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サマリー
あらすじ・解説
Making a $100,000 extra income through real estate without owning the actual real estate—how is that even possible? By the time you’re done with this episode, you’ll know how to fund any rental property purchase, no matter how much money or experience you have. And if Brenda can work her full-time W-2 job AND complete over fifteen deals this year when starting out with little to no experience.
Brenda is a member of the Subto and Gator Communities. She made the leap to join after hearing Pace Morby's story on another podcast. After getting fed up with analysis paralysis, Brenda connected with a fellow community member and lent $66,000 on her FIRST deal. She made almost $10K in 60 days off that deal.
In this episode, Brenda reviews EVERY (and we mean EVERY) type of lending. From private money (PML), Earnest Money Deposits (EMD), Double Closings, and even Credit Cards. Whether you’ve got the funds or not, Brenda will walk through EXACTLY how to get your first deal!
► Want to Fast Track Your Investing Journey?
Subto Community: https://join.nre.ai/mQAdsFo
Gator Community: https://pacejmorby.com/join-gator1?affiliate_id=4280503
Chapters:
00:00 - Introduction to Private Money Lending
03:01 - Brenda's Journey into Real Estate
05:34 - Understanding the Lending Process
08:23 - Exploring Earnest Money Deposits
11:08 - Risk Management in Lending
14:17 - Potential Returns in Private Lending
16:55 - Building a Lending Business
19:35 - Networking and Community Impact
22:26 - Future Goals and Opportunities
The Mission to Wealth Podcast releases new episodes EVERY week. Be sure to subscribe!
Connect with Tim:
Instagram: https://www.instagram.com/itstimyu/
YouTube: https://youtube.com/@itstimyu