***Guest Appearance
Credits to:
https://www.youtube.com/@drchrisloomdphd
“Unlock Real Estate Success: Mastering Private Money Lending with Jay Conner”
https://www.youtube.com/watch?v=so-s2bKVElA&t=67s
In the world of real estate investing, securing funding can be one of the most critical challenges. A rigorous, time-consuming process often accompanies traditional bank loans, and the limitations they impose can stifle even the most promising deals. Enter private money lending—a game-changer for real estate investors, offering a flexible and efficient alternative that can help you seize opportunities without the usual headaches.
The Journey to Private Money
Take it from Jay Conner, a seasoned real estate investor featured on Dr. Christopher Loo’s Financial Freedom Podcast. His journey into the realm of private money began out of necessity. After years of dealing with banks and having his line of credit unexpectedly pulled during a financial crisis, Jay turned his attention to private lenders—individuals who were willing to invest their funds for a solid return. This pivot not only saved his business but opened up a wealth of opportunities.
Why Private Lenders Are Attracted to Real Estate
Jay Conner outlines several key reasons why private lenders are drawn to real estate investments. First, they earn impressive returns, far surpassing the interest rates of traditional savings accounts or CDs. While he has consistently offered his lenders an 8% return, even in volatile markets, such rates are enticing compared to the low returns at traditional banks.
Second, private lenders appreciate the security real estate investments offer. Unlike stocks, which can be highly volatile, real estate deals provide a stable principal, backed by tangible assets. Lenders have the added security of a promissory note collateralized by the property, reducing their risk.
Third, private lending is straightforward. Lenders know exactly what their returns will be without the unpredictability of market fluctuations. This reliability makes it an attractive option for individuals seeking to diversify their income streams with minimal stress.
The Distinction Between Private and Hard Money
It’s important to understand that private money lending is distinct from hard money lending. While both serve as alternatives to traditional financing, hard money lenders typically operate as brokers, charging higher interest rates and fees. In contrast, private money lending involves direct relationships between investors and individual lenders, offering more favorable terms.
As Jay explains, private lenders are not institutions but real people who are eager to invest their savings or retirement funds into real estate. This personal connection often results in more favorable lending terms, such as no origination fees, lower interest rates, and no extension fees, allowing investors the flexibility to get paid when they buy properties.
Building Credibility with Lenders
Gaining the trust of private lenders hinges on credibility. New investors can begin by tapping into their existing networks—friends, family, colleagues, or acquaintances who might be interested in becoming private lenders. Expanding one’s network can also be achieved through platforms like Business Networking International (BNI), where professionals connect to share leads and explore investment opportunities.
Additionally, partnering with self-directed IRA companies can lead investors to individuals who are already familiar with private lending. These existing lenders may require negotiation, but can provide a valuable source of funding.
Conclusion
Private money lending can revolutionize your real estate investing venture by providing flexible, reliable, and efficient funding. The key to success, as Jay Conner demonstrates, is not just in finding the money but in building trustworthy relationships and leveraging networks. By doing so, you unlock a realm of possibilities that traditional banking institutions simply can’t offer. So if you’re ready to transform your real estate journey, consider the path of private money—it might just be the catalyst you need.
10 Discussion Questions from this Episode:
- What motivated Jay Conner to explore private money as an alternative to traditional bank loans, and how did this decision transform his real estate investment journey?
- Why does Jay Conner emphasize the importance of leading with a servant’s heart when approaching private money lending?
- Discuss the impact of the 2008 financial crisis on Jay Conner’s business strategy. How did it influence his shift towards private money?
- Jay talks about the advantages of private money for real estate deals. What are the key benefits he highlights for private lenders?
- How does Jay differentiate between private money lending and hard money lending, and what are the practical implications of these differences for real estate investors?
- What are the three categories of private lenders Jay describes, and how does he suggest investors can connect with each group?
- Why is credibility crucial when attracting private lenders, and what strategies does Jay suggest for building trust with potential investors?
- How does Jay recommend real estate investors expand their network to find private lenders beyond their immediate connections?
- What are self-directed IRAs, and how do they fit into the private lending framework Jay discusses in the episode?
- Reflect on Jay’s perspective about making private money straightforward and transparent. How does he believe this approach benefits both lenders and investors?
