There are many advantages to using private lenders in your business . The main advantage is the ability to be in total control of your deals . Your money will be available to you almost immediately and at the terms you agree on with your lender . There is no prepayment penalty , no points like on a regular mortgage , no downpayment , and reduced closing costs . The money is available to you when you need it , and most lenders will let you make part or all of the interest payments at the end of the loan . This increases your cash flow on a monthly basis . In addition , they will supply you with the funds needed for repairs on the property . The flexibility you gain when using private lenders , as opposed to banks , when doing deals is extremely advantageous to your business .
What this does for you is to greatly increase the number of deals you can do , the types of deals you can do , and gives you the ability to close very quickly . In the real estate business time is of the essence . Just the ability to close quickly can make or break a deal for you . The ability to close quickly will give you a huge advantage over most of your competitors .
Plus , if you have the ability to pay cash and close quickly , many times you will be able to negotiate a much better deal on a property you want to purchase . With private lenders in line , you are always equipped with all the funds you need to grab each opportunity as it arises . The sense of confidence this will give you in doing your business is nothing less than amazing .
Discovering this key ingredient in your real estate business will allow you to do more deals and make more money than you ever imagined . For more information on funding deals using private money , visit my website at : www . marketingmagiclady . com . While you are there , be sure to sign up for my FREE Monthly Newsletter filled with all kinds of great tips for your real estate investing business .
" Also remember when you are working with private lenders to have them write a reference letter for you to include in your credibility kit . This is an extremely powerful addition to this kit that you will be using in your business . "
MEET KATHY KENNEBROOK
Kathy Kennebrook is the ultimate success story . She spent over 20 years in the banking industry before discovering the world of real estate . After attending some real estate seminars this 4 foot 11 " mother of two got really excited , and before you know , it she ’ d bought and sold hundreds of properties using none of her own money or credit .
Kathy holds a degree in finance and has coauthored the books : The Venus Approach to Real Estate Investing , Walking With the Wise Real Estate Investor , and Walking With the Wise Entrepreneur which also includes real estate experts Suze Orman , Robert Kiyosaki , and Dr . Wayne Dyer .
She is the nation ’ s leading expert at finding highly qualified , motivated sellers , buyers and lenders using many types of direct mail marketing . She is known throughout the United States and Canada as the Marketing Magic Lady . She has put together a simple stepbystep system that anyone can follow to duplicate her success .
Kathy has been speaking throughout the country and across Canada for over 14 years and has shared the stage with Ron LeGrand , Dr . Phil , Dan Kennedy , Mark Victor Hansen , Ted Thomas and Suze Orman , just to name a few .
Kathy is going to share with you how she generates a seven figure income by mailing a handful of letters throughout the year to highly selected targets by knowing exactly what to send them , who to send them to and exactly how to deliver her message . She will teach you the secrets of prescreening and automating your marketing and follow up systems to put your entire real estate business on autopilot .
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