If you live in Texas you have 42 investor clubs to Help You Achieve Success

===> http://www.creonline.com/webinars/Jim/ <===

Real Estate Investment Club of Austin (REICAUSTIN) http://www.reicaustin.org Contact: Ashton C. Mouton, Jr. Telephone: (800) 844-9639 ext. 6025 When: 2nd Tuesday of each month, 6:30pm Where: Double Tree Hotel, 6505 IH-35 North, Austin The Realty Investment Club of Houston http://www.richclub.org Contact: Charles Chin Telephone: (713) 947-7424 When: Monday through Saturday, 9:00am Saturdays, 7pm Weekdays Where: RICH Conference Center, Houston Wealth Builders of Houston Contact: Jim Kennedy Telephone: (713) 903-7777 When: 3rd Thursday of the month, 6:30pm Where: Crown Plaza Hotel Restaurant, 2222 W. Loop South, Houston San Antonio Real Estate Investors Association (SAREIA) http://www.sareia.com Contact: Orlando Rodriguez Telephone: (210) 666-4742 When: 1st Tuesday of each month, 6:00pm Where: 2379 NE Loop 410, Ste. 15, San Antonio South Texas Real Estate Investors Association Contact: Mark Pantak Telephone: (832) 766-6997 When: Sundays (varies), 4:00pm (varies) Where: Varies, see our Meetup Group, Houston Houston House and Apartments Investing Group http://www.meetup.com/HoustonHousesandApartmentsInvestingGroup/ Contact: Mark Pantak Telephone: (832) 766-6997 When: Sundays (varies), 4pm (varies) Where: Varies, see our Meetup Group, Houston REIC of San Antonio Contact: Gary Young Telephone: (210) 310-2920 When: 1st Thursday of each month, 9:00am Where: 7500 Paradise Rd. (off Walzem Rd.), San Antonio Austin Real Estate Networking Club http://www.austinrenc.com Contact: Shenoah Peck Telephone: (512) 853-9522 When: 3rd Thursday of each month, 7:00pm Where: Norris Conference Center - 2525 W. Anderson Ln., Austin A-1 REIO-FW http://www.REIO-FW.com/ Contact: Jimmy Reed Telephone: (817) 731-0120 When: 2nd Thursday of each month, 6:00pm to 9:00pm Where: Botanic Garden, 3220 Botanic Garden Blvd., Fort Worth Rio Grande Valley Real Estate Investors Assoc. (RGVREIC) http://www.rgvreic.com Contact: David Fair Telephone: (956) 631-4361 When: 2nd Thursday of each month, 7:00pm to 9:00pm Where: Best Western Hotel, 415 S. International Blvd., Weslaco Central Texas Investors Club Contact: Rick Gossett Telephone: (254) 776-5888 When: Last Monday, 7:00pm Where: AG Title Conference Room, Second Floor, 1227 N. Valley Mills Dr., Waco #1 REIO-FW Contact: Jimmy Reed Telephone: (817) 731-0120 When: 2nd Thursday of each month, 6:00pm to 9:00pm Where: Inn Suites, 2000 Beach St. & I-30, Fort Worth Real Estate Investment Organization (REIO) - Amarillo Contact: Johnny, Becky, or Amy Horton Telephone: (806) 655-7976 When: 3rd Thursday of each month, 6:30pm Where: Amarillo Association of Realtors Building, 5601 Enterprise Circle, Amarillo Brazos Valley Real Estate Investors Club http://finance.groups.yahoo.com/group/bvreic/ Contact: Chris Bounds Telephone: (979) 676-1287 When: TBA Where: see web site, College Station Clear Lake Investment Club, LLC Contact: Marilyn Smith Telephone: (281) 335-3938 When: 3rd Saturday of each month, 9:00am Where: Ryewater, Houston Southeast Texas Realty Investment Club Contact: John Polk Telephone: (409) 769-3264 When: 2nd Monday of each month, 7:00pm Where: Elegante Hotel, Beaumont Houston Association of Real Estate Investors (HAREI) Contact: Jerry Davis/Roderick Lightfoot Telephone: (832) 594-5488 or (832) 724-7430 When: 2nd Saturday of each month, 9:30am to 1:00pm Where: 3050 Post Blvd., 2nd Floor Conference Room, Houston HEB Cashflow Contact: Mike Telephone: (817) 685-7574 When: Wednesdays, 6:00pm Where: 230 Vine St., Euless Free Woman Real Estate Investment Group Contact: Dawn Jordan-Wells Telephone: (817) 614-6904 When: 1st Monday of each month, 7:00pm Where: Golden Corral, North Richland Hills REIoSA http://www.reiosa.com Contact: Rick Hernandez Telephone: (210) 379-1636 When: 1st Thursday of each month, 6:00pm Where: Little Italy Restaurant, San Antonio AREA - Arlington Real Estate Association of Investors Contact: Dennis Henson