Episode 321
How to Buy Property Without Using Your Own Money with Jay Conner
Jay Conner began investing in real estate in 2003. At the start of his career, he relied on his local banker to fund his deals and was able to put together a few deals. However, that meant coming up with large down payments, paying origination fees, signing personal guarantees, and playing by the bank's rules. After years of feeling owned by the bank, Jay learned how to buy properties using creative financing, including ”buying” subject-to existing notes, using lease options, and seller financing.
After the market crashed in 2008, his banker closed his lines of credit without notice. As “coincidence” would have it, Jay learned about the world of private money in less than two weeks of being cut off from banks. He developed his own system for securing millions of dollars in funding for real estate deals. Jay refined his private money system until it was repeatable and dependable. When he put his system to the test, his first private lender gave him $250,000.
In less than 90 days, Jay raised $2,150,000 in private money. As a result of losing his line of credit, Jay found it was a huge blessing in disguise. Jay's unique system allows him to enjoy 7-figure profits year after year. He also has the freedom to work less than 10 hours per week in his real estate investing business by leveraging the power of automation.
We chat about:
- How to Buy Properties Without Using Any of Your Own Money
- How to get 3 Big Checks on Every Real Estate Deal
- How to Fund Your Deals with Self-Directed Retirement Accounts
- How to Acquire Unlimited Funding for Your Real Estate Deals Regardless of Your Credit, Income, or Experience
Connect with Jay Conner!
- Website: JayConner.com/moneyguide
LIKE • SHARE • JOIN • REVIEW
- Website
- Join the REI Mastermind Network on Locals!
- Apple Podcasts
- Google Podcasts
- YouTube
- Spotify
- Stitcher
- Deezer
SUPPORT THE SHOW!
- Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
- Get Exclusive Content on Patreon! • https://www.patreon.com/reimastermind
- Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
- Website
- Join the REI Mastermind Network on Locals!
- Apple Podcasts
- Google Podcasts
- YouTube
- Spotify
- Stitcher
- Deezer
- Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
- If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
- Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
- Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
- Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729
