Profit First Strategies with Jay Conner: The Power of Private Money

There are 15 reasons to love about borrowing private money over traditional money. One of them is making your own rules for your private money.In this episode of Profit First for REI podcast, Jay Conner, a nationally renowned real estate investor and the king of private money. He talks about how private money works.Jay helps you get your money from private lenders and will share with you the mindset that will get you money in the door without you ever having to worry about it. Listen and enjoy the show! Key Takeaways:[01:01] Introducing Jay Conner[05:00] Introduction to private money[08:30] The Great News Phone Call[11:23] Why don't you use your own money?[13:18] Maintaining relationships with private lenders[15:40] Private money vs traditional money[22:05] Things that make them want to recommend you[25:18] Advice for real estate investors[29:01] Connect with Jay ConnerQuotes:[07:34] "If you are talking about private money and raising private money with an individual and you got a deal for them to fund, you already sounded desperate."[12:07] "If you want to scale your business, private money is the way to go." [16:05] "In this world of private money, we make the rules. We set the interest rate, we sent the length and all of that."Connect with Jay:Website: https://www.jayconner.com/book-details/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David