Telephone: (817) 371-8658 When: 4th Saturday of each month, 10:0am Where: Chase Bank Bldg., 1301 S. Bowen Rd., Rm. 301, Arlington Real Estate Investors Training Club http://www.REITC.com Contact: Chapter Manager Telephone: (972) 642-6600 When: 2nd Tuesday of each month, 6:30pm Where: TBA, see website, Dallas Texas Real Estate Investors' Circle Contact: Iain Day Telephone: (214) 503-7509 When: 2nd Wednesday of each month, 6:00pm Where: Crowne Plaza Suites, 7800 Alpha Rd., Dallas El Paso REIA http://www.meetup.com/El-Paso-Real-Estate-Investors-Association Contact: Mark Pantak Telephone: (832) 766-6997 When: Last Thursday of each month, 7:00pm to 9:00pm Where: Varies (contact us), El Paso IN-POWER Real Estate Investing Club of San Antonio Contact: Angel Rodriguez Telephone: (210) 707-0473 When: Last Saturday of each month, 9:30am to noon Where: San Antonio http://www.sanantonio.gov/library/branch/igo.asp North Texas Association of Real Estate Investors http://www.nthousingproviders.com Contact: Roger Hodkin Telephone: (214) 769-1473 When: 3rd Thursday of each month, 6:30pm Where: Crowne Plaza Hotel, LBJ Fwy. (635) at Coit Rd. exit, Dallas Dallas Fort Worth Real Estate Investors Club http://www.dfwreiclub.com Contact: Greg Wilson Telephone: (817) 683-7100 When: Every Saturday, 9:00am Where: Diamond Oaks Country Club, Fort Worth Lindale Taylor Real Estate Investors Contact: Roger Paschal Telephone: (817) 401-1767 When: 4th Monday of each month, 7:30pm Where: Spring Creek BBQ, Tyler NewTexMexReia Contact: Mark Pantak Telephone: (832) 766-6997 When: Last Wednesday of each month, 7:00pm - 9:00pm Where: Varies between Las Cruces, NM & El Paso, TX West DFW REI Group Contact: Tim Cook Telephone: (817) 599-8058 When: 1st Saturday of each month, 9:30am - 11:30am Where: Granny's Kitchen, Weatherford South East Texas Real Estate Investors Association http://www.meetup.com/Southeast-Texas-Real-Estate-Investor-Association Contact: Eric Gradney Telephone: (832) 766-6997 When: Varies, 6:30pm to 9:30pm Where: Beaumont West Texas Real Estate Investment Association Contact: Flower De Raadt Telephone: (432) 363-5REI (5734) When: 1st Thursday of each month, 7:00pm Where: Atmos Energy - Community Room, Midland El Paso Investors Club Contact: Lacy O'Leary Telephone: (915) 861-7160 When: 1st Tuesday of each month, 6:30pm Where: Holiday Inn Sunland Park, El Paso East Texas Real Estate Investing Group "East Texas REI" http://www.meetup.com/EastTexasRealEstateInvestors Contact: Roger Pascal Telephone: (817) 401-1767 When: TBA, see website Where: TBA, see website, Tyler PROFIT Club Contact: Ryan Webber Telephone: (806) 336-7295 When: 3rd Tuesday of each month, 6:30pm Where: 5th Seasons Inn, I-40 West, Amarillo Corpus Christi Real Estate Investment Contact: Timi Abney Telephone: (361) 658-1195 When: Last Thursday of each month, 6:30pm Where: TBA, Corpus Christi DFW Investor Community Contact: John Garbutt Telephone: (702) 266-1833 or (855) 846-8378 When: Every Thursday & Saturday, 7:00pm and 9:00am Saturday Where: Call for RSVP, Dallas Uptown Village Creative Investors Association Contact: Arturo D. Hill IV Telephone: (469) 225-4654 When: 2nd Sunday of each month, 6:00pm to 9:00am Where: Email or call to confirm location, Cedar Hill Dallas Real Estate Investment Group http://www.dallasreig.com/ Contact: Cindy Pullen Telephone: (214) 232-7414 When: Saturdays, 10:30am to 2:00pm Where: Seminars Training Room, Dallas San Antonio & Austin Real Estate Education and Mentor Group Contact: Jody Carrillo Telephone: (201) 787-2235 When: Every Tuesday, 6:30pm to 8:30am Where: 2700 NE LOOP 410, Ste. 600, San Antonio Alamo Real Estate Investors Association http://alamoreia.org/ Contact: Tom Hannigan Telephone: (210) 732-7500 When: 2nd Thursday of each month, 7:00am Where: Josephine Theatre, 339 W. Josephine St., San Antonio The Wealth Club http://www.wealthclubhouston.com Contact: Tom Berry Telephone: (832) 271-6873 When: Last Saturday of each month, 9:00am Where: 5855 Sovereign Dr., Ste. D151, Houston

