Line up Access to Money Far in Advance of Your Next Real Estate Deal - Lou Brown's 101 Street Smart Cash Flow Accelerator # 35
I'm teaching you about how to borrow money. But not the traditional way. That I've done since I got started in this business. I know you can avoid all of the expenses, the headaches, the pain, the suffering that it takes to qualify for a traditional loan. Once you contact, and in other words, plan in advance, put this on your calendar, know that you're going to have a deal come and in some cases you're going to need all cash or you're going to need rehab money or you're going to need down payment money, you're going to need some cash. Well, if you've already access those opportunities to borrow money, then you've got the way that you can actually use that money. Let's say that you've got your phone, and I've mentioned this in another tip. You get your phone, you look at the contacts and you find where those folks are. You call them up and you use our script that we've got so dutifully laid out for you and you start asking some questions. First of all, you say to them, “Let me just share with you what we're doing now. I'm a certified affordable housing provider. We help people regardless of their credit or financial background to end up with ownership of a property. And we work with private moneylenders who have some idle funds sitting in their IRA or 401k or their personal account. And that money is not making nearly the money it ought to be making or earning zero to 0.1% and what we do is put that money to work using safe, secure real estate. Do you know anybody who might have some private funds that they would like to put to work?” Ask the question. It's amazing what comes out of that conversation. I've been doing this for a while and I know what happens and I know that this can benefit you. To watch the next part of the video go to: Don't go into a deal without knowing what you are agreeing to. (Read all the paper work) https://youtu.be/gD7RlWPGc_4
Investors have long regarded Lou’s training, systems and forms as the best in the industry. He has been quoted as an expert by many publications including The Wall Street Journal and Smart Money Magazine.
Lou draws from his wide and varied background as a real estate investor. Having bought property since 1977, he has invested in single-family homes, apartments, hotels and developed subdivisions, as well as building and renovating homes and apartments. These experiences have given him a proving ground for the most cutting-edge concepts in the real estate investment industry today.