Fun facts that were revealed in the episode:
- Bank-Free Real Estate Investing: Jay Conner revolutionized his real estate investing journey by focusing on private money after his line of credit from a bank was unexpectedly closed during the financial crisis. He now raises funds without having to rely on traditional banking institutions.
- Speedy Fundraising: After learning about private money, Jay managed to raise over $2.1 million in less than 90 days for his real estate deals, all without directly asking anyone for money. This approach allowed him to never miss out on a deal due to lack of funding.
- Growth Through Teaching: Jay emphasizes the importance of teaching others about private money investing. By educating people in his network, such as those he meets at church or in local clubs, he not only raises funds but also builds a community of informed private lenders.
Timestamps:
00:01 Raising Private Money Without Asking For It
04:03 Credit Line Shock During Crisis
07:00 Raising Private Funds for Real Estate
09:31 Private Lending: High Returns, Low Risk
13:17 Hard Money Lending Explained
17:13 Profiting from Real Estate Loans
20:20 Private Lender Categories Explained
22:53 Finding Private Lenders Explained
26:24 Download Jay’s free Money Guide:
https://www.JayConner.com/MoneyGuide
Connect With Jay Conner:
Private Money Academy Conference:
Free Report:
https://www.jayconner.com/MoneyReport
Join the Private Money Academy:
https://www.JayConner.com/trial/
Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book
What is Private Money? Real Estate Investing with Jay Conner
http://www.JayConner.com/MoneyPodcast
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
#RealEstate #RealEstateInvesting #RealEstateInvestingForBeginners #Foreclosures #FlippingHouses #PrivateMoney #RaisingPrivateMoney #JayConner
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Jay Conner on Leveraging Private Money for Effective Real Estate Investment
Jay Conner [00:00:00]:
So I studied private money. I studied private lending. I studied self-directed IRAs. And, Chris, I put my program together where I just went about simply teaching, and there’s the key right there. I put on my teacher’s hat that says private money teacher. And I just started leading with a servant’s heart and teaching individuals, people that I’ve already got a connection with, that I’m at the church with, they’re in my cell phone. I’m at the Rotary Club with them. I just started sharing what private money is and how my friends and connections could beat private lenders and get high rates of returns safely and securely.
Narrator [00:00:40]:
If you’re a real estate investor and are wondering how to raise and leverage private money to make more profit on every deal, then you’re in the right place. On raising private money, we’ll speak with new and seasoned investors to dissect their deals and extract the best tips and strategies to help you get the money, because the money comes first. Now here’s your host, Jay Conner.
Dr. Christopher Loo [00:01:09]:
Good morning, guys. And I’m really excited about today’s guest. And what if I told you today’s guest is gonna talk to us about how to get money for your private real estate deals without relying on institutions or hard money lenders? Jay Conner is an expert in this area. He’s coming on to the podcast to showcase his expertise, and I’m really happy to have him on. So, Jay, welcome.
Jay Conner [00:01:35]:
Chris, thank you so much for inviting me to come along and talk about what I’m so passionate about, that being private money, private lending, and how to get money for your real estate deals without ever having to ask for money. There are no applications. You’re already approved. Private money’s had more of an impact on my real estate investing business than anything else, all the way back to 02/2003.
Dr. Christopher Loo [00:01:59]:
Yeah. Interesting. And, yeah, I realized once this kind of door opened, there’s this alternative avenue for funding as opposed to just, you know, all that tedious rigor merle that you have to go through the banks. There’s this area. So talk about, you know, your journey. You know, what motivated you to explore private money as an alternative to traditional bank loans, and how did it transform your real estate investment journey?
Jay Conner [00:02:25]:
Sure. I backed into it, Chris, is what happened. You see, my wife, Carol Joy, and I we’ve been investing in single-family houses here in Eastern North Carolina full time since 02/2003. And from 02/2003 until February, those first six years that we were investing in real estate, all I need to do, Chris, to get money from my deals to fund my real estate deals, all I need to do is go to the local bank, get on my hands and knees, put my hands underneath my chin, and beg and plead and say, please fund my bill. Please fund my bill. Applications, I had to pull up my skirt for the banker to look at my assets, had to show financial statements, pull the credit score, all of that regular, as you call it, rigmarole, and that’s a good name for it. That worked out okay, Chris. That worked out okay for the first six years.
