Real Estate Investing the Street Smart Way with Lou Brown
Real Estate Investment Training - Real Estate Investors
Seeking Private Money: Here's Who To Borrow Private Money From - Street Smart Cash Flow Accelerator #32
Lou Brown
May 17 2019
Seeking private money? Here's who to borrow private money from.
101 Street Smart Cash Flow Accelerators#32
Borrow private money from folks who are not in the business. Let me tell you what that is. Basically a lot of folks that are close to real estate, they also understand money and they understand interest rates and they understand the power of that and they understand just how much profit you can make by allowing them allowing you to borrow their money. Typically when you're close to real estate, you're actually paying more for the money if you're borrowing it from another real estate investor or if you're borrowing from a private money lender that's affiliated or associated to real estate.
If you think about it this way, there are lots of people in your cell phone and you think about all the different contacts that you've got there. Many of them have money and you don't even know it. Why? Because you've never discussed it with them. You've never discussed if they have an IRA or a 401k or personal funds that are not invested. Imagine that you could tap into that money. Now imagine that you could borrow money at say 4% interest and no points and no closing costs. Wouldn't that be phenomenal?
Well, that's exactly what I teach you how to do. I've got a system called borrowing. You can find out more about that at streetsmartinvestor.com and then click on tools and click on Borrowing. That includes a script of what to say and how to say it. But it's just amazing that there's so much money available out there.
When you tap into folks that are not close to the financial world, it's amazing that they will accept. Because they're currently earning zero to 1% on their money. Imagine that they could put their money to work using safe, secure real estate at only 4%. Well, 4% when you compare that to cds, when you compare that to what banks pay, when the money's just sitting there in the bank, that is a blessing and you can bless a lot of people in your world simply by telling them who you are and how you can help them with their money.
Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.
* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan
* How to have a buyer or renter before you even buy property
* How to have them already pay you money before you sold them anything
These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.
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Web Site: https://millionairejumpstart.com/ and https://streetsmartinvestor.com/
Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, "Lou" draws from a wide and varied background as a real estate investor having been buying property since 1976.
He's invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He's widely known as a creative financing genius with his deal structuring concepts.
Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world's largest real estate investor group.
He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.
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About Lou Brown
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