Atlanta Real Estate Investors Alliance Blog

Join us at the Creative Deal Structuring Workshop on Saturday, April 1st from 9:00 AM to 5:00 PM at 3525 Piedmont Rd NE, Bldg 5, Ste 100, Atlanta, GA with Leslie Mathis where she will show you how to structure real estate transactions using little or none of your own cash and credit. When you find a seller with a real estate problem that you can’t solve by buying for all cash at a discount, Creative Deal Structuring gives you many more tools in your toolbox for you to solve their problem… giving YOU more ways to PROFIT!

At the workshop, you will learn:

• Different Deal Structures Defined And Explained
• 3 Ways You Can Make A Profit Using Creative
• Deal Structures
• Testing Your Sellers For Motivation And Flexibility
• Collecting And Evaluating Your Numbers
• Structuring Your Deals For Maximum Profit
• Interactive Learning Gives You Best Environment
• To Practice What You’ve Learned
• Real-Life Examples You’ll Be Amazed By!
• Answer your questions and more!

Come spend the day with Leslie Mathis on Saturday, April 1st and learn creative ways to buy properties other than paying all cash. Register Now & Save!

PLEASE NOTE: Early registration expires on Wednesday, March 29th at midnight. You can join Atlanta REIA at http://membership.atlantareia.com and save on tuition fees.

Hi, my name is Don DeRosa and I am a full time real estate investor who uses private lenders to fund all my cash and creative real estate investment deals. On Saturday, March 25, 2017 from 9AM to 6PM at 3125 Presidential Pkwy, Atlanta, GA, I am teaching a Private Money Workshop to teach you how you too can raise all the private money you need to fund your deals. Register Now!

So why are private lenders so important to my real estate investing business? Because using private lenders gives me the flexibility and the speed to grab up deals other investors have to pass on.

Here are just a few good reasons to use private money to fund your deals:

• Having private lenders allows you to close quickly. If I had to close on a house today I could have a certified check for $25,000 within two hours. Why? Because I have private investors ready, waiting, willing and able to send me a check at my call. If I didn’t do that, I’d have to pass on a lot of deals because I wouldn’t be able to find the money fast enough. Even if you’ve got bank financing lined up, you can’t close as quickly as you can with a private lender.

• You can buy houses that the banks aren’t willing to finance. If a house needs a lot of repairs, banks will not lend on it. Let’s face it, banks are picky! Recently one of my buyers was rejected for a bank loan on one of my houses because the house didn’t have carpeting. I had to go put carpet in it so we could close. A private lender doesn’t have to operate by the same narrow policies.

• You will not survive the cash-flow game if you use your own money. Like it or not, it takes money to make money. If you depend on using your own money, sooner or later you’re going to run out. You never need to run out of private lenders!

• You can make all-cash offers more readily if you have private money. And that means you can get the houses at a huge discount. You can say: “Look, I’ll pay you cash and I’ll close quickly, but here’s my cash price. Take it or leave it.” And your competitor? He comes to the same seller, saying: “I’ll buy your house, but I want you to do owner financing. And let’s spread it out over five years. I’ll give you cash some now and some later.” Which investor do you think is going to get the deal? I am, because I’ve got cash in hand!

• Exit strategies will be much quicker and more profitable, because you can make better offers. If you can buy a house subject to the existing financing and only bring $10,000 to the table, you’ll have your choice of exit strategies. It’s not your money, so you don’t have to get out of the deal as quickly. You can hold on to it for a month or for twelve months. It doesn’t matter, because it’s not your money.

• You can negotiate more flexible terms with private lenders You’ll pay less than you will if you borrow from a bank or other money lender. You can negotiate simple interest instead of compound interest, or you can make one payment at the end instead of paying every month. And you can negotiate the amount of time you have the money.

• You can take on more loans if you borrow from private lenders. If you use bank financing, at some point you’ll be told you’re maxed out and you can’t take out any more loans. And that limits your income. With private lenders, you don’t have that limit.

• You avoid closing costs by using private lenders. Have you ever seen a HUD statement from a person that got conventional financing? The fees on that HUD statement are astronomical. When I do a subject-to loan with a private investor, my average closing costs are about $1,100 regardless of the size of the loan. All I’m paying for is my attorney, some recording fees, and title insurance. That’s it!

• No credit report is required with private loans. Even better, not one of these loans shows up on your credit. And that means you can buy higher-priced homes, and more of them. Meanwhile, your credit becomes squeaky clean, which helps you in other parts of your life. I buy ten or more pretty houses every month. None of them are on my credit. I could buy a hundred a month if I had that many houses coming at me, and if I had the funds available.

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We wanted to thank everyone who attended the ACT / REACT Workshop with Jon & Stephanie Iannotti this past Saturday. We also wanted to give a BIG THANKS to Jon and Stephanie for coming to Atlanta and spending so much time with us. It was a PHENOMENAL EVENT!

We got such good feedback and every one learned so much about how to structure creative deals as well has how to do the deal when the seller wants full price and all cash. I think everyone’s favorite part of the event was listening to Jon talk to sellers live and make deals happen right there in class.

Many of you took advantage of purchasing Jon and Stephanie’s home study course on the ACT / REACT Strategy. However, a few of you didn’t because of the lack of a payment. It came to our attention after the event was already over, that Jon & Stephanie forgot to mention that we do have payment plans available for their training products and can do a two or three payment plan with you. Jon & Stephanie have agreed to honor the special Atlanta REIA pricing for the remainder of this week so you take advantage of a payment plan.

For more info on Payment Plans for the Iannotti’s ACT / REACT System, please call Chrissy at (678) 701-7160.