Private Money

Student Testimonial Owner Financing

By Mitch Stephen / February 7, 2018 / Comments Off on Student Testimonial Owner Financing

I recently became aware of a message one of my students, Azhar Hirani, posted on I not sure the post will get approved by BiggerPockets because of their strict “Anti- Guru” policy, but that ‘s beside the point. The real point of being a mentor is to help people grow…not the fee. I believe…

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Private Money Advantage-Wholesale Deals

By Mitch Stephen / January 26, 2017 / Comments Off on Private Money Advantage-Wholesale Deals

My organization doesn’t flip contracts. We actually take our wholesale deals down. We don’t do this for regulatory reasons. We do it because it gives time and control and relieves us of the pressures those contract flippers put themselves under.  By actually taking the property into our possession (actually funding and closing), we are able…

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Stock Market Makes Finding Private Money Easier

By Mitch Stephen / August 28, 2015 / Comments Off on Stock Market Makes Finding Private Money Easier

Sometimes The Stock Market Makes Finding Private Money Easier! I don’t own any stocks, but I listen with an ear towards the markets. On days when the stock market scares the living dog-dookie out of investors, it’s a great time to approach the subject of private lending with those who are getting hit hard by…

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By Mitch Stephen / March 22, 2014 / Comments Off on INVESTORS with LICENSES

I know many successful investors that have a Real Estate License and I know investors that are Licensed Attorneys. I think some disclosure is good and it’s not really that big of a deal. Either the Seller accepts your offer or they don’t. If I recall correctly, the LICENSED BUYER adds a line in the…

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By Mitch Stephen / February 20, 2014 / Comments Off on TALKING TO SELLERS

People ask me all the time , “what do I say when I get in front of the prospective seller?” So here’s an example:  You’ve located a deceased owner with a back tax problem. You had to hire a skip trace detective to actually locate the administrator of the will or the new heir to…

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