Alan Cowgill – Private Lending Made Easy Premium System

How to borrow the money you want from people, not banks – and get it faster and easier with no monthly payments or borrowing limits

Never Again Lose A Deal Because

You Can’t Finance It Fast Enough!

By Alan Cowgill,

Authority

Attracting private capital

People can also get the money they want, and not banks. You can get it quicker and easier with no limit to how much you can borrow.

Alan Cowgill – Private Lending Made Easy Premium System

How to borrow money from people, not banks – and get it faster and easier, There are no monthly payments or borrowing limits

Never Again Lose A Deal Because

You Can’t Finance It Fast Enough!

By Alan Cowgill,

Authority

Attracting private capital

People can also get the money they want, and not banks. It is possible to borrow as much or as little money as you want, and it’s quicker than ever.

In this letter, you’ll learn about these 6 positive items when you borrow from private lenders…

• No monthly payments
• You pay no points, fees or closing costs.
• You will not have to pay any out-of-pocket costs, even for renovations.
• There are no tax returns or credit checks.
• No waiting periods
• There are no prepayment penalties

Alan Cowgill He is an expert on how to attract private money. This letter reveals how he raised over a million dollars from ordinary investors looking for good returns on their investments. He will show you how to make an unlimited supply of money and loan on your terms.

With private lenders ready and eager to finance your deals, you’ll be able to…

• Buy dirt-cheap properties like there’s no tomorrow. Don’t lose a deal to someone with “all cash” because you can’t finance the deal fast enough.
• Always have enough cash on hand to close the deal. Accept every offer with confidence
• Never take a dime from your pocket. You get 100% financing.
• Take part in your future profits The day you buy a house.
• Borrow without monthly payments. After all, you’re the one who defines the loan terms. You can then convince lenders to allow interest to accrue until the property is sold.
• Your ability to use your “all cash” Position To negotiate rock-bottom prices on properties you buy
• Money is always there waiting for you. Your next loan will be available when you have sold one property.

Contents:

1How? Private Money Could Make You A Millionaire…

2: Why Seasoned Investors Don’t Use Banks…

3: Never Be Handcuffed By “Creative Financing”…

4: Never Let Hard Money Lenders Squeeze You Dry…

5: Spend your money with individuals, not banks to get the money that you need…

6How excessive confidence can cause you to be a victim of a mental illness Lending Relationships…

7: How To Make Your Phone Ring Off The Hook With Lenders…

8: Attract Prospects And Make Them Beg To Loan You Money…

In the last 14 years, Alan Cowgill He has developed 16 methods to attract people with money, win their trust, and turn them into private lenders. He’s done hundreds of real estate transactions.

No wonder he’s interviewed alongside Donald Trump in the book Walking With The Wise: Real Estate Investor.

Industry leaders consider him to be the authority on how to attract private money and are competing with one another to book him at their conferences.

One year Mr. Cowgill Participated in 54 conferences and bootcamps, 85 training webinars and was featured on several radio and TV shows.

 

How Private The Money You Make Could Make You a Millionaire

 Impossible Dream Comes True For Some Real Estate Investors

Imagine it’s two months from now. It seems like your local competitors are unable to get financing fast enough. In fact, many of them are afraid to make offers because they don’t know how they’ll finance the deals. But you have an unfair advantage…

You’re surrounded by a number of private lenders, ready and eager to finance your real estate deals. I’m talking about regular people who love getting a good return on their investment dollars.

And now that you’re free from using banks, hard-money lenders, and your personal funds, there’s no limit to the number of properties you can buy!

Friend, with the methods you’re about to learn, you will see the potential to have millions of dollars waiting in the wings – without jumping through hoops for bank loans, being ripped off by hard-Money lenders or being ripped off by sellers who fear creative funding.

If you have private lenders now, you’ll learn to attract so many more that they fight to loan you money. And once they’re in competition, they’ll gladly accept a lower interest rate (After all, their only safe alternative is many investments that pay paltry low rate of returns).

However, credibility is crucial. You could be dismissed if you don’t have the right approach. “fly-by-night”You could lose your lending relationships or be trampled on by the SEC.

Why Seasoned Investors Don’t Use Banks

Real estate was likely a draw for its potential profit potential. But if you’re like me, you also love being your own boss, calling your own shots, and making your own rules.

So why let banks decide your fate? You don’t have to follow their stringent underwriting guidelines. Why jump through hoops to prove that you’re a good risk?

I have good credit, but that doesn’t guarantee anything. I once waited 4½ months to get a bank loan approved. If the seller had been impatient (which is normal), I would’ve lost the deal.

