Coach Carson | How to Get Easy Loans for Fixer Properties in 2024 (Hard Money EXPLAINED) @CoachChadCarson | Uploaded August 2024 | Updated October 2024, 5 hours ago.
β Join Rental Property Mastery, my community of rental investors on their way to financial freedom: coachcarson.com/rpm-YT
ποΈ Episode 356 β Out of cash, but you found an amazing real estate deal? Learn the nitty-gritty about leveraging hard money lenders while understanding the challenging risks. Coach and Justin present a step-by-step approach to ensure you never miss out on a great investment!
π Show Notes:Β Β
coachcarson.com/hardmoneylenders
βΆοΈ Next Video:Β How to Calculate Internal Rate of Return (IRR)
youtube.com/watch?v=HJnnpXoR6y0
π¬ Topics Covered:
0:00 - Ins and outs of hard money lending
1:04 - Finding the perfect deal but having no money
3:22 - Locking up a good deal FIRST
5:41 - What is hard money?
11:44 - "4 C's" of hard money lending
18:03 - Logistics of hard money loans
20:59 - Challenges of hard money
31:47 - Private money vs hard money lender
38:52 - Tips to the run the "money lender marathon"
43:18 - Start out with a short-term loan
48:38 - Credit Partnerships
56:50 - How to use Internal Rate of Return (IRR)
π Link Mentioned:Β
FREE closing checklist for borrowers & lenders:
lenderscollective.com/resources
π Connect with Justin:
β’ Facebook: facebook.com/profile.php?id=100045631728890
β’ LinkedIn: linkedin.com/in/justin-foster-3a7b3014
β’ Connect with Justin inside my private community, Rental Property Mastery: coachcarson.com/rpm-YT
________________________________________
βοΈ Get my FREE Real Estate Investor Toolkit:
coachcarson.com/toolkit-yt
π₯οΈ My Real Estate Courses:
[FREE COURSE] Find Your Focus in Real Estate for Beginners:
coachcarson.com/findyourfocus-YT
30 Days to a Better Rental Investor:
coachcarson.com/30days-YT
Creative Financing for Real Estate Investors:
coachcarson.com/creativefinancing-YT
π The Small & Mighty Real Estate Investor (My Book):
coachcarson.com/smallandmighty
π Retire Early with Real Estate (My Book):
coachcarson.com/retirementbook
β Subscribe for more videos about real estate investing:
youtube.com/user/CoachChadCarson?sub_confirmation=1
π Connect with me:
instagram.com/coachchadcarson
facebook.com/coachchadcarson
twitter.com/CoachChadCarson
π° DealMachine β Software to help you buy more real estate deals:
coachcarson.com/dealmachine-YT
π For everything else: CoachCarson.com
Footage & Photo Credits: Pexels | Pixabay
β Join Rental Property Mastery, my community of rental investors on their way to financial freedom: coachcarson.com/rpm-YT
ποΈ Episode 356 β Out of cash, but you found an amazing real estate deal? Learn the nitty-gritty about leveraging hard money lenders while understanding the challenging risks. Coach and Justin present a step-by-step approach to ensure you never miss out on a great investment!
π Show Notes:Β Β
coachcarson.com/hardmoneylenders
βΆοΈ Next Video:Β How to Calculate Internal Rate of Return (IRR)
youtube.com/watch?v=HJnnpXoR6y0
π¬ Topics Covered:
0:00 - Ins and outs of hard money lending
1:04 - Finding the perfect deal but having no money
3:22 - Locking up a good deal FIRST
5:41 - What is hard money?
11:44 - "4 C's" of hard money lending
18:03 - Logistics of hard money loans
20:59 - Challenges of hard money
31:47 - Private money vs hard money lender
38:52 - Tips to the run the "money lender marathon"
43:18 - Start out with a short-term loan
48:38 - Credit Partnerships
56:50 - How to use Internal Rate of Return (IRR)
π Link Mentioned:Β
FREE closing checklist for borrowers & lenders:
lenderscollective.com/resources
π Connect with Justin:
β’ Facebook: facebook.com/profile.php?id=100045631728890
β’ LinkedIn: linkedin.com/in/justin-foster-3a7b3014
β’ Connect with Justin inside my private community, Rental Property Mastery: coachcarson.com/rpm-YT
________________________________________
βοΈ Get my FREE Real Estate Investor Toolkit:
coachcarson.com/toolkit-yt
π₯οΈ My Real Estate Courses:
[FREE COURSE] Find Your Focus in Real Estate for Beginners:
coachcarson.com/findyourfocus-YT
30 Days to a Better Rental Investor:
coachcarson.com/30days-YT
Creative Financing for Real Estate Investors:
coachcarson.com/creativefinancing-YT
π The Small & Mighty Real Estate Investor (My Book):
coachcarson.com/smallandmighty
π Retire Early with Real Estate (My Book):
coachcarson.com/retirementbook
β Subscribe for more videos about real estate investing:
youtube.com/user/CoachChadCarson?sub_confirmation=1
π Connect with me:
instagram.com/coachchadcarson
facebook.com/coachchadcarson
twitter.com/CoachChadCarson
π° DealMachine β Software to help you buy more real estate deals:
coachcarson.com/dealmachine-YT
π For everything else: CoachCarson.com
Footage & Photo Credits: Pexels | Pixabay