Category: Uncategorized

Why Private Lenders are badly in need of Real Estate Investors!

March 19th, 2009, 1 Comment

I received an email from Tim Redding the other day. He bought a copy of my Private Lending Essentials CD set the about a week ago and just received them in the mail. Here is a copy of his email:
“Hey Paul, I got the CDs in the mail yesterday and I listened to the first [...]

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When Saying “I need Private Lenders for this Deal” can get you in Trouble!

March 12th, 2009, No Comments

In last week’s eNewsletter, I described the SEC and their regulatory power over businesses and how they make money. I wrote about the exemptions that fall under Regulation D rules 504, 505 and 506. I mentioned that in many states, but not all, you can advertise for accredited investors.
I live in Washington State and [...]

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General Solicitation (Advertising) For Private Lenders Under Many Normal Conditions Are Prohibited.

March 5th, 2009, 1 Comment

I am amazed by the fact that more often than not I will attend a networking meeting or a REIA club meeting and always hear people stand up and say “I am a real estate investor and I am looking for private lenders on this property I am buying.”
I am amazed because in many states, [...]

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Matching the Lender to the Loan – Part Two!

February 26th, 2009, No Comments

Last week I was telling you about a “Fictional” story of Real Estate Investor James and his Private Lender Terry. James bought a house and borrowed money privately from Terry to buy, renovate and sell this investment. Things quickly went wrong.
I put “Fictional” in quotes because this is based in fact. Actually I put [...]

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How to Match the Lender to the Loan So That It Will Work For Everyone?

February 20th, 2009, No Comments

There are so many issues with the real estate market in 2009. First there is the foreclosure mess and the resulting banks tightening their guidelines. There are seller’s that have unreasonable expectations about housing values. There are buyers with unreasonable expectations about housing prices. As an investor we are stuck in the middle.
Another thing that [...]

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What in the Sam Hill is a Private Lender Coalition?

February 11th, 2009, No Comments

Co-a-li-tion [Koh-uh-lish-uh n]
According to Dictionary.com a Coalition is a temporary alliance between persons, factions or states into one body or mass.
A Private Lender Coalition is when you assemble a group of potential private lenders so that when you need to borrow money on a project you have a ready pool to tap into instead of [...]

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The Top 5 Private Lender Myths

February 4th, 2009, No Comments

They were 5 big myths that need to be laid to rest. Unfortunately many of them were promulgated by many Real Estate Professionals or some “Gurus” that were using this as a way to sell their courses and training.

I will go ahead and do this David Letterman Style. :)

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Video Vault is available

January 21st, 2009, 16 Comments

I have received hundreds of questions on Private Lending in the survey we sent out. I want to than you for your responses. Keep em coming. I have had my staff transferring some of them over to the blog as well so I could answer them directly. If you have more please post them.
I also [...]

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