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⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://www.coachcarson.com/mastery 🎙️ 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! 📄 Show Notes: https://www.coachcarson.com/hardmoneylenders/ ▶️ Next Video: How to Calculate Internal Rate of Return (IRR) https://www.youtube.com/watch?v=HJnnpXoR6y0 🎬 Topics Covered: 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 18:03 - Logistics of hard money loans 20:59 - Challenges of hard money 31:47 - Private money vs hard money lender 38:52 - Tips to the run the "money lender marathon" 43:18 - Start out with a short-term loan 48:38 - Credit Partnerships 56:50 - How to use Internal Rate of Return (IRR) 🔗 Link Mentioned: FREE closing checklist for borrowers & lenders: https://www.lenderscollective.com/resources/ 🔗 Connect with Justin: • Facebook: https://www.facebook.com/profile.php?id=100045631728890 • LinkedIn: https://www.linkedin.com/in/justin-foster-3a7b3014/ • Connect with Justin inside my private community, Rental Property Mastery: http://coachcarson.com/rpm-YT -------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit: https://www.coachcarson.com/toolkit-YT 🖥️ Learn with Coach (Courses, Books & more): https://www.CoachCarson.com ✅ Subscribe for more videos about real estate investing: https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1 👋 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-YT
