Private Money: 5 Things Every Real Estate Investor Should Know

Posted on Mar 16 2015 - 5:35am by Lance Edwards

Where Can I Find Private Money Lenders?

“One of the easiest ways is to use my private lender data feed. When folks join in and get access to the datafeed, you type in your zip code, and within a millisecond, your laptop or computer populates contact names, mailing address, how much money they’ve loaned on a particular deal, and again, the private lender data feed is very simple,” Conner said.

For those without access to Conner’s proprietary data feed, however, there are two primary markets you can mine for the money to do your deals: warm and cold markets.

A warm market, Conner said, are the people who you have already established relationships with, while the cold market are the existing private lenders that are out there from coast to coast.

“The average person has more than 250 people in their cell phone,” he said. “I’ve got a grid of 44 people you already know who are easy to get ahold of. The easy answer, really, is through people you already know.”

Conner cautions when seeking out lenders in the cold market, however, that many of the free websites online are “a little time consuming to use, and you have to search through deeds of trust, or mortgages, and you have to throw out the owner-finance, seller-carried back deals.”

To help make your search easier, Jay Conner is offering three free gifts to Deals & Dollars Weekly subscribers, including a digital download or autographed hardcopy of his No. 1 best-seller, The Master’s Of Real Estate: Getting Deals Done in the New Economy; access to one of his free resources online; and a third surprise gift he says “people will absolutely love.”

You can claim these free gifts now at http://wheretogetthemoneynow.com.

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