#356: How to Get Easy Loans for Fixer Properties in 2024 (Hard Money EXPLAINED) | Coach Carson Podcast
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: link
🎙️ 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)
📄 Show Notes:
🎬 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:
____________________________________________________________________
⚒️ Get my FREE Real Estate Investor Toolkit:
🖥️ My Real Estate Courses:
*FREE COURSE* Find Your Focus in Real Estate for Beginners:
link
30 Days to a Better Rental Investor:
link
Creative Financing for Real Estate Investors:
link
My Books:
📘 The Small & Mighty Real Estate Investor
📙 Retire Early with Real Estate
👋 Connect with Me:
💰 DealMachine – Software to help you buy more real estate deals: link