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Elevator Pitch: You'll Find Private Lenders

By Mitch Stephen / January 28, 2014 / Comments Off on Elevator Pitch: You'll Find Private Lenders

I have been getting a lot if emails and calls lately from my students. It seems they are having success finding private money. They are taking action on the ideas we’ve been discussing and it’s working. Imagine that!…go figure! I’m also getting calls from outsiders asking, How/Where do I find the money to fund my…

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How Important is Private Money?

By Mitch Stephen / January 10, 2014 / Comments Off on How Important is Private Money?

How Important is Private Money? One of my students recently got a house under contract in Houston, Texas. His strike price was $21, 000. With $10, 000 in repairs he could owner Finance the home for $84, 500  (Based on the local rents).  He didn’t have the money to buy the house himself. He didn’t…

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Yes I Do Mentor

By Mitch Stephen / December 12, 2013 / Comments Off on Yes I Do Mentor

Yes….I Do Mentor… but I only take on 20 students at one time. I suggest you get to know me, my niche, my style, and my philosophy on certain things. You may want to start with my book. It’s relatively cheap and will tell you a lot as to what I’m about…My Life and 1000…

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Competitive Home Market – Tips

By Mitch Stephen / December 11, 2013 / Comments Off on Competitive Home Market – Tips

In a competitive home market, it’s all about relationships and the number of offers you make. The more offers you make, the more homes you will buy. Figure you’re going to buy 1 home for every 35 offers you make. This will keep your expectations real. Here are a few simple tips: Set up your offer…

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Raising Private Money Letter Template

By Mitch Stephen / December 10, 2013 / Comments Off on Raising Private Money Letter Template

Raising Private Money Letter Template Here’s a sample letter you can use to find private money. Just personalize this to your business and send via email or snail mail. <YOUR COMPANY NAME> is currently seeking private money to purchase, renovate, and resell single family houses in Texas (Houston, San Antonio, and Dallas metro areas). We…

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