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How To Know If A Private Lender Is A Scam (Mindset)

How To Know If A Private Lender Is A Scam (Mindset)

FromForeclosure Deals Coach Podcast


How To Know If A Private Lender Is A Scam (Mindset)

FromForeclosure Deals Coach Podcast

ratings:
Length:
23 minutes
Released:
Jun 26, 2020
Format:
Podcast episode

Description

Thanks for tuning in; your continued support motivates us to keep giving you the best information on foreclosure investing! Today, we take a look at private money lenders. In previous episodes, we've discussed using conventional loans and other forms of creative financing to fund your deals, but private lenders - wealthy individuals who used asset-based lending to invest in real estate - can be some of the best sources of capital to secure your next deal. But how can you tell if the person on the other end of the phone is a legit professional who actually has access to the funds he's saying he can lend you? Well, you're in luck! Over 15 years, Donny has gained the knowledge to be able to sniff out the real players from the scammers trying to take your origination fee and run, so listen as he breaks down ways you can protect yourself and your investment from unscrupulous characters.Here's a link to the article Donny mentioned in today's episode:42% Of People Who Bought Homes During The Pandemic Engaged In A Bidding WarWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Just go to ForeclosureDealsCoach.com and type "PROPSTREAM" to sign up for your free trial today!? Master Foreclosure Investment with DonnyLearn the secrets with the "5 F’s of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.? Enroll Now? Unlock Your Foreclosure Potential with DonnyReady to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.? Schedule Your Call Now? Join the Foreclosure ExpertsStep into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.? Facebook Group? The Ultimate Foreclosure HubEquip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.? Official Website? Network with Donny Coram, The Foreclosure Deals CoachForge connections, share your journey, or simply drop a hello!? LinkedIn? InstagramNote: Some links may be affiliate. Your support keeps us creating quality content.
Released:
Jun 26, 2020
Format:
Podcast episode

Titles in the series (100)

Foreclosure Deals Coach is an education company that helps real estate pros transition from commission based income models to investment income from foreclosure investing. Learn the secrets you need to FIND, FIGURE, FUND, FIX, and FLIP a Foreclosure Deal in your market with my 5 F's of Foreclosure Investment System Course and Coaching.