Jay Conner [00:03:23]:
But then something changed big time. In February, I had two houses under contract that I was gonna invest in. And so I called up my banker. My banker’s name was Steve, and I. I had this conversation, this kind of conversation, many times for six years. I called up Steve to tell him about the deals, the amount needed to fund the deal, etcetera. And I learned like that, Chris, over the phone that the bank had closed my line of credit with no notice whatsoever. And when Steve told me that, I said, Steve, what in the world are you talking about? We’ve done a lot of business for six years.
Jay Conner [00:04:03]:
Why are you telling me that the bank has closed my line of credit? And Steve said, Jay, don’t you know there’s a global financial crisis going on right now? I said, No, Steve, but you just gave me a global financial crisis. Now I don’t have a way to fund these two deals. And so I hung up the phone. My first thought was, I sure wish my banker had told me before calling him up with deals on the contract. And I wish he had told me that my lines of credit had been closed. Nonetheless, I sat here with him, Chris, and I’m gonna share a very powerful question that I asked myself right after having that conversation with my banker and learning that my line of credit had been shut down. And here’s the powerful question I asked myself. I said, Jay, who do you know that can help you with your problem? And by the way, these people are running around saying every problem is an opportunity.
Jay Conner [00:05:01]:
I wanna throw up. I didn’t have an opportunity. I had a problem. Now that the problem has become an opportunity. If it hadn’t been for that problem, I wouldn’t even be here with you today. Nonetheless, the power’s in question. So I asked myself the question, Who do I know that can help me with my problem? And I immediately thought of a good dear friend of mine, Jeff Blankenship. He was living in Greensboro, North Carolina, at the time, investing in single-family houses.
Jay Conner [00:05:31]:
So I called up Jeff. I told Jeff what had just happened and hoped that he could help me. And he said, Jay, welcome to the club. And I said, Jeff, what club is that? He said, The club of having your line of credit shut down in the local bank, he said, my bank shut me down last week. I said, Jeff, how are you going to fund your real estate deals? He said, Jay, have you heard of private money and private lending? I said, no. What in the world is that? He said, Have you heard of self-directed IRAs and how individuals can use their current retirement accounts, their current retirement funds. If they’re not happy with them, they can be a private lender as an individual. One of those retirement funds out to a real estate investor and earn high rates of returns safely, securely, and either tax-free or tax deferred.
Jay Conner [00:06:24]:
I said, Jeff, what in the world are you talking about? I never heard of what Jeff was talking about. So I studied private money. I studied private lending. I studied self-directed IRAs. And, Chris, I put my program together where I just went about simply teaching, and there’s the key right there. I put on my teacher’s hat that says private money teacher. And I just started leading with a servant’s heart and teaching individuals, people that I’ve already got a connection with, that I’m at the church with, they’re in my cell phone. I’m at the Rotary Club with them.
Jay Conner [00:07:00]:
I just started sharing what private money is and how my friends and connections could be private lenders and get high rates of returns safely and securely. And you know what’s interesting? In less than ninety days, I was able to raise and attract $2,150,000 in new funding for my real estate deals without asking anybody for money. And since that time, I’ve never missed out on a deal, a real estate deal, for not having the funding, and I got 47 private lenders today that are funding our deals. And in 02/2011, I started traveling the nation. And now these days, I do Zoom presentations, etc., sharing with other real estate investors how they also can get private money for funding of their real estate deals, whether it’s single-family houses. It also works for multifamily deals. And I’m just so passionate about it, and I just love to share with other real estate investors how they can use private money for their real estate deals too. Chris, I don’t know if I lost you, but back to you, Chris.
Dr. Christopher Loo [00:08:06]:
Yeah. And it’s really interesting. I sympathize with you and especially with banking and lending. It’s so inefficient and cumbersome and just time consuming and just, you know, waste everybody’s time when it could be, much more when you learn this kind of this backdoor where you have these either private money lender or you have alternative sources of funding, business funding, like, it just opened your eyes. So next, the follow-up question is just to walk us through what the top qualities private lenders look for in a borrower are, and how do you attract them? And how can real estate investors position themselves to attract private money, especially in this time where we’re in this situation where the interest rates are changing, and we have a new administration, and how people can take advantage?
Jay Conner [00:08:52]:
Sure. One thing, there are three big reasons that private lenders or individuals love this opportunity to invest in our real estate deals. Number one, they make a lot of money. Making a lot of money normally gets their attention. Right? So it’s interesting. I’ve been paying my private lenders the same interest rate ever since 02/2009, while the market has been volatile with interest rate services at that time. I’ve been paying my private lenders 8%. Before COVID came along, the national average on a certificate of deposit at the local bank got down to 0.17%.
