Before I released “Private Lending Made Easy: The Advanced System”, private lending wasn’t very common. Most private loans were made between friends or relatives, often on a handshake. So borrowers didn’t need to keep perfect records.

With the release of my magnetic methods, attracting and raising money from private lenders became easy. My protégés quickly had complete strangers fighting to loan them money.

Of course they were thrilled at first. But they quickly became paralyzed by questions. And here’s why. Their banks and hard-money lenders had always handled the necessary computations, paperwork, and tax reporting. Once they started borrowing from individuals, my protégés suddenly became responsible for these things.

But this requires another level of expertise. My protégés didn’t know how to manage the paperwork, or keep accurate books and records. So they flooded me with phone calls, begging me to teach them:

• What documents does the lender get?
• What closing costs are involved?
• Should you give the lender an appraisal?
• How do you deal with a promissory note?
• When do your payments start?
• When does the interest start and stop?
• Do you put a mortgage on the house?
• Do you handle the lender’s money personally?
• How do you set up a second mortgage with another lender (if the first lender isn’t funding your rehab costs)?
• How do you handle IRA money so it stays in the lender’s IRA)?
• How do you handle escrow money, year-end 1099s, and other tax paperwork that will affect you and your lenders?

I knew that creating a wealth management system was a big commitment. So I checked with my colleagues and competitors. I even combed the Internet, praying that this information was for sale somewhere. But it wasn’t.

So I locked myself in my office for two months, had my secretary screen most of my calls, and worked morning until midnight creating the next pillar of my system: “Private Lending Made Easy: The Wealth Management System”.

The Wealth Management System gives you the intelligence of a banking insider. It’s the first and only system of its kind. And it gives you the power to manage a limitless amount of private money with the competence of a seasoned banker.

Since this knowledge is essential to anyone raising money from private lenders, the Wealth Management System is divided into three sections.

• The six documents you must provide every lender.
• The secret to getting a property appraised for its “after repaired value” – so you can borrow enough to pay for the property, the renovations, and even receive part of your future profit in advance.
• How to make your payment structure crystal-clear, so you never wind up in a stressful dispute with your lenders.
• Which papers you must fax to your insurance company and closing agent. Forgetting any one of these papers could delay your closing, and cost you the property you’re trying to buy.
• 12 crucial steps to getting repeat business and referrals from your lenders. Once you’ve got an army of loyal lenders, you won’t need to keep advertising.
• How and when to take your lender’s money and handle the repair funds. Doing this wrong could result in continued deterioration of the property, financial complications, and a bad breakup with the lender.
• How to get a firm commitment, even if you don’t have a deal ready to secure the prospect’s loan.
• If you offer interest payments to any of your lenders, learn to streamline the check-writing process – so it doesn’t snowball into a huge time-consuming burden.

• Close escrow correctly so that your lender can reinvest his money.
• Avoid burning bridges with your lenders – especially when a closing is delayed or a deal falls through.
• Make monthly or quarterly payments without creating negative cash flow.
• The eight items you must include in your payoff letter, and a sample payoff letter
• New lenders vs. ongoing lenders: find out which lenders to give priority to (and why), when too many people want to loan you money.
• Who should send a check to your lenders… you or your closing agent?

Let me give you an example. When a certain Florida lady got laid off from her corporate job, she had $720,000 IRA. But it was frozen. She couldn’t touch it. As a result, she wound up broke; she had to sell her car and walk everywhere!

However, using the strategies below, an investor friend of mine helped her release that IRA money, so she could loan it to him. In this million-dollar guidebook, you’ll learn to:

• Work with Custodians (i.e. Third Party Administrators) who function as intermediaries between you and your lenders.
• Which Custodian I use and recommend. Since most of my protégés use my Custodian, I also break down their departments and tell you which department will help you with which items.
• Set up a Custodian account for new lenders.
• Borrow additional IRA money from a lender who already has a Custodian account with you.
• Handle paperwork correctly when using IRA money – so you never upset your lenders. Screwing this up can wreck your reputation.
• Crucial instructions to give your lenders.
• Samples of the forms you’ll receive – and step by step instructions on how to fill out each one:
  • Traditional IRA application
  • Account Transfer and Rollover
  • Payment coupons
  • Contribution form
  • Direction Of Investment

In short, I’ve included all of the key documents, forms, and reports you’ll need during your career so you’ll never have to waste time struggling to create your own.

This intelligence is vital to anyone raising money from private lenders.

Think of all the executives who are retiring, quitting, or being downsized. The money in their pension plans, profit sharing plans, and 401K plans has been mushrooming for years (tax free), but it was always frozen.

Now that they’ve left their jobs, they can roll all of their retirement funds (often hundreds of thousands of dollars) into IRAs that are self-directed. Then they can loan the money to you!

