How to Leverage Hard Money Lending for Your First Deal

Foreclosure Deals Coach Podcast

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In this episode, Donny Coram leverages his experience as a coach to guide listeners through their first real estate deal using hard money lending. The topic of discussion is the 5 hard money lending factors when making a deal.
He discusses tactics such as getting your LLC and EIN number ready to present to the lenders, adding me as a coach to the operating agreement of the LLC, reducing the down payment percentage to increase leverage, reducing points, and getting the loan approved using education-based lending. Shout out to Junior for his contribution to this topic.
Join the Facebook group and message Donny your LLC documents to ensure that they have set things up properly for buying a house. It's important to note that while he is not a tax professional, he can offer advice on the most effective way to set up an LLC to maximize profits. However, it's important to focus on making money first, as tax savings won't matter if you aren't profitable. Don't miss this episode if you're looking to break into real estate investing and want to learn how to leverage hard money lending to your advantage.
Article: 5 Hard Money Lending Factors We Consider | Private Money Utah

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