JF1231: Leveraging Technology To Automate The Money-Raising Process with Craig Cecilio

The Best Ever CRE Show

Best Ever CRE

Entrepreneurship, Investing, Business

4.7 • 996 Ratings

🗓️ 15 January 2018

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

With nearly $1 billion in real estate assets financed, Craig has been quite successful with raising money. One thing that sets him apart from other groups doing the same thing is he leverages technology. His offerings are still 506c but he uses a crowdfunding platform rather than doing one-off syndications for each deal. Using the crowd funding platform allows him to cut out the some of the middle-men and automate much of the process. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Don’t do a deal just because you have to do a deal” - Craig Cecilio Craig Cecilio Real Estate Background: - CEO & Founder of DiversyFund - The founder and CEO of California Coastal Funding Group, Inc. - Participated in development of over 1,000 single family residences as joint venture equity partner, lender or sponsor - Has financed nearly $1 billion of real estate assets, having raised over $100M in debt or equity in last three years - Has developed and managed over $25 million of residential property (renovations and ground-up). - Based in San Diego, California - Say hi to him at: www.Diversyfund.com - Best Ever Book: Law of Success Made Possible Because of Our Best Ever Sponsors:Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
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1:00.6	Promo-G-O-G best ever to get get $100 off your ticket.
1:05.0	You just gotta kind of use reason when you're underwriting something.
1:08.3	Don't do a deal just because you have to do a deal.
1:11.0	And I think that would be my biggest advice.
1:13.2	Best ever listeners before we jump into today's episode got two questions for you and this
1:17.1	is for my fix and flippers out there.
1:19.3	One are your financing costs eating what your bottom line and two are you looking for a way to
1:24.1	increase your overall profits by reducing your loan payments to the bank or
1:28.1	private lender of course you are right you're always looking to maximize the
1:32.0	potential of your deal.
1:34.6	So here's a solution.
1:35.7	We got a solution for you through the crowdfunding platform Patch of Land.
	...

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