Essential Private Money Strategies for Aspiring Real Estate Investors

#privatemoney #realestate #jayconner

***Guest Appearance

Credits to:
https://www.youtube.com/@TheMHPExchange
“How To Find The Money To Finance Your Next Deal”

Navigating the world of real estate can often feel like traversing a maze, especially when it comes to securing funding for your deals. For those feeling daunted by the hurdles of traditional banking, Jay Conner, renowned as the “Private Money Authority,” shares invaluable insights into how investors can break free from the constraints of conventional lending methods.

Jay’s journey into private money lending began out of necessity back in 2009, during the global financial crisis. Like many real estate investors at that time, Jay found himself in a bind when his reliable line of credit from the bank was abruptly closed.

However, rather than seeing this as a setback, Jay turned it into an opportunity to explore alternative funding sources. This exploration introduced him to the world of private money—a realm that would transform his real estate career.

Private money lending involves working with individuals who are willing to lend their personal investment capital in exchange for attractive returns. Unlike traditional banks, which often impose stringent credit checks and collateral requirements, private lenders offer flexibility, allowing you to make your own rules. Jay emphasizes that the cornerstone of his success in this arena has been education and relationship-building.

By wearing his “teacher hat,” he educates potential private lenders about the secure, high-return opportunities available through real estate investments.

One of the key insights Jay shared on the podcast is the importance of investing in your local community—an approach he prefers, as it allows him to maintain better oversight of his investments.
However, he notes that private money principles are versatile and can be applied across various real estate asset classes, from single-family homes to mobile home parks.

Jay’s strategy pivots around the concept of a “good news phone call,” a unique approach he uses to fund deals without ever explicitly asking for money. After educating individuals on private money, Jay simply calls them with news of a potential investment that matches their pre-discussed funding capability.

This approach is not just about maintaining control over investments but also about offering genuine value to lenders by securing their investments with real estate, therefore ensuring that both parties benefit.

The podcast also highlighted an often-overlooked avenue—self-directed IRAs. For those with retirement accounts, directing funds into real estate can yield higher returns compared to traditional investment vehicles. Jay reiterated the importance of establishing a relationship with a self-directed IRA company, thus providing an additional pathway for potential investors to engage in real estate funding.

Timestamps:
00:01 Pathway to Financial Freedom
05:13 Attracting Private Money in Real Estate
08:49 Finding Solutions Through Private Lending
12:49 Raising Capital Before Deals
15:18 Syndication Model for Investors
17:37 Mobile Home Mogul’s Journey
20:57 Top Reasons Investors Choose Us
23:41 Private Lending vs. Stock Market
29:33 Self-Directed IRA Transition Overview
31:32 Funding Obligation and Investment Assurance
36:37 Envisioning Success in Private Lending
37:24 Free Real Estate Financing Book Offer
41:51 Private Lending Insights Podcast

Private Money Academy Conference:
https://www.JaysLiveEvent.com

Free Report:
https://www.jayconner.com/MoneyReport

Join the Private Money Academy:
https://www.JayConner.com/trial/

Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book

What is Private Money? Real Estate Investing with Jay Conner
http://www.JayConner.com/MoneyPodcast

Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.