Questions to ask for Coaching

1. I’m new to the area, don’t know anyone, how do I find private lenders?

2. Can I send postcards or letters to folks I know, or don’t know, to ask if they would be interested in lending me money to buy Real Estate?

3. How do I find investors when I don’t know anyone that has money?

4. My family lives out of state, can I use them as private lenders to buy property in my state?

5. If I have one or more private lenders do I have to register with the State or Federal SEC?

6. What should I pay someone for the use of their money (ex. interest rate, points, part of the deal)?

7. When do I take the money from my Private Investor?

8. How do I get the funds to the closing table?

9. How do I create a presentation when I’ve not purchased any properties yet?

10. I have no credibility, how do I get someone to loan me money?

11. Do I need to create a company to purchase a property with funds from a private lender?

12. What type of company is best?

13. Do I need to create an entity for each property?

14. Is it necessary to put each property into a land trust?

15. Who should I get to be a trustee?

16. How do I get someone’s IRA money to use to acquire property?

17. How do I get the lenders money moved to a custodian that will work with real estate?

18. Which custodian is better to use for handling private lending for real estate?

19. What do I tell someone that wants to give me money immediately, before I have a house or closing?

20. How long should I keep the lenders money?

21. How do I find properties worth buying?

22. How do I tell if it is a good deal or not?

23. What is the best way to estimate what repairs are needed?

24. I need large $ amounts to buy property in my area (ex. $500k to $ 1mil.), how do I find lenders with these type of funds?

25. I’m interested in buying commercial property and need large $ amounts, can I still use private lenders?