160. The Truth About Private Money and Hard Money Lending in Real Estate with Jay Conner
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ABOUT JAY CONNER
Jay Conner began investing in real estate in 2003. At the start of his career, he relied on his local banker and was able to put together a few deals. After years of feeling owned by the bank, he learned how to buy properties using creative financing, including subject to and using lease-options.
After the market crashed in 2008, he had to abandon everything he knew about how to finance his deals. Then he heard about the world of private money. He developed his own system for gathering millions of dollars for real estate deals. Jay's unique system allows him to enjoy 7-figure profits year after year.
THIS TOPIC IN A NUTSHELL:
Jay’s transition from traditional financing to private money
Building trust and relationships with private lenders
Investing in Manufactured housing to single-family homes
Advantages of operating in a smaller market
The distinction between private money and hard money lending
Mechanics of Private Money and Self-Directed IRAs
Educational conversations vs. Funding request
Misconception on raising capital
Strategies for new investors to secure private money
Jay's new private money challenge
About the book "Where to Get the Money Now"
Connect with Jay
KEY QUOTE:
“The worst time to be raising money is when you need it for a deal.”
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professionals that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
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CONNECT WITH JAY:
Website: https://www.jayconner.com
Facebook: https://www.facebook.com/jay.conner.marketing
Linkedin: www.linkedin.com/company/jay-conner-private-money-authority-real-estate-investing
Jay’s book: Where To Get The Money Now
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Tiktok| @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
166 episodes