All the Money You need to buy all the houses you want!

[Kim Tucker]

Mid-America Association of Real Estate Investors Presents

DON DEROSA - PRIVATE LENDING 101


All Day Workshop Saturday June 13th
Johnson County Community College 9:00 to 4:30
Carlsen Center Room 211
Check In & Networking starts at 8:30
$25 for members, and $35 for non-members at the door
MAREInet.com - Workshop
Register Online
Print Paper Registration

Don DeRosa presents
Using Private Money to Buy all the Houses You Want
The Ultimate System for Finding and Using Other People’s Money


It’s the best market to buy houses in years! But credit is tight. So you need to know how to find and use private money. Now.

Join Don DeRosa as he discusses how to get an unlimited supply of money through Private Lenders so…
•You don’t have to qualify for a mortgage
•You don’t have to pay thousands in points to hard money lenders
•You won’t lose a deal because you need quick cash
•You don’t sap your own credit line

Beginning investors and old pros can find immediate success using Don’s simple system. Here are the five simple questions we’ll answer about working with Private Lenders:
1.Why do you need private lenders?
2.What makes the perfect private lender?
3.Who are these private lenders?
4.How do you find them?
5.What paperwork and disclosures are needed?

Once you learn the answers to these questions, and combine them with the techniques for buying houses that Don will share, there is NO LIMIT to the number of houses you can buy every month. Think of that – your earnings potential is unlimited!

And, you’ll hear exactly what Don tells potential private lenders to educate them and show what a safe investment alternative private lending is!

A few of the topics we will cover:
•The 10 Top Reasons why you absolutely need to know how to get Private Money
•Evaluating properties so you make $20,000 on every deal
•How to know how much you’ll need to borrow from your private lender
•Don’s top marketing tactics for finding private lenders
•Building a Private Lending Credibility Kit
•Disclosures you need to protect yourself and your lender
•How to utilize 401Ks and IRAs
•What paperwork you’ll need
•What the regulations are for your state
•How exit strategies impact the type of lender you need

Here are just some of the reasons you absolutely need to know how to use Private Money for your Real Estate Investing…

Some deals don’t work with traditional bank financing

· You must close within days to get the deal – banks don’t work that fast
· The bank won’t lend money without certain required repairs on a property

You won’t survive the cash flow game if you use your own money –

· Between acquisition costs, marketing, holding costs, repairs and selling expenses, you may exhaust you credit line

Having private lenders lined up increases your ability to make all-cash (read: lower) offers

· Many sellers need cash now – you will have access to cash that your competitors don’t

Exit strategies will be quicker and more profitable
You can negotiate flexible terms with your lender

· Private lenders are more flexible with payment terms, making it a win-win for both parties

You do not have to share or split the profits with partners – paying 10% on borrowed funds is cheaper than splitting 50% of the back end profit

Banks will eventually limit the number of loans you can take out to buy investment property

· When that super deal comes along that will make you $100,000 next month and you can’t get the cash to buy it – you’ll wish you had access to private money!

You can avoid high closing costs – to banks or hard money lenders

· You’ll avoid paying thousands out of your profits in fees and points that banks charge to make money

You don’t use your credit, so no credit report is required

You can buy more expensive houses where the profit potential might be huge


----------------------
About Don, who was featured in the NY Times best seller The Millionaire Real Estate Investor:

In the course of researching The Millionaire Real Estate Investor, we interviewed more than 100 millionaire investors from across the US and Canada. They were all people with extraordinary stories and success. Don DeRosa’s story was compelling enough for us to profile him among the top 21 exemplary investors featured in our book. He clearly stands out as a knowledgeable investor who is playing the game at the highest level. We were extremely thankful for his contribution to our book…
Jay Papasan, Co-author of New York Times bestseller The Millionaire Real Estate Investor

Excellent “how to” tool to walk you through creating relationships with private lenders, including initiating contacts, collateral material, and documentation required for closing and working with self-directed IRA funds. Mary Ann T., Atlanta

This course connects all the dots for me. I had previously taken Don’s other courses – Short Sale Profits Made Easy and Building Wealth with Real Estate. Private Lending 101 is the final piece to my real estate wealth puzzle. I look forward to making a great deal of money, thanks to Don…Barrett M., Decatur, GA



Coming next week details on our monthly conference call discussing Loan Modifications with Bob Diamond.