• Checklist for purchasing a property. With the 21 bullets on this checklist, you’ll never blow a deal because you overlooked small-but-crucial details. And if you have a staff, I’ll show you which items I delegate to which of my staff members.
• My borrower-friendly promissory note. Naturally, my version protects us borrowers better than the standard promissory note. You’ll receive two versions: one with the blanks filled in, and a fresh version ready to use.
• Sample payoff letter. When you structure a loan so that interest accrues, this letter shows you how to calculate the correct pro-rated interest, once you’re ready to pay your lender off.
• The key indicator report. In a year-to-date format, it shows how many lenders you have, how much money they’ve loaned, how much equity you have, what your average profit margin is on sold properties, how much you’re earning in positive cash flow, and more.
• Detailed lender report. Shows which properties secure each lender’s money, the size of your monthly interest payments (if applicable), how much of each loan you’ve paid off, how much you still owe, and more.
• Private lender / property list report. Similar to a “list view”, this report shows all of your lenders, how much they’ve loaned, and which properties secure their loans.
• Money in queue report. Shows which lenders are waiting to loan you money, which are new, which are repeat lenders, and how much money each has to loan you.
• Closing schedule. Shows when you expect to sell specific properties. Together, these reports give you a snapshot of your financial health.
• Annual 1099, 1098, and 1096 reports. Never get hassled by the IRS for improper tax reporting. Learn the fast and easy way to generate these reports with QuickBooks. I break it down into 14 easy steps. I even provide samples so you can see how I fill them out.

Best of all, Component #2 includes a companion audio CD. Give it a listen. It’s like having me at your side, walking you step by step through each form.

On one of the exciting Audio CDs, you’ll learn how to make IRAs happen. This knowledge will open up a whole new market of potential lenders for you. On this CD, you’ll learn how to:

• Get a database of local folks who have IRA accounts (with names and addresses ready to be printed onto labels), and motivate them to attend your luncheon.

On the other audios, you’ll hear how to…

• Pile up money from these lenders so it’s available “on demand” as you close deals. Then wield your all cash position to negotiate rock bottom prices on everything you buy.

• Make your luncheons so effective that people who attend, but don’t have liquid assets, will remember and return to you years later, once their money is liquid.

• How long most lenders want their money earning interest before it’s paid back… and how to appease lenders who feel they’ve been paid back too soon.

• How to earn the confidence of brand new lenders, so they become eager to loan you much more than the original “trial amount”. Thanks to this technique, my first private lender has steadily redoubled his loans to me. I now have seven times his original investment, and his wife has loaned me most of her IRA money too!

• And much, much more!

Like I said, before I developed the Wealth Management System, my protégés were crippled by questions. They were raising lots of money, but didn’t know how to manage the paperwork, or keep accurate books and records.

Please don’t leave yourself in this position. If you borrow money without this banking intelligence, it’ll catch up with you. And while you hunt for the answers you need (which aren’t easy to find), your lenders could get impatient and have second thoughts about you.

Damage to your relationships can’t be reversed. So please don’t run out to your friends asking for loans, only to mismanage their money and jeopardize your relationships.

Best of all, you get to profit from my groundbreaking system risk-free for 30 days. That’s why my office staff has been pressing me to raise the price of this package to $1,197.

But I’m delaying the price increase for now. The price is still just $697. And there’s no need to decide until 30 days from now. In a minute, I’ll fully detail this risk-free trial offer.

NOTE: If my methods were leaked to the entire real estate community, you and I (and my other protégés) would lose our unfair advantage. That’s one reason I never discount Private Lending Made Easy^SM. This high price helps our privileged circle maintain its unfair advantage.

It’s also why I require every customer to sign a non-transferable license when ordering. You’ll be allowed to reproduce my ads, marketing tools, and CDs for yourself and your own staff – but not for other real estate investors. This is my insurance, and yours, that only my protégés are privy to these secrets.

When you borrow from private lenders, you’ll cut your closing costs in half – starting right now and for the rest of your life.

For example, the last time a bank loaned me $100,000, I had to cough up $1,500 in closing costs. If I’d borrowed the same $100,000 from a hard-money lender, I would’ve been charged $5,000 in padded fees and points.

However, when I borrow the same $100,000 from a private lender, I only pay for the title search, attorney fees, and recording fees. That’s it. My closing costs fall to a modest $800 – half of what a bank would charge.

Depending on the size of your average loan, the savings on your first loan will exceed your investment for The Wealth Management System. Beyond that, you’ll enjoy reduced closing costs for years to come. And you’ll be able to finance your closing costs into your loans. So you’ll have no out-of-pocket costs!

I want to work with folks that take action because I know they are the successful folks. So for a limited time I’ll reward them with the following bonuses.

SEC Compliance Questions & Answers. A $99 value

Kathy Kennebrook’s "Finding Motivated Buyers and Sellers for Self-Directed IRAs" e-Book. A $49.95 value

Kathy Kennebrook’s "Creating Wealth Using The Power Of Auctions" e-Book. A $29.95 value

Special Report How to Avoid Minefield & Eliminate ANY Chance of Failing 21 Key Items when you Loan Out Your Money A $99 value

P.S. Act now, because I can pull this incredible offer at any time!