Jay Conner [00:09:31]:
About a year ago, you could go down here to First Citizens Bank in Morehead City, North Carolina, where I live, and you could get a 5% interest rate. Today, it’s about 4%, and the rates are on their way back down. So I pay 8%. Of course, that was a whole lot more money than 0.17, and 8% today is still double what they can get in a certificate of deposit. So they make a lot of money. The second reason our private lenders love this opportunity to lend and invest with us is that their principal loan amount to us is secure, and it is safe. So how does it secure and how is it safe? It’s safe because we do we borrow what’s called a very conservative maximum loan-to-value. We don’t borrow more than 75% of the after-repair value.
Jay Conner [00:10:26]:
And then it is secure because we do not borrow unsecured funds. All of our private lenders, along with the promissory notes, actually get a deed of trust or a mortgage, most people call it. And so that promissory note is collateralized so that they’ve got a legal recourse. If we, as the borrower, don’t pay them, they can foreclose on the property, and they get the property. Of course, that’s never happened, but they’ve got that security as well. And then the third big reason that our private lenders love this opportunity is because their investment amount, the value of their investment, the principal loan amount, is not volatile. Then, of course, what am I contrasting this private lending opportunity to? I’m contrasting it to the stock market. If someone invests in the stock market, first of all, they have already lost money.
Jay Conner [00:11:17]:
There are fees. There are commissions. And the value of that investment can be less tomorrow than it is today. On this program with private money, the principal loan amount, the value of that remains the same until cash out, and the lender, the private lender, knows exactly the rate of return, the interest rate that they’re gonna receive. So there’s no guesswork. They know exactly if they put a hundred thousand dollars into a deal. They know that’s an annual percentage rate, by the way. They know that for that year, if they haven’t invested the entire year, they’re gonna earn $8,000 on that hundred thousand dollars.
Jay Conner [00:11:59]:
So those are the three big reasons that our private lenders love this program. They’re gonna make a lot of money. Their investment is secure and safe, and they don’t have to worry about the value just decreasing in that principal loan amount. They know exactly what their rate of return is gonna be. Back to you, Chris.
Dr. Christopher Loo [00:12:19]:
And, kind of so, I love this where you’re talking about the advantages. And one question I have for you is what, because you mentioned you were able in this private money lending. The first thing is talk about is what the difference is for the audience? What is the difference between private money lending and hard money lending?
Jay Conner [00:12:38]:
I’m glad you asked that question, Chris. So there are a lot of differences between hard money and private money. Now in today’s market, you have a lot of smart money lenders that are calling themselves private money lenders, and they’re not the same thing. By the way, I’m not bashing hard money lenders. Some of my best friends in the industry are hard money lenders, and I say you should establish as many relationships as you can. Right? If the math makes sense, do the deal. But here are the differences between hard money and private money. And the list is long, but I’ll give you the main differences.
Jay Conner [00:13:17]:
First of all, a hard money lender is typically a broker. That hard money lender or brokerage has gone out and raised money, capital, from private lenders. And the private lenders have invested in the hard money brokerages fund, and then the hard money lender turns around and lends that out. So a private lender is an individual, a human being that lends money out to other real estate investors either from their liquid investment capital and or from their retirement funds that they currently have. Now there’s this thing called self-directed IRAs. A self-directed IRA company is approved by the IRS to where they are what’s called a third-party custodian. And that self-written IRA company will take individuals’ current retirement funds and allow that individual to lend that money out or invest that money out. And the returns they’re gonna a hard money lender are typically a brokerage or a third party involved in the transaction.
Jay Conner [00:14:31]:
With private lenders, individuals, there is no middle person between us, the borrower, and the individual private lender. So that’s the structure. Now let’s talk about interest rates, origination fees, and etcetera. Hard money lender, typically, right now in today’s market, most are gonna be lending between eleven, twelve, and 13%. Most of them, depending on how long you’ve had the relationship together. Hard money is 8%. Excuse me. Private money is 8%.
