYou.com
Private Money Academy Conference:
Free Report:
https://www.jayconner.com/MoneyReport
Join the Private Money Academy:
https://www.JayConner.com/trial/
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
YouTube Channel
https://www.youtube.com/c/RealEstateInvestingWithJayConner
Apple Podcasts:
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https://www.facebook.com/jay.conner.marketing
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