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Mid-Term Rental Accelerator

Private โ€ข 66 โ€ข $299/y

Building an Empire

Private โ€ข 75 โ€ข $15/m

PM
Private Real Estate Lending

Public โ€ข 318 โ€ข Free

4 contributions to Private Real Estate Lending
The #1 Goal of a Private Money Lender: DONโ€™T LOSE MONEY!!!
Here are the 15 topics we will be covering in the coming weeks to help you AVOID SCAMS and keep your money SAFE. We will deep dive on 1 topic each week, and when we're done you will have ALL the information you need to SAFELY lend your private money on real estate deals. SO MUCH VALUE FOR FREE!!! 1. Intentional Networking 2. Information you NEED to do your due diligence on a lead 3. Vetting the Deal 4. Vetting the Borrower 5. Inspecting the Property 6. State Laws You Need to Know 7. Resources You Need Before You Lend 8. Vetting the Title Company / Closing Attorney 9. Verifying Wiring Instructions 10. Security Instruments / Paperwork that protects you 11. Wiring Funds 12. The Due Diligence Process: A PML Checklist 13. What to Do When a Borrower Defaults 14. How to Find Borrowers 15. How to Raise Private Capital
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New comment Sep 25
The #1 Goal of a Private Money Lender:  DONโ€™T LOSE MONEY!!!
1 like โ€ข Sep 23
This is the holy grail for PMLs!!!!! Thank you for teaching us all of this!
Underwriting!
What is underwriting? The most important thing for a lender is to make sure they get all their money back. The second most important thing is to make the best return on their money. It is crucial to figure out what the property you are lending on is worth as-is in order to know the most you can lend on it and be safe. Comment here how comfortable you feel right now 1-10 on your underwriting skills. 1 being brand newbie and 10 being GENIUS level. ๐ŸšฉDO NOT START LENDING UNLESS YOU FIRST UNDERSTAND HOW TO UNDERWRITE! ๐Ÿšฉ
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New comment Oct 10
6 likes โ€ข Sep 5
3! I completely understand the NEED to know how to underwrite, but Iโ€™m not confident in my ability to do so yet. Iโ€™m feverishly trying to catch up on your underwriting class with Abraham! I recognize Itโ€™s knowledge I need but am lacking.
2 likes โ€ข Sep 10
@Alexis Morgan thank you Alexis! Sorry I saw this too late or Iโ€™d have been there!
Who here needs there first deal?
Hey hey! I have a couple loans coming up in my personal business that I'm willing to invite an investor in on! In my company we mainly focus on first position PML in Atlanta with monthly interest. These loans are to fix and flippers and all of our loans have a 6 month balloon. We are typically funding deals $150-250k and partner with people who want to take down the loan themselves or contribute $50k+. As a partner you can get 10-12% annualized interest with a monthly interest payment. I am partnering with capital partners on new PML deals every week! I want to do deals with this community! Who here is ready to deploy capital and looking for a worthy opportunity?
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New comment Sep 19
3 likes โ€ข Sep 5
I have capital available and Iโ€™m interested in knowing the details!
YOU NEED LEADS!
The bloodline of any business is LEADS!๐Ÿ“ˆ In the classroom tab, there is a short video on how to find leads for your PML Business! Remember, this community exists to help you get your first PML Deal. In order to do so you need leads coming in, that is the FIRST STEP! Comment on this post, "NEED" or "HAVE" if you need leads still or have leads that need funding! If you HAVE, put what kind of deals you specialize in? (Market, Position, Average Amount, ETC) Housekeeping Items - New Tabs on the Community Tab! ๐Ÿ˜† "Available Deals" and "Beginner Questions" exists here in school. What are you main questions about PML? If you have available deals that need funding right now there's a tab for you! ๐Ÿ’ฐ (Check out this tab as I currently have deals available!) - LEADERBOARD!๐Ÿฅ‡ On Sept 25th I will choose whoever is #1 on the leaderboard and give them a FREE virtual ticket to my upcoming PML Mastermind where decades of lending knowledge will be shared! You get points by engaging in the community, posting, comenting and watchign the classes! Extra leaderboard points if you share the community with a friend!โค๏ธโ€๐Ÿ”ฅ This is your opportunity to get a FREE ticket to this can't miss event! Homework: - Introduce yourself if you haven't already! - Watch the Finding Borrowers Video and Post 3 TAKEAWAYS - Take ONE Action Step Toward Finding Your Own Borrowers for PML Deals & Post What Action You Are Taking
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New comment Sep 20
YOU NEED LEADS!
3 likes โ€ข Sep 5
Have! ๐Ÿ˜ƒ
1 like โ€ข Sep 5
@Alexis Morgan I should say, I have others bringing deals to me to fund, but I have not yet found any deals myself. That I still need to learn how to do!
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Tammy McKee
2
4points to level up
@tammy-mckee-8098
Tammy McKee

Active 19d ago
Joined Sep 4, 2024
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