Jay Conner [00:15:00]:
So hard money is gonna have a higher interest rate associated with it. Another big difference is origination fees and points. The hard money lender, that’s how they make their money, is by charging points or origination fees. They may be charging three points. If you’re borrowing a hundred thousand dollars, then you gotta take to the closing table, if it’s 3%, three thousand dollars in points or origination fees to pay the hard money lender. In this world of private money, there are no points. Right? There are no origination fees, so you’re still at 8%. Another big difference between hard money and private money is what’s called extension fees.
Jay Conner [00:15:40]:
So, a hard money lender, the length of the note is typically gonna be six months or nine months. And with private money, it’s gonna be two years. So there’s no rush to pay private money off. If you haven’t paid the hard money lender off in six months or nine months, they may extend your note, but what do they want? They want extension fees. They may charge 1%, 2%, or 3% to extend. I know one hard money lender; if you haven’t played them off in nine months, they charge an extra 1% per month for an extension fee. That’s another 12% per year. Unless we have private money, there are no extension fees.
Jay Conner [00:16:21]:
Now what’s another big difference between private money and hard money? And that is how much the lender will advance to you when you purchase. Most hard money lenders are only gonna give you 65% to 80% of the purchase price. You gotta come up with the difference in the form of a down payment. But in this world of private money, you get a % of the purchase. If there’s rehab or renovation involved, you get a % of the renovation cost, and you can borrow up to 100, excuse me. You can borrow up to 75% of the after-repair value. That’s why, and don’t miss this is a big difference. And that is when you’re using private money, when you purchase a single-family house, you get to bring home a big check without taking any of your own money to the closing table.
Jay Conner [00:17:13]:
Who wants to get paid to buy properties? So, since we can borrow up to 75% of the after-repaired value, let me give you a quick little example. Let’s say that you’re investing in a single-family house that’s got a $200,000 after-repair value. If it needs rehab of, say, 30,000 or whatever, you can buy that house, that single-family house, all day long for a hundred thousand dollars, 50 percent of the after-repaired value. But since you can borrow up to 75% of the after-repaired value, that means on that $200,000 after-repair-value house, you can borrow $150,000. That hundred and $50,000 dollars is gonna be wired into your real estate attorney’s trust account. If you buy it for only a hundred thousand, guess what? You get to bring home a big check when you buy that property without taking any of your own money to the closing table. So that’s a big difference between hard money and private money. Hard money, you’re gonna be taking money to the closing table when you purchase.
Jay Conner [00:18:18]:
In this world of private money, you always get to bring them a big check when you buy. Chris, those are just a few differences between hard money and private money. Another big one is that there’s no limit to the amount of private money you can borrow from individuals. There’s no limit to the number of private lenders with whom you could do business. With hard money, there will be a limit to the amount of hard money that you can borrow at one time. And the biggest difference between private money and hard money is who makes the rules? Who is the underwriter? Who is sitting at the length of the note, the maximum loan to value, etc.? Guess what? This is a 80 degree mind shit. You, as the borrower, are your underwriter. Traditionally, institutional lenders, banks, are the underwriters.
Jay Conner [00:19:10]:
They set the rate. They set the length of the note. They set the frequency of payments. They make all the rules. But in this world of private money, as the borrower, we’re not asking for a mortgage. We’re not begging, selling, pleading, trying to persuade, or talking a lender into loaning this money. Instead of asking for money, we are simply offering an opportunity, offering a mortgage, and therefore, we set the interest rate. It’s not negotiable.
Jay Conner [00:19:39]:
The lender’s not setting it. It’s our program that we’re offering. So it’s just this whole world of private money just puts you in the driver’s seat of having as much private money as you want on the terms that you want. Back to you, Chris.
Dr. Christopher Loo [00:19:55]:
Yeah. And I like that really, that synopsis and breakdown. And, you know, again, this is a kind of a twenty, twenty five minute podcast. So if there’s more information, they can check out Jay’s resources, which would be at the end of the show. So, talk about building credibility with private lenders, and how do you find them, and what advice do you have for new investors trying to build trust and credibility and get funding?
Jay Conner [00:20:20]:
Sure. There are three primary categories as to where you find private lenders. Those three categories of private lenders are, first of all, your warm market, your connections, people that are already in your cell phone, people you go to church with, people you are already connected with, people that you already see every week, wherever that may be. So we call that your warm market. The second category of private lenders is what we call your expanded warm market. So I know you will agree that there’s a direct correlation between your network and your net worth. So how can you grow your connections? After a while, you’re gonna you’re gonna run out of your connections. So how can you expand your warm market? I teach other real estate investors how to blow up their connections and expand them very quickly.
