For Private Money, work your LOCAL neighborhood.
- Say, “I work with successful passive real estate investors”
- “They earn 15% for IRA Private Lender Loans, simple interest paid quarterly”
- “Can I show you how to get 15% safely on your money?”
There are 2 basic REI Private Investor Strategies that work:
- SDIRAs are new Traditional IRAs and Roth IRAs that are set up through a custodian company approved by the IRS and the Department of Labor (DOL)
- See Real Estate Investment in your IRA
- You can also have checkbook control of your IRA with a business entity of a LLC
- There are Prohibited Transactions and Self Dealing Issues, which are all managed with good planning.
- See these Articles about SDIRAs.
2. Joint Venture Partners
- Find Money and Credit Partners
- Partner buys the property and funds rehab-resale
- At settlement, split proceeds anyway you like, can be 50-50 or something similar.
See my other site for more Private Lender Training
- 4975 Section
- accredited investor
- Case Study – Private Lender
- Disqualified Person
- IRS pub 590
- Joint Venture Partner
- Joint Venture with the Home Seller
- Non Recourse Loans
- Prohibited Transaction