Finding Money for Your Real Estate Deals.
I used to ask the following question a lot while talking with newbie investors. Before I get to the question however, you should know that I often asked it during a time in which when money seemed to flow like crap through a goose to any investor who could simply fog a mirror.
The Question: If I could give you a 100% iron-clad guarantee that I will personally find you five deals next year that will make you $40,000 each – would you quit your job today?
Inevitably, the newbies would all answer yes. So what does that tell us? The #1 fear of investors a few years ago was DEALS. They all worried; “Can I find enough deals to satisfy my income goals?” And admittedly, I used to also worry about the same thing. Listen up ’cause I’m only gonna say this once! GREAT DEALS ARE FALLING FROM THE SKY! They are everywhere! I can not keep up with all the CRAZY good deals happening all around me. So what’s the bottle-neck in today’s market?
RE INVESTING TIP: Successful investing comes down to 4 CRITICAL variables:
- Education – Do you know enough to truly capitalize on an opportunity
- Deals – Are they out there? Do you know how to find them? Are there enough deals to sustain you?
- Money – Do you have money to take down the deals? Is it easy to obtain? What will it cost you?
- Contracting – Ugh – need I say more?
Listen up again – Education, Deals, and Contracting…that’s the EASY part!!! Any one can master those three critical variables, but in this market if you don’t have money – YOU ARE OUT OF THE GAME, period! There are very few banks who will lend money on a investment deal – and if they do, they are gonna want a LOT of your skin in the game. And, if you can’t prove that you have experience – forget it! You won’t even get a foot in the door of the few banks that ARE lending
That’s the cold facts, people. The cold hard truth of today’s market. I am on a quest for money and I want you to come me.
CHECK OUT THE BRIEF VIDEO BELOW FOR INFO ON MY NEW QUEST!!! AND BE SURE TO COMMENT!
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