Easy Beginner Strategy -- How To Joint Venture On A Deal | Subto Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 β’ 586 Ratings
ποΈ 10 November 2023
β±οΈ 9 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Summary
On today's Wholesale Hotline Podcast (Subto Edition), Pace Morby breaks down how to make money if you are just starting and have no money.
Show notes:
- Pace breaks down "Gator Lending".
- How to potentially make massive profit by lending low amounts of money
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Transcript
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| 0:00.0 | You're listening to the sub two break house with place more beyond the wholesale hotline podcast. |
| 0:13.0 | What we're going to talk about are some really cool ways that no matter who you are, |
| 0:16.9 | no matter what resources you have, you can actually become a gator lender. |
| 0:21.5 | And tonight, the main topic is either A, how do I find gator lenders or B, how do I become a gator lender? Because I feel like if I'm brand new to real estate and I don't even have money for wholesale and marketing and all that kind of stuff, I actually can become a gator lender and you're going to go, wait, I'm 18 how do I do that wait I've never been a lender wait I don't have enough money I'm |
| 0:40.6 | gonna show you guys exactly can become a gator lender and you're going to go wait i'm 18 how do i do that wait i've never been a lender |
| 0:38.7 | wait i don't have enough money i'm going to show you guys exactly how this is done so this is the |
| 0:43.4 | personality types do a little screen share for you here's the personality types let's go through them one |
| 0:48.0 | more time we've got the whale right and the dolphin so the whale leave me alone pay me my returns |
| 0:53.7 | i'm not in business of making money i'm in the business of preserving money they're |
| 0:57.0 | usually at seven to 10% there's all the details of them then we've got the |
| 1:00.9 | dolphin completely different personality completely different place you find |
| 1:04.6 | them completely different interest rate completely different goals swimmer |
| 1:08.3 | most of my investors that invest with me are actually swimmers people that |
| 1:12.0 | invest with me specifically because they want to learn my deals how i'm finding them how i manage them |
| 1:16.7 | what my team is doing sharks there are sharks out there that are lending money these are people |
| 1:22.9 | that are doing deals already but they don't have enough deal so they're lending money and getting to |
| 1:27.3 | other people's deals okay now a gator a gator lender is a transaction deals already, but they don't have enough deal so they're lending money and getting to other |
| 1:27.5 | people's deals. Okay. Now a gator, a gator lender is a transactional lender, somebody who's funding |
| 1:33.3 | on a transaction very quickly. They're coming in and getting chunks. You guys notice there's not |
| 1:38.6 | really an interest right here because they are lending based on chunks. They make a lot quickly and they do a ton of transactions. |
| 1:47.0 | They're in and they are out. So let me tell you a couple of four instances. I've got a handful of |
| 1:51.6 | these deals going on right now. Multiple ways that you can be a transactional lender or a gator lender. |
... |
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