Realty411 Magazine Featuring Lee Arnold from Cogo Capital | Page 21
Cogo just added Idaho and Arizona
to its markets, leaving very little
territory unserved — they even
offer loans in Alaska and Hawaii.
In our exclusive interview with
Lee, he mentioned that while there
is no question the US real estate
market is going through a
correction, he does not see a crash
coming like we experienced in
2008. He says “there is too little
inventory, and too much demand.”
And he should know a thing or
two about market cycles. Because
he started investing in 1996, he’s
been through 3 major dips already.
Through strategic and purposeful
action, and a whole lot of grit, he
is still in business. As a result of
these experiences, Lee looks at
correcting and declining markets
with optimism. He points out that
even a modest correction is great
news for serious real estate
investors. It weeds out the looky
loos, allowing the actual, hard
working real estate investors more
room to buy and sell and/or buy
and hold.
He commented that for years
the serious investors have “been
tolerating the HGTV wannabes,”
who have driven up prices by
overbidding on properties. He
believes many of these “flyby
night” investors will become stuck
in the months and years to come
because they don’t know how to
operate in a normal or declining
market. Serious investors do.
If you’ve been waiting for
better value deals, this is your
moment, and this lender wants to
fund your deals.
Enter The Circle of Wealth
Cogo Capital is just one of the
group of companies in Lee
Arnold’s portfolio.
His other companies include:
1. The Lee Arnold System of Real
Estate Investing, which trains
real estate investors on how to
find and purchase profitable
deals
2. Secured Investment Corp,
which provides a platform for
lenders looking to earn double
digit returns in oneoff loans or
through one of its long running
funds
3. Lake City Servicing, which
gives lenders peace of mind and
true passive income by servicing
their private loans for them
While Cogo Capital is open to
any investor, Lee says those who
have gone through the Lee Arnold
System often enjoy an 1,800%
increase in their chance of getting
funding. Because they have gone
through the comprehensive
educational arm of the company,
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these clients know what to look
for, how to make the right offers,
and how to structure their
transactions.
Through this methodically-
designed system, Lee has been
involved in more than $1B worth of
real estate transactions. That
includes flips, fund transactions,
and making private mortgage loans.
From this viewpoint, this industry
veteran noticeably sees things very
differently than the average
newcomer, bank loan officer, or
infomercial guru.
He believes in only making
loans to investors who can be
successful. He’s more interested in
the client’s success than the
possible equity grab should the
loan go into default. Therefore he’s
not afraid to tell you when you are
taking on a lot of risk for lessthan
ideal reward, even if your loan
request checks all the boxes.
And even if you come to Cogo,
and you don’t quite make the cut,
or you are taking on a new project
you really don’t have experience
in, Lee says he can introduce you
to other experienced investors in
your area who you can partner up
with. That way you can secure the
funding and get the deal done.