How would you like access to $600,000 in no-fee, no-points funding to use for FAST, EASY DEALS? If you want to know how it works (and how the lender is actually on YOUR SIDE instead of being in the government’s pocket), you can’t miss today’s episode. I’m Carole Ellis. This is Episode 26.
How would you like it if I could make something that is wayyy too good to be true (like that 600K in no-fee no-points funding) TRUE for you? I HOPE given that you’re all savvy real estate investors who know what they could do with that kind of investing freedom, you’d listen up. I interviewed a very interesting guy to get this information and this access for you, REI Nation, and I think you’re going to like what he had to say and what it means for your ability not just to fund your deals, but to a LOT of them starting very soon.
Let’s cut to the chase. My investor guest has been working in real estate for decades, and he’s pretty darn good at what he does. If he wanted to, instead of his cute little family on that “who I am slide” we all know and love, he could throw some sexy cars, his private plane, and a pile of cash on the screen and it would be nothing more than the truth. However, this guy is not like that, which is one reason I know you’ll like him. The other reason, however, is that he offers a fantastic financing opportunity. Let’s explore that now.
As an aside: I’m not going to give you this guy’s name. He’s a very cautious fellow, in part because his financing plan is a DIRECT RESPONSE to the federal government’s legislative abuse of power, called the Dodd-Frank Act. Dodd-Frank came very close to putting thousands of real estate investors out of business, and it did do in a number of others. My guest read the entire thing, paid for his legal team to read the entire thing (and you know that wasn’t cheap) and then came up with a solution that enabled him to keep supporting his students with real, solid proof-of-funds when they needed it and leveraged some “Good old American ingenuity,” as he calls it, to beat the government at its own game.
Here’s what he said about why this funding is so important to him:
“First of all, I read the whole Dodd-Frank law, and it’s huge,” he told me, adding that the legislation ultimately would put any transactional lender’s “head on a stick” just for offering an investor the chance to use money for 24 to 48 hours without qualifying or concerns about income as long as the deal was solid and do it for measly 2 points. “Put that in front of any real estate investor and they’ll be thrilled, it’s a no-brainer, but put it in front a bureaucrat who doesn’t know what they are looking at and only cares about being re-elected and making an example of someone so that they can walk around with a head on a stick, “and that head on a stick is mine,” he said bluntly.
Ultimately, our guest decided to change his entire business model, and if he had not opted to try to find a way around Dodd-Frank, that change would likely have meant the end of hundreds of investors who relied on his funding. Fortunately, by applying a little creative thinking, was able to identify a method that works and it has really started to shake things up in the industry. “We no longer charge any fees on the funding for our clients,” he said, noting that instead they pay a “nominal set-up charge” that also includes access to a four-point system that reliably creates predictable success for the investors who leverage it.
“We’re severe market disrupters,” he told me proudly, noting that no other professional in the space is offering this type of program at this time. He explained that the set-up fee offsets the expenses of the lending and the overhead associated with managing the funding on the deals, and then he did something most guys wouldn’t: he broke it down in detail.
“When we fund a deal, the actual process of that if you take overhead out of the equation, there is no cost to us to do that other than a wiring fee which is nominal. Other than overhead, there is really no real cost involved so as long as I can cover my overhead with that setup charge now and at the end of the year have a reasonable profit, I’m happy,” he said.
Now, as you can see, he’s laid it all out there. Why he doesn’t charge fees, how he still makes money, where the fees go and how that supports your real estate as well as his, and how YOU use that no-fee funding to make money! Now, one last thing. This program is a PILOT PROGRAM, which means it is limited in scope and time of offering. You hear this all the time, but in this case, when our guest says “space is limited” it’s true, and here’s why, in his words:
|“Number one is that it is a pilot program and I want to continue to watch it. It is like when if you have a young kid and you are at the pool and your child goes in the pool and I’m a dad. Your child goes in the pool and the child is young and maybe has only recently learned to swim but they are very independent and they want to be left alone. They don’t want you coddling them, are you going to take your eyes off that kid? ABSOLUTELY NOT. Your back teeth could be floating you have to go to the bathroom so bad and you are not moving.”
I think all of us with kids can identify with that. But here’s the other reason, and I think you’ll agree it makes sense.
Secondly, he said, when you make an offer like this and people understand the value of it, it is certainly possible that you could attract a lot of clients. That’s great in most cases but in ours it is not because we are not set up to handle it. We don’t have the capacity to handle a large number of clients. I don’t have a big huge business. What I have is a great business. One where our customers are treated the way we want to be treated and where we know our customers and they know us and they are not just a number to us. I don’t have the capacity to take that kind of care to provide that level of support to a large number of people. We just simply cannot. If we did, it would backfire and I won’t let that happen.
So there you have it folks. The TRUTH behind no-fee, no points funding. It doesn’t get any clearer, more bare bones than that. Now if you’re intrigued and excited about what my guest talked about (or hey, if you just can’t stand the secret and want to know who he is once and for all), then head over, right now, to www.REI.Today/FUNDING600 to sign up for all the information on THIS new program and the associated training and tools that produces, time and again, successful, predictable results for real estate investors like you. That’s www.REI.Today/FUNDING600. You heard the man: this program IS a pilot program and WILL CLOSE. You know how many people can get on a webinar! Don’t miss this opportunity, REI Nation, and please, always remember this:
Your best investment is your own education.
Carole Ellis is the host of Real Estate Investing Today, a popular 9-minute daily podcast focused on educating real estate investors about the important topics that will make their investing SAFER, FASTER, and MORE PROFITABLE. She's also the editor of the Bryan Ellis Investing Letter. She has more than a decade's worth of experience in and reporting on the real estate industry and, additionally, has written dozens of courses on the topic. Carole lives in Kennesaw with her husband, Bryan, and four children. She believes wholeheartedly that your best investment is always your OWN education.