PMA 3/5/25

Jay and his team review and respond to audience takeaways and "ah-ha!" moments from the February live event.

[Below is the replay from the live Zoom call chat.]

00:01:34 Gail Perry Grinkevich: Jay froze
00:02:14 Gail Perry Grinkevich: I'm getting rain and thankful it isn't more snow up in Northern NJ
00:03:04 Rick Meyer: We had a blizzard last night.
00:03:53 Gail Perry Grinkevich: Replying to "We had a blizzard la..."

Where are you Rick?
00:06:08 Gail Perry Grinkevich: Securities laws might apply too with International Investors too
00:14:52 Paul Jones: Same story- went from engineer to social work and now real estate
00:18:39 Chaffee-Thanh Nguyen: Reacted to "Same story- went fro..." with ❤️
00:21:31 Steven B Platt: NROD
00:23:51 Paul Jones: So you would hold until it is not upside down?
00:28:07 Angela & Gerald Belton: A-ha: Raising and attracting private money is about serving, not sales.
00:29:53 Ted Keller: Do you need to use an attorney for a subject to and did you say the deed transfers to you?
00:35:36 brian lucy. 719-201-5889: You can get everything in life you want if you will just help enough other people get what they want. zig
00:38:47 Steven B Platt: Subject to you get a deed. Rent to Own you do not
00:39:00 Paul Jones: Can you use more than one private lender if the usual purchase price in my area is over $630k?
00:40:31 Dez/He/They/She . SolFlowers Holistic: And an option fee is not part of the down payment, nor purchase price
00:42:15 Paul Jones: Replying to "Can you use more tha..."

Thanks
00:44:05 Keith Goforth | AI Media IQ: Replying to "Can you use more tha..."

How do you sell private lenders on being in a junior lien position if you needed to bring in additional funding? (Most want 1st position for security). Can you structure an LP and issue % shares to each investor based on there allocation placement?!?
00:44:49 Paul Jones: Replying to "And an option fee is..."

So that option collected should go into an escrow?
00:45:19 Ted Keller: With a subject to how do you communicate with mortgage co. re: taxes, escrow increases, etc.
00:47:43 HOME PC DIAZ’s iPhone: How to pitch private lending to construction workers. They have $20,000 to $200,000 to invest
00:48:51 Jennifer Guthmiller: Replying to "How to pitch private..."

teach vs pitch is what we discussed the other day
00:49:06 Steven B Platt: If there is a problem with a Bank with subject to, transfer the property into a Land Trust.
00:50:25 Angela & Gerald Belton: Replying to "How to pitch private..."

You are offering them an opportunity to make higher returns safely and securely backed by real estate.
00:51:24 Alton’s iPhone: Is it pros or cons being a real estate agent using private money? Like being able to earn an extra profit selling a fix and flip to an end buyer?
00:53:50 Keith Goforth | AI Media IQ: Looks like this question got missed: How do you sell private lenders on being in a junior lien position if you needed to bring in additional funding? (Most want 1st position for security). Can you structure an LP and issue % shares to each investor based on there allocation placement?!?
00:54:05 Angela & Gerald Belton: Replying to "Can you use more tha..."

@Keith Goforth | AI Media IQ we offer a higher percentage rate for junior lien positions. In general, we offer 8% to 1st position and 10% to 2nd, etc.
00:54:15 Angela & Gerald Belton: Replying to "Can you use more tha..."

And we don't sell.
00:54:15 Eric Kayanek: Excellent job Cystal!!! Thank you!
00:54:29 brian lucy. 719-201-5889: Just disclose
00:54:45 HOME PC DIAZ’s iPhone: Replying to "How to pitch private…"
I’m a paid member. What is the site / portal to open the Jay videos ?
00:55:19 Alton’s iPhone: Good enough for me. Thanks
00:56:20 Dez/He/They/She . SolFlowers Holistic: @Coach Crystal @Chaffee-Thanh Nguyen Thank you for the session!! I have to get off now.
Bless you all! ~Attract, don't chase!
00:56:27 Chaffee-Thanh Nguyen: 808-252-2927
00:56:44 Coach Crystal: [email protected]
00:58:03 Coach Crystal: June 25-27; Live Event
01:00:18 Gail Perry Grinkevich: Thanks, I have to run.
01:00:23 Coach Crystal: Theprivatemoneyconference.com
01:00:42 Coach Crystal: Next PMA- Wednesday, March 26, 2025
01:01:50 Theresa Petrungaro: Thank you!! Great information!
01:02:03 Ted Keller: WELL DONE!
01:03:28 Paul Jones: thx