BRRRR - (Get Free Houses) | Elevate Life

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Private Money Secrets

Understanding Private Money Lending

What is Private Money Lending? (3:01)
Getting Started (6:32)
Do Nots of Private Money Lending (4:50)
Where Are Private Money Lenders? (6:02)
Conversation Starters (12:40)

Raising Private Money Process

Preparing for Talking With a Private Money Lender (2:12)
Your Credibility Packet (9:26)
First Phone Call To Lenders (2:06)
First Call Script (13:26)
Follow Up Call (10:19)
Where Can Private Money Lenders Access Money to Lend Me? (7:09)
Self Directed Retirement Accounts (6:54)

Prime - Tax and LLC Planning

Entity Set Up and Tax Planning (1:11)

Determine if Deal or No Deal and Presenting to Lenders

How to Use the Private Lender Calculator (5:13)
Putting Together a Deal Packet (8:40)
Presenting the Deal Packet to the Lender (13:58)

Documents for Lenders

Documents We Give Our lenders (11:30)
Promissory Note (9:03)
Cognovit Promissory Note (6:48)
Mortgage (7:47)
How Money Flows Through Title on a Purchase (5:40)
How Money Flows Through Title on a Sale (3:53)
Calculating a Lenders Payoff (5:29)
When We Borrow, Our Normal Loan Terms (2:37)
How Lenders Get Paid Back (1:26)
Private Lenders FAQ (17:38)

Bonus - Escrow and Rehab Agreements

When to Use Escrow and Rehab Agreement (5:19)
Escrow Agreement (6:04)
Rehab Loan Agreement (5:28)
Release of Lien (4:16)
Escrow Release (2:39)
Overview of Requesting the Escrowed Funds (4:08)

Bonus Lessons

Real Phone Call With A Private Money Lender (13:06)
Phone Call With New PML (17:01)
Phone Call With Potential PML - Referral (11:59)
Phone Call With Potential PML - Networking (15:29)
How to become "Bankable" (89:32)
Private Money Lending (81:27)
Private Money Lender Secrets (120:07)
Sales and Negotiations (103:04)
Marketing and PML (114:45)

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