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Everything investors need to know about private money lending
- 1. WHAT EVERY INVESTOR NEEDS TO KNOW ABOUT PRIVATE MONEY! Lucky Jade Capital Private Money Lending For Real Estate Deals
- 2. Today’s Goal Is to help you fund more deals, in more places, so you get paid more often! Would That Be Beneficial For Everyone Here?
- 3. This is how it works… • Investor Steve is buying a house to fix up and resell for a profit • Because of the nature of the deal, Steve cannot get money from a conventional banking institution • What else can Steve do? PRIVATE MONEY!
- 4. Classic Private Money Loan • Steve’s paying $100,000 for a house he can resell for $175,000 • Steve has $35,000 in cash and needs to borrow the rest • Steve contacts a private lender named Linda and offers to pay her a premium price to borrow $65,000 for a short period of time • Linda, knowing she’ll be in first-lien position against Steve’s property, is happy to provide the funds he needs • Linda will also earn a relatively high return on her investment Linda
- 5. The Solution After Repair Value: $175,000 Purchase Price: $100,000 Down Payment: $35,000 Amounted Needed: $65,000 Loan-to-Value: 65% After Repair Loan-to-Value: 37% Principal Balance: $65,000 Annual Interest Rate: 9% Monthly Payment: $487 Term of Loan: 12 Months Total Earned: $5,850 over 12 months
- 6. Fast Forward 12 Months • Steve sells the house for $175,000 • Total closing costs and fees = 10% of sales price or $175,000 - $17,500 • Minus repair costs: - $15,000 • Less the cost of money: 5 months x $845 = - $4,225 • Pay off of loan from Linda: - $67,600 • Reimbursement of down payment: - $35,000 • Total Net Profit to Steve $35,675 • Total Net Profit to Linda $6,825 Win/Win For Everyone!
- 7. Where’s the Funding? You can get the money from people you know who have: • Home equity • CDs • Stocks • Commodities • Precious Metals • Hedge Funds • Foreign Exchange Currencies • A Real Estate Portfolio OR…
- 8. Introducing… Lucky Jade Capital Private Money Lending For Real Estate Deals
- 9. Private Money is Now the Only Source for Real Estate Investment Funding Private Money Allows You to Buy Property in a Down Economy Regardless of: • Credit Score • Background • Knowledge Base • Income Status • Employment Status • Current Situation
- 10. Just a Sampling of the Types Of Properties We Will Lend On… • Single Family Non-Owner Occupied Investment Properties • Duplex, Tri-Plex, Four-Plex Non-Owner Occupied Properties • Commercial Multi Family 5 Units and Up • Commercial Tenant, Retail, Industrial • New Construction • Rehab Fix and Sell • Rehab Fix and Hold If You Can Show Us That the Project Puts Money In Your Pocket, We Can Probably Get It Funded!
- 11. How to Secure Funds Fast: Fill out the Form at www.luckyjadecapital.com • Our Team will then call, support, and shepherd you through the package submission • Once your deal is accepted, we’ll get the funding you need to secure the deal We look forward to funding you to Real Estate Success!
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