December 14th, ONLINE
8 a.m.-2 p.m.
Online Masterclass:
Want More TRUE Private Lenders?
Here’s the Online Masterclass You Need
(and it’s FREE to all Members!)
OPHP: 3 hours finance, 1 hour negotiation, 1 hour ethics, 1 hour contracts [what’s this?]
Whether you’re a retailer who needs money to buy AND fix houses, a rental owner who wants longer-term financing to hold properties, or even a wholesaler who just needs to close a house for minute before reselling it…
…You’re probably sort of jealous of people who have a whole stable of individuals that they can call on to fund deals and repairs at a moment’s notice.
Will Pritchett is one of those people.
He’s a real-life investor was able to retire from his job as a firefighter (and retire his wife, Veronica, from her job as an assistant principal) in just a few short years using the BRRRR method—and using a whole team of private lenders he developed to fund the various stages of the process!
He’s going to share what he’s learned in this process, including:
- All the terminology you need to know, from LTV to points to prepayment penalty to “Dodd-Frank”
- What you CAN’T do when raising private money (unless you like dealing with nasty governmental agencies)
- The mindset you need to successfully find private money (if you’ve had problems, THIS might be the reason)
- How private money is different than hard money
- The ‘terms’ of a private loan, and how to show lenders the advantages of longer term loans
- How to differentiate yourself from other options your potential private lender might know about
- Who your best potential private lenders are, and where to find them (and why they’re probably NOT driving the best car, living in the best house, and working the highest-paid job)
- How you “make” your own private lenders
- How to make your deals as strong as possible, so that people will be begging to invest in them
- Why you should never “pitch deals”
- The practicalities that you need to master, like documents, insurance to protect your lender, where the money actually goes, what happens when you pay off the loan, and more
- How to avoid traps like your lenders backing out at the last minute, needing his money back early, getting overly involved in the work and decisions that should be yours, and more
- How to treat your private lenders, so that they become super fans and repeat lenders
And the Best News of All is…
We’re Thanking Our Members for
Being Such a Great, Supportive,
Got-Your-Back Community
By Making this Event FREE!
Yep, we appreciate you, and we’re showing it by making this Saturday workshop FREE to all of our members.
Non-members can attend, too, for $97…
…or you could just do the smart thing and JOIN!
If you’re serious enough about real estate to spend the time creating a business plan, you ALSO need to relationship-building, drinking-from-a-firehose education, deal-making opportunities, and amazing community ALAMO REIA offers, and you can be a member for as little as $25 a month, starting right now—and get this workshop for free!
(and yes, it will be recorded, and the recordings
will be sent to all registrants…)
Register below, and do it now, because yes, we DO have a limit on how many registrants Zoom can “hold”…