⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm 

 

🎙️ Episode #356 - Out of cash, but you found an amazing real estate deal? Learn the nitty-gritty about leveraging hard money lenders while understanding the challenging risks. Coach and Justin present a step-by-step approach to ensure you never miss out on a great investment!

 

▶️ Next Episode: How to Calculate Internal Rate of Return (IRR)

https://www.coachcarson.com/irr/

 

📄 Show Notes:

https://www.coachcarson.com/hardmoneylenders/

 

🎬 TIMESTAMPS:

0:00 - Ins and outs of hard money lending

1:04 - Finding the perfect deal but having no money

3:22 - Locking up a good deal FIRST

5:41 - What is hard money?

11:44 - "4 C's" of hard money lending

18:10 - Logistics of hard money loans

21:06 - Challenges of hard money

31:54 - Private money vs hard money lender

39:06 - Tips to the run the "money lender marathon"

43:32 - Start out with a short-term loan

48:52 - Credit Partnerships

57:04 - How to use Internal Rate of Return (IRR)

 

🔗 Connect with Justin: 

• FREE closing checklist for borrowers and lenders: https://www.lenderscollective.com/resources/
• Facebook: https://www.facebook.com/profile.php?id=100045631728890
• LinkedIn: https://www.linkedin.com/in/justin-foster-3a7b3014/

 

____________________________________________________________________

⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

 

🖥️ My Real Estate Courses:

*FREE COURSE* Find Your Focus in Real Estate for Beginners:
https://www.coachcarson.com/fyf

30 Days to a Better Rental Investor:
https://www.coachcarson.com/30days

Creative Financing for Real Estate Investors:
https://www.coachcarson.com/creativefinancing

 

My Books:

📘 The Small & Mighty Real Estate Investor

📙 Retire Early with Real Estate

https://www.coachcarson.com/books-pod

 

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

 

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

 

🌐 For everything else: https://www.coachcarson.com