Why Use Private Money for Real Estate Deals?

This topic is near and dear to my heart. When I started my RE career, I heard about the necessity of finding private lenders. In fact I even found two. But then I stopped. For four years I PROCRASTINATED. I didn’t get it!!! For four years I continued to go to banks and jump through their hoops. I also had used hard money lenders, but found them VERY expensive.

It wasn’t until I quit my J.O.B. and found that banks wouldn’t loan me money that I realized that I needed to bring private lenders into my life quickly.

When I took that step, everything changed for the better.

What are some of the advantages of using private money for your real estate investments? Well, if you haven’t decided whether or not to use private money, I decided to lay it on the line here for everyone to see.

Fast & you can buy at a discount
No credit check & doesn’t show up on your credit report
Unlimited funds
Control, you set the rules
Help friends, family & meet a great group of people
Get some of your profit when you buy
Cash flow
Flexible
Can make offers with confidence
Can structure quick and more profitable exit strategies
Saves you money
Cheaper than a partner
Fund the purchase of defaulted paper
It is the foundation for a very profitable brokerage business

In this business when a deal comes along you have to move fast. Many investors have watched a deal slip through their hands while they waited for the bank to approve their loan. Once you have private money available, that won’t happen to you! You can make an offer knowing you can go ahead and set a closing date. Meanwhile, your competition is wondering how you did it so quickly!

For more information on Alan Cowgill go to:

or watch this free video training: