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Jay Conner: And here's the script. I say I got great news for you. I can now put your money to work. I already know how much they got. So the four things that I tell them are one, where's the property located? I don't give them the physical address. They could care less when I'm having this conversation. So I tell them where the property is located. I tell them the after-repaired value. I don't tell them the purchase price. They could care less. I'm giving 'em the after-repaired value because they already know I'm typically not gonna borrow more than 75% of the after-repaired value. So I tell them what townships the property is located in the after-repaired value, and then the funding required, or the amount that I'm going to borrow to fund that deal. And then the fourth thing I tell 'em is the closing date because that's when they gotta have their money wired to my real estate attorney.
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What is Private Money? Real Estate Investing with Jay Conner
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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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