private lenders
There is little limit on what the wholesaler can make, BUT, the deal has to fit the formula for the buyer of the wholesale deal. REMEMBER: We savvy investors don’t worry about how much our birddogs (wholesalers) are getting paid. Our only concern, as the buyer, is that the deal fits your formula. If the…
Read MoreAppraisers seem to get confused about value when different terms are injected into a sale. There is no doubt terms can affect the price. Here’s an extreme example: Can YOU buy a million dollar home? Most people would say, “NO.” If you ask those same people if they could buy a million dollar home if…
Read MoreThere are so many reasons people don’t raise private money. They think… I’m too old, I’m too young, I don’t have the right presentation, I can’t figure out how to approach a lender, I don’t know anyone with money. Well I am here to tell you that all the above is baloney. None of these…
Read MoreCheck out Mitch on Ron LeGrand’s new podcast. Mitch Stephen has been a self employed real estate investor for 22+ years and tells Ron LeGrand all about it. Mitch also is a prolific coach and educator who takes a personalized approach to his network of students. Mitch’s personal expertise includes raising private money, finding bargain…
Read MoreMany of you know from my books that I did not always have private lenders when I first started my real estate business…buying and selling walmart houses for walmart prices. In fact I had to learn the hard way…by trying and failing many, many times until I got it figured out. And now I want…
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