Private Lending Money Tips on Marketing Your Private Lending Credibility Kit

•Private Lending 5 Mistakes to Avoid When Building a Private Lending Credibility Kit
An effective credibility kit is often a real estate investor's ticket to the success for securing funding from a private money lender. If your private money lending credibility portfolio is compelling enough, you will have private money lenders flocking to your doorstep and you will be able to establish long lasting business relationships for future real estate transactions. Creating an effective private lending kit means avoiding the mistakes that could potentially burn bridges for future...

•Private Lending For Real Estate Investors How to Avoid SEC Issues
One the most frequent questions I get from students or newsletter subscribers relates to how can I raise money to buy real estate investments through private lending without getting in trouble with the SEC. This is not an easy question but certainly an important issue. Before I would answer this question, I always tell people that I am not an attorney and the advice I give is from my personal experiences and education and should not be considered legal advice. Is borrowing money for real...

•Private Lending for Real Estate Investors The Six Steps to a Private Lending Program
Wow, has the real estate market changed in 2008! Real estate investors have been shut out of traditional mortgage money unless you have a 9000 credit score and a 50 year work history without missing one day of work (ok enough of the weak humor but you get the idea). Even hard money loans are HARD to get as they have all gone out business. But just as the mortgage market is shunning the investor - we are starting to see signs that the reals estate marketing is starting to bottom and home...

•Real Estate Investors What is Private Lending
? Private lending, as I teach it and as I do it, is a relationship type of lending between my company and another individual. That individual can be one of two people. It can be what I call an outside third-party person. Maybe I do not know that person but through marketing, relationships or referrals, I have developed a relationship with that person. I have sat down with that person, either in one-on-one or in group settings. Private Lending Investors I have developed a program by which I...

•Private Lending Program for Real Estate Investors How to Format Your Credibility Kit
Credibility kits can come in many, many different forms. You can do them fairly casually. Just put together a bunch of papers, and photocopy them. That's probably been the traditional way of doing it. It doesn't really look very well put together or well-thought out. Most of your competition is going to put together their private lending credibility kits in that manner. They're going to have 10 or 15 pages. It might be photocopied, who knows, but it's not going to be very well-thought out....

•Private Lenders 7 Tips For Creating an Effective Private Lending Credibility Kit
The lending climate with conventional institutions in the current economy certainly does not rule in favor real estate investors or those that are just getting started in real estate investing. More so, the success of your real estate investing business is consistently at the mercy of the lending institution. As a result of the economic downturn, conventional lending institutions are increasing the criteria for lending, an effective private lending credibility kit is essential to taking...

•Private Mortgage Lenders The Pros and Cons of Using Private Mortgage Lending versus Actually Buying
There are a variety of reasons people are turning to private mortgage lending to enhance their investments, the primary reason being the current uncertain economic situation that is causing stocks and mutual funds to plummet. With private lending, your investment earns a higher rate of return than stocks and mutual funds, is secured by real property, as well as a mortgage insurance policy. What could be better these days when it comes to investing? If you are considering getting involved...

•Private Lender How to Creating a Cover Letter For a Private Lending Credibility Kit That Stands Out
The cover letter that you include with your private lending credibility kit will determine the first impression you will make on a private lender. Creating an effective cover letter will also determine whether or not the private lender continues to review the remainder of your portfolio as a potential borrower. A well written cover letter that communicates to the private lender(s) that you are worthy of his/her time and also demonstrates that you are serious about your business as a...

•Private Lending For Real Estate Investors Credibility Kit Marketing Tips
One of the things about private lending and all marketing, if you've done a lot of marketing, you know half of marketing is waste. Half of the people that inquire or raise their hand are probably never going to lend with you. All they want is some free information. They're wasting your time and you need to cull through those and get rid of those individuals and get to the real serious players. Identify the Serious Players You might have to have those people call you back once or twice in...

•Real Estate Investors Tips on Starting Out with Private Lending
One of the mistakes I was making early in my real estate investing business was I was putting my own money into deals. I would go out and get a primary mortgage mostly from - I was using WAMU at the time. Fortunately, I think they're still in business. Then I would put my personal funds as the balance. I'd borrow 80% of the proceeds from WAMU. I'd put in 20% of the remaining purchase price of my own funds and then I would continue to put my own funds to rehab the property. Like everybody, I...