Austin Rutherford, is an entrepreneur that has built a 7 figure per year real estate investing business and owns 28 rental properties (doors).
He has raised over $15M in private money and has flipped over 200 houses in the past 5 years using other people’s money to fund his deals. Austin borrowed his first quarter of a million dollars at the age of 21 with zero experience and got the deal 100% funded for his first flip ever.
You can raise private money at any point in your career to either get started in the business or grow what you are currently doing but you need to understand the ins and outs of private money lending and that is what this course is built for!
You will learn everything about how borrowing the money works, where the money goes, the documents that we use, the conversations that we have with private money lenders, where to meet private money lenders, how to talk with them, and the ONE line that will connect you with more potential private money lenders.
Austin’s passion is helping other aspiring entrepreneurs and real estate investors through coaching and mentorship.
Follow Austin on Instagram @AustinRutherfordOfficial and Facebook @Austin Rutherford
Understanding Private Money Lending
What is Private Money Lending? (3:01)
Getting ed (6:32)
Do Nots of Private Money Lending (4:50)
Where Are Private Money Lenders? (6:02)
Conversation ers (12:40)
Raising Private Money Process
Preparing for Talking With a Private Money Lender (2:12)
Your Credibility Packet (9:26)
First Phone Call To Lenders (2:06)
First Call Script (13:26)
Follow Up Call (10:19)
Where Can Private Money Lenders Access Money to Lend Me? (7:09)
Self Directed Retirement Accounts (6:54)
Prime – Tax and LLC Planning
Entity Set Up and Tax Planning (1:11)
Determine if Deal or No Deal and Presenting to Lenders
How to Use the Private Lender Calculator (5:13)
Putting Together a Deal Packet (8:40)
Presenting the Deal Packet to the Lender (13:58)
Documents for Lenders
Documents We Give Our lenders (11:30)
Promissory Note (9:03)
Cognovit Promissory Note (6:48)
Mortgage (7:47)
How Money Flows Through Title on a Purchase (5:40)
How Money Flows Through Title on a Sale (3:53)
Calculating a Lenders Payoff (5:29)
When We Borrow, Our Normal Loan Terms (2:37)
How Lenders Get Paid Back (1:26)
Private Lenders FAQ (17:38)
Bonus – Escrow and Rehab Agreements
When to Use Escrow and Rehab Agreement (5:19)
Escrow Agreement (6:04)
Rehab Loan Agreement (5:28)
Release of Lien (4:16)
Escrow Release (2:39)
Overview of Requesting the Escrowed Funds (4:08)
Bonus Lessons
Real Phone Call With A Private Money Lender (13:06)
Phone Call With New PML (17:01)
Phone Call With Potential PML – Referral (11:59)
Phone Call With Potential PML – Networking (15:29)
How to become “Bankable” (89:32)
Private Money Lending (81:27)
Private Money Lender Secrets (120:07)
Sales and Negotiations (103:04)
Marketing and PML (114:45)
New section
BRRRR – (Get Free Houses) (11:56)
There are no reviews yet.
You must be <a href="https://wislibrary.net/my-account/">logged in</a> to post a review.