Normally, I charge between $1,000 and $1500 to prepare loan documents for ONE hard-money loan. This does not include any other services.
William Bronchick – Hard Money Lending Advanced eCourse
Re:How to be a spokesman for the environment Hard Money Lender!
Dear Disgruntled Investor,
You can make substantial passive returns if you have cash, a line or credit, or large amounts of cash. Hi, Im Bill BronchickI am an author, lawyer, real estate investor and founderof The Colorado Association of Real Estate Investors. CNBC, Bloomberg News. TIME Magazine. SIRUS XM Radio. Wall Street Journal. Investors Business Daily. Money Magazine and many other prestigious publications. I am one of very few gurus that actually invests in real property. I have also supervised and assisted others in making low-risk, profitable investments.-Risk hard money loans for win-Win-All parties win
Realize that you can’t save enough or invest enough in the market to create a wealthy retirement fund. If inflation is 5% or higher, it is impossible to mathematically reach your goals (assuming you believe that the government is lying about the real inflation rate, which is not 2 %!).). To achieve any velocity with your money, you must get double-digit returns. And I can show that without significant risk.
Make an Instant College Fund for Your Grandkids or Kids
A higher rate of return could be possible if you have money in an IRA or 401k. If you have children or grandchildren, hard money lending could be enough to pay for their college educations with the interest rates you’ll earn and still have enough money for retirement. You don’t have to borrow money from the government. Let your money work for you! Your family can pay for their education at top colleges.
Hard Money Lending 101
Hard It works like this: An investor is under contract for a property and requires money quickly. He doesn’t have the time or ability to apply for a loan from a bank or mortgage company. He needs short-term money fast and easily. It doesn’t matter how much it costs as long as he can get it done. You have enough cash to pay for the loan. In six months or less you are paid back with 12% or higher interest and multiple origination points. Investors make profits and you get a huge, fat rate return. Everyone is happy.
There is also the question of what happens if the borrower defaults on his payments? Is it possible to sue him Can I foreclose him How much money will I lose? This is complicated. Will it cost me thousands of dollars in lawyer fees?
These are great questions. I’ll answer them to my satisfaction at my newHard. Money Lending eCourse.
Here are some examples-What-Youll-Learn
MyHARD MUNETY LENDING eCOURSEwill demonstrate that you can still make a profit, regardless of the economic situation.
What will you learn?
How to market to build a good list of regular and reliable borrowing customers
9 things to consider when evaluating potential borrowers in order to ensure they pay
How can you ensure that the deal on which you lend money is profitable?
How to choose which properties you want to lend or not.
How can you determine the exact value of the collateral
Here’s a checklist of things you should verify before lending a DIME.
All the paperwork that you will need to protect yourself from any potential dangers
How to negotiate terms for your loans (remember that YOU are the driver!)
You must comply with the regulations and rules governing commercial lending
You can use your IRA/401k to lend money or earn interest TAX-FREE!
You can get second lien loans at even higher rates of return, without having to lose your shirt
Cross-Collateralization and other clever tricks
7 ways to get capital for hard money lending now
How to borrow money from others using the money of other people
What do you know about hard money lending that you don’t?
9 ways you can reduce your default risk
What is the cost of this?
Normally, I charge between $1,000 and $1500 to prepare loan documents for a single hard money loan. This does not include due diligence on the borrower and the deal. They had to locate the borrower, qualify them, and complete all due diligence. They have previous experience in the industry.
Download immediately William Bronchick – Hard Money Lending Advanced eCourse
To show you how to run a business and what you need to do to close a loan, I would charge more than $1,500.00. This is a fair price considering the amount you will make on your first deal! Keep in mind that you could lose TENS OF THOUSANDS of Dollars if you don’t take my course and try to do it yourself.
Here’s what you’ll get in William Bronchick – Hard Money Lending Advanced eCourse
- Lectures 1
- Quizzes 0
- Duration Lifetime access
- Skill level All levels
- Language English
- Students 0
- Assessments Yes