Jay Conner [00:21:15]:
But here for the sake of this show, I’ll give you just one very powerful example, and that is Business Networking International, also known as BNI, Business Networking International. Business Networking International was founded by Ivan Meismer decades ago. And even the small towns in America, even here in Morehead City, we have a BNI chapter. There are about 20 members in the group. And here’s the way BNI works. BNI is not a civic organization. It’s not about raising money for charity and other good works in the area. This is a business organization that you can join the local chapter of.
Jay Conner [00:21:55]:
They truly only allow one professional in each chapter. Meaning, there’s only one real estate attorney allowed. There’s only one realtor allowed. There’s only one electrician, one plumber, one HVAC, one general contractor, one CPA, one accountant, a bookkeeping service, and only one essential oil lady. You’re getting my drift. There’s only one person allowed per profession. And so the purpose of being in BNI is to share leads with other fellow members. And so you’re gonna be giving leads of business to your fellow members, and they’re gonna be giving you leads of individuals that are looking for high rates of return to where you can put on your teacher hat, and you can teach people that they refer to you what private money is and how they can get high rates of return safely and securely.
Jay Conner [00:22:53]:
So you got your original warm market, people you’ve already got a relationship with. Then there’s your expanded warm market. These first two areas are where you’re able to teach and share with people what private money is, and they’ve never heard of it before. I’ve got 47 private lenders, and not one of them has ever heard of private money, private lending, until I’ve told them about it and opened this opportunity up to them. The third category of private lenders is existing private lenders. These are individuals, people who are already loaning money out from either their investment capital or their retirement funds to other real estate investors. So where do you find these people? A lot of them have got accounts at self directed IRA companies, self-directed IRA companies. And so 70% of account holders at self-directed IRA companies want to lend money to real estate investors.
Jay Conner [00:23:54]:
So get connected with a self-directed IRA company. You can Google it. Just type in self-directed IRA in your city and state, and there’ll be a company near you. And go to their networking events, and you can network with their account holders who are looking to loan money out. But there’s one caveat that you need to be aware of, and that is you’re not gonna be putting on your teacher ad, teaching those people what private money is. They already know what private money is because they’re already lending it out. So now that’s going to be a negotiation conversation where you are not gonna be teaching them your program. You’re just gonna be finding out what it is that they are accustomed to receiving, and then you all negotiate the interest rate.
Jay Conner [00:24:39]:
So those are the three categories as to where you find private lenders, your war market that you can teach, your expanding war market that you can grow quickly, such as joining BNI, and then existing private lenders that have accounts as self-directed IRA companies.
Dr. Christopher Loo [00:24:57]:
Yeah. And how can people find out more about you? And then we’ll we’ll have we may have you on a future episode because there’s a I wanted to talk about the risk as well. And how can people find you and follow you and learn more about your work?
Jay Conner [00:25:10]:
Absolutely. First of all, Chris, I just launched my brand new privatemoneychallenge.com. That’s www.privatemoneychallenge.com. Furthermore, is that I just finished recording a series of seven videos, and they’re only fifteen to twenty minutes long each. And it’ll give a great foundation of what private money is about and how your listeners can get private money. So I invite your audience, Chris. Come on over and join me. Enroll at www.privatemoneychallenge.com.
Jay Conner [00:25:46]:
And then in addition to that, I just started my eighth year of my podcast. And guess what? I know my podcast is raising private money with Jay Cara. So whatever your favorite podcast platform is, Spotify, iTunes, whatever it is, just go over there and search for raising private money with Jay Conner, and I’m interviewing people twice a week as to how they go about raising private money as well.
Dr. Christopher Loo [00:26:13]:
Awesome. I enjoyed this conversation and so many insights, and thanks so much for coming on, and keep up the great work.
Jay Conner [00:26:19]:
Chris, thank you so much. God bless you.
Narrator [00:26:24]:
Are you feeling inspired by the knowledge you gained in this episode? Then head over to www.JayConner.com/MoneyGuide. That’s www.JayConner.com/MoneyGuide and download your free guide that shares seven reasons why private money will skyrocket your real estate investing business right now. Again, that’s www.JayConner.com/MoneyGuide to get your free guide. We’ll see you next time on raising private money with Jay Conner.
