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How to Leverage Hard Money Lending for Your First Deal

How to Leverage Hard Money Lending for Your First Deal

FromForeclosure Deals Coach Podcast


How to Leverage Hard Money Lending for Your First Deal

FromForeclosure Deals Coach Podcast

ratings:
Length:
23 minutes
Released:
Mar 23, 2023
Format:
Podcast episode

Description

In this episode, Donny Coram leverages his experience as a coach to guide listeners through their first real estate deal using hard money lending. The topic of discussion is the 5 hard money lending factors when making a deal.He discusses tactics such as getting your LLC and EIN number ready to present to the lenders, adding me as a coach to the operating agreement of the LLC, reducing the down payment percentage to increase leverage, reducing points, and getting the loan approved using education-based lending. Shout out to Junior for his contribution to this topic.Join the Facebook group and message Donny your LLC documents to ensure that they have set things up properly for buying a house. It's important to note that while he is not a tax professional, he can offer advice on the most effective way to set up an LLC to maximize profits. However, it's important to focus on making money first, as tax savings won't matter if you aren't profitable. Don't miss this episode if you're looking to break into real estate investing and want to learn how to leverage hard money lending to your advantage.Article: 5 Hard Money Lending Factors We Consider | Private Money Utah? 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:
Mar 23, 2023
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.