Episode 15: Raising Private Money
Dennis Henson is President of Vanguard Marketing and Investments, Inc. and the AREA (Arlington Real Estate Association of Investors. He is the inventor of “EvaluateMyDeals.com”, and the author of “Becoming Wealthy in Real Estate” an Investor’s Guide to Riches.
Dennis is an expert at controlling property for profit without taking a title, along with many other creative techniques he teaches in his program. He has over 38 years investing in real estate, and has completed numerous and profitable real estate transactions throughout the Southern United States.
He specializes in single family investing, but his complete knowledge of real estate expands with Options, Rent to Own, Land Contracts, Contracts for Deeds, Pre-Foreclosures, Foreclosures, Bankruptcies, Probates, Subject To’s, Wrap Around Mortgages, Seller Carry Back Notes, Land Trusts, Leases, and learning how to design creative financing are just a few subjects offered to his students.
Dennis stays on the cutting edge of his trade by actively seeking out and teaching the latest innovative ideas in real estate. As a mentor and teacher, he has helped hundreds of investors get to the right start within this business. He also works with experienced investors helping them take their business to the next level.
Regardless if you a new, or experienced investor, your ability to make money buying and selling, or buying and holding Single Family real estate lies in your knowledge, and implementation of the “The Seven Secrets of Successful Real Estate Investing.”
What you’ll learn about in this episode:
- The seven secrets of real estate investing
- Why there’s more money out there than you will ever need
- The 12 ways to get money
- The downside of getting conventional loans
- The upside of private money
- Why you shouldn’t borrow more than 65% of a property’s value
- The biggest mistake people make when looking for private money
- Why you can’t feel like you’re taking advantage of the people you’re borrowing from
- What private money is
- How to find private money
- Why you have to exercise your “asking for private money” muscle
- Why Dennis goes to country clubs and Bass Pro Shops to find private money lenders
- Why you should talk to CPAs and attorneys
- Why giving someone your card is not enough
- Why you need a coach — and make sure it’s the right one
Fund and Grow