 

A simple letter or phone call can result in millions of dollars

 Here's a  easy, fool proof, and can be duplicated way to raise money for all your real estate deals that  anyone can do.
You should have developed a local network by now. In this  network, there should be agents, investors, bird dogs, attorneys, money guys, rei members.....anyone that has anything to do with investing.
You should stay in touch with this network  of people by phone or via email.  Tell
then what you are doing, keep them posted on local market conditions, tell
them about the deals that are taking place by doing this you are creating credibility.
Your email could read something like this


Hello John , I just wanted to let you know I have an opportunity available  for you to invest/partner  with  me on a deal.  If you would like  to do this  deal with me and you have the available funds would you please contact me.




This is the best way to see if you can raise thousands then millions of dollars.  This is a very effective way to start making contact with those who may help your are those who may know others who will.
This is a very logical way to move forward in your investing efforts.   That small letter is not hard to write and it is easy to understand how to correctly apply it, by starting to do simple steps  you will be very successful and profitable!!!!!!

What is Private Money?

Private money is a term used in banking and finance. It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for real estate, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying guidelines. There are higher risks associated with private lending for both the lender and borrowers. There is traditionally less "red tape" and regulation.

Private money is usually similar to the prevailing rate of interest or it can be very expensive. When there is a higher risk associated with a particular transaction it is common for a private money lender to charge an interest rate above the going rate.

 

"Private Money Getting "Join' The New Rich

 "Private Money Getting" video training series that we're putting
together for you over the next couple weeks...

... oh, and my Private Lender Power point
download link is below for ya.

There's already some great content over there for
ya... so head over to your Members area to check

it out... we've uploaded the first fully detailed
"private money getting" training video for ya :-)

(get ready to take some notes... and to

take some action... cool?)

Here's the link to download the fully customizable

powerpoint and script... also, you'll want to check
out the video over there (cool stuff :-)

http://www.privatemoneyblueprint.com/vip/28/

This first video I take you in my Jeep to
show you 4 real deal case studies...  you'll see
the #'s, the closing docs, and how I got the private $.

 

Then, you'll learn the "foundation" of private
money... which is some rock solid stuff you'll
want to take notes on.

Anyhow, dive into the first solid training content over

there... and be sure to check your email box

here over the next couple weeks for our next videos.

 

Oh, almost forgot :-)

Again, the link to the Private Lender PowerPoint
Presentation is over there too :-):

http://www.privatemoneyblueprint.com/vip/28/

What is Transactional Funding?

Transactional funds are used for intermediate funding in short sale and foreclosure real estate flips. This funding is same-day financing and the property will close to your end-buyer.  You only want to use transaction funds to complete the sale to a traditionally qualified or cash buyer. The buyer's funding is what repays the transactional funds.

Step 1

Find a REO Property usually through a Real Estate Agent or Banker.

Step 2

Transactional funding should take care of the  cost,  which is closing costs and any secondary closing costs for which you the buyer will be responsible for.  You need to know  the terms of the transactions; there is usually a  30 day holding period, this may not qualify  as transactional funding but it may be able to become a transactional deal.

Step 3

Go to Google and locate a transactional lender in your state. Tell the lender the type of deal you have so that the lender can determine the terms and conditions, including fees for the transactional funds.

Step 4

You should always have a list of  end-buyer for  any  property.  This will speed up the process for the transactional funds  being approved.

Step 5

The lender will give you a proof of funds letter. This letter is a pre-approval letter showing how much funding is available for the period of time and for the property you will purchase.  Some banks have 30-day holding requirement , you may need to put 20% down to use as earnest momney to secure the reminder  of the funds.

Step 6

Now you are ready for the  double closing providing there is no holding period required by the bank. A double closing transfers title on the same day, first from the bank to you and then from you to the end-buyer. If you need a title company that is well versed in these transactions, ask your transactional fund representative for a referral.

The quickest place to find local private lenders

http://www.thereibrain.com/webinars/workshops/private-money-workshop.html

A few years back, my buddy and former business partner,

Patrick (a young investor who lives in Charleston, SC, and

I were looking through the public records. 

 

The public records are a magical place :-)

 

He actually just recently (3 weeks ago) pulled a really targeted

list from the public record for a motivated seller mailing... sent

out 300 letters... got a crazy 16% response rate (people calling

him)... and he closed a deal netting them $10k+ in less than a

week. 

 

Thats a story for another day though :-)

 

But, it's just to say that when you know how to look strategically

in the public records, what to look for, what to avoid, and how

to contact people... 

 

... public records are powerful. 

 

So, back to private money. 

 

One of the fastest ways to find local people who are lending

their own money to real estate investors for deals is through

the public records (when you do it right).