#33. Jay Conner— Where To Find The Money: How To Fund Your Deals Using Private Money
Did the bank cut you off? Where will you find the money to fund your deals? In this episode, Jay Conner, the Author of Where to Get the Money Now, shares the crisis he faced to fund the deals and look for options where to find the money. He explains how private money is a solution when banks turn you down and the benefits it entails. Jay also shares his formula will transform your life. Find out his formula to control your destiny today!
Jay Conner began investing in real estate in 2003. At the start of his career, he relied on his local banker and was able to put together a few deals. However, that also meant coming up with large down payments, paying origination fees, and signing personal guarantees on every deal. After years of feeling owned by the bank and being stressed out, he learned how to buy properties using creative financing, including subject-to and using lease-options. After the market crashed in 2008, his banker cut him off.
Jay had to abandon everything he knew about how to finance his deals. Then, he heard about the world of private money. He developed his own system for gathering millions of dollars for real estate deals. Over several years, Jay refined his system until it was repeatable and dependable. When he put it to the test, the first person he approached gave him $250,000 in private money.
In just a few short months, Jay raised $2,150,000 in private money. Despite initially cursing his banker, Jay now thanks him. Jay's unique system allows him to enjoy 7-figure profits year after year. He also has the freedom to work less than 10 hours per week in his real estate investing business by leveraging the power of automation.
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Resource links from the episode:
The Success Principles by Jack Canfield
