Private Lending
....Private Income or Public Humiliation? With the boom in the real estate economy over the past two decades it seems as though everyone is looking to make their fortune in real estate; and for every person looking to become a millionaire on the real estate market there are five more who claim that for a low price they can teach them how to do it. There are a number of individuals who have made money on the real estate market and are more than happy to share their vast wealth of knowledge for the right price. The question is, how can you spot the frauds that are competing with these individuals? Private lending can seem like a dream come true to the real estate enthusiast. The concept of being able to obtain money from a private lender rather than having to go through the rigmarole of attempting to borrow money from the bank (and generally sinking a large amount of their own savings account in besides) can make even the hardest heart dance with joy. The problem is, private lending is something that can be obtained by doing careful research and does not necessarily require a mentor to guide the investor through the process. Is it worth it, then, to pay good money for a course to teach you how to purchase homes with private funding? Alan Cowgill’s series of seminars and products would indicate that yes, it is. The owner of Colby Properties, LLC and president of Integrity Home Buyers, Inc., his program offers free ebooks, CDs and a newsletter full of helpful hints and informative links for his students, and strives to build the confidence of the fledgling investor so that they are not afraid to pick up the phone and start making phone calls. The attitude and motivation of a new investor are generally the two key items with the potential to make or break their real estate career. This is not a course for those investors who have already been in the business for thirty plus years and have the art of obtaining money from outside sources down to an art form; although really, if they are interested it never hurts to throw another handful of ideas in the pot. This whole course is primarily designed for those who are infants in the business, taking them by the hand and filling them with courage while at the same time teaching them the ins and outs of the business. Alan Cowgill’s program is one of the few that will actually take the time to focus on the legalities involved in obtaining private funding; many other courses have a tendency to gloss over this issue. The most well known of his programs is his infamous 3-day Boot Camp, during which hundreds of potential investors will gather together to learn the ins and outs of obtaining private funding and will have made their first sale long before they leave the building.
Alan Cowgill teaches his students not only how to make a deal using private lending but how to approach lenders so as to not be dismissed out of hand as yet another fly by night real estate investor. The advantage this can give a novice investor over all the other investors just entering the market justifies every moment spent learning from Alan Cowgill, “America’s #1 Authority on Attracting Private Money”. Just keep in mind that any real estate program typically requires a large amount of leverage (borrowing money) and risk. While leverage greatly accelerates your gains on the way up, it also accelerates your losses on the way down. If you're looking for a real opportunity without all the hype and B.S., then simply join my newsletter and I'll help you avoid the potholes and show you how I work the business of my dreams... it's a lot easier than you think and you can do it too!
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