The bottom line is, you can’t count on your relationship with a banker. I did and then one day, the “regulators” He was stopped from making real estate investor loans. I was immediately shut down by that. Here’s what happens when you’re at the mercy of banks:

• The best deals go away. That’s because banks can’t finance them fast enough. Cash is needed immediately by distressed sellers, not in 30 days.-60 days.
• You’ve got to cough up a 20% down payment. This means that your personal finances are always in a bind, which can limit your ability to purchase multiple properties at once and reduce your cash flow.
• You’re nailed with excessive points and loan fees.
• You can’t finance properties with water damage, missing furnaces, old electrical systems, or anything unusual. Banks are too picky about which properties they’ll finance – and you’re constantly at their mercy.
• You’re crushed by backbreaking monthly payments – and often stressed out by negative cash flow.
• It is possible to be approved initially, but then the underwriters may change their mind at the last moment.

You’re also disqualified from borrowing when you own “too many” properties, leave your salaried job, or don’t have perfect credit. If you are looking to finance high prices-Banks may not be satisfied with high-quality properties like apartment buildings or lakefront houses, and even income and good credit.

Banks may have been successful up until now. The moment you decide to quit your job or buy a home, it’s time to stop working. “too many” properties – you’ll lose your ability to borrow from banks. These emails are examples of my point.

Never Again Be Handcuffed By “Creative Financing”

 

Leasing options may be available in rare cases when the seller is willing to finance the purchase. “subject to” These creative financing techniques are fantastic. These creative techniques are great because they eliminate the need to use banks or hard money.-money lenders. But let’s be honest.

When you sell a property, which do you prefer…terms that leave you cash-poor (with ongoing risk if the buyer defaults)…or an all-Do you offer cash? The majority of sellers are just like you. They want closure. They want all the cash. When you rely only on creative financing…

• You’ll lose the best bargains – because investors with “all cash” Always beat you to the punch.
• You can’t buy REOs with creative financing.
• You can’t close on most of the deals you find Because sellers are afraid to ask for seller financing.
• You will usually pay a higher cost. Sellers who accept creative financing are more likely to demand higher prices. These inflated prices can eat away at your profits, and experts who teach such methods will be the first to admit this!
• This method is impossible in a hot seller’s market.

“AlanBefore I discovered your system, my subjectivity was lost.-to deals because I didn’t have the cash upfront. In one deal alone I lost $18,000 profit. I now feel more confident about taking on deals that I would not have otherwise.
	— Clem Carrion  FL

Never Let Hard-Money Lenders Squeeze You Dry

Sellers are in dire need of cash quickly when they are in financial distress. They can’t wait for bank loans. They are not often able to provide creative financing. Investors tend to think long and hard.-Lenders of money are the only way to go. There are many drawbacks to this option.

• You’ve got to cough up a 15% down payment. This will tie up your personal assets, reduce your cash flow, restrict your property options, and make it more difficult to own multiple properties at once.
• You’ve got to pay the loan back within 12 months – so you can’t buy time by lease optioning or owner financing the property.
• A high interest rate is paid plus five points You get eaten alive by all the extra padded closing costs. (When I worked hard).-Money lenders: I saw one deal with $5,000 in points and even more on padded fees.
• Good credit and tax returns are essential. Ten years ago it was hard to get good credit and tax returns.-LTV of 65% is all that’s required to get money lenders to lend you money. Today, however, they are just as qualified as banks.
• You’ve got to cough up your own cash for renovations. That’s because your rehab funds are stuck in escrow. So even though you’re paying interest on this money, you don’t get it until after your renovations are validated by an appraiser. (And the appraiser is your responsibility.
• You’re slammed with a huge pre-Payment penalty – If you flip a home in less than 3 months.

In short, you’re stuck with the lender’s hard-No nosed terms. There are very few exit strategies and limited options for properties you can purchase. Even if you’re willing to cough up his outrageous fees, these extra burdens can really hold you back. Let me give you an example…

I am from Springfield, Ohio and live there to be near my family. I bought a fixer.-They found a couple who were willing to purchase and raised their money. The problem: they had poor credit and couldn’t get a bank loan. However, they were willing to put $40,000 down if they could move into the house immediately. I offered them a land agreement (i.e. contract for deed).  I got a $40,000 down payment & they moved in.

Now suppose I’d financed this fixer-You can get more money with hard cash. My renovations and new carpeting were funded by the hard money lender, who wouldn’t allow this exit strategy. After all, he wouldn’t want damage from tenants, pets, or anything else (in case he had to foreclose). This was a fast $40,000 I could not have.

Get the money you want from people, not banks – and get it faster and easier. No monthly payments nor a borrowing limit 

   Private lenders You You can set the terms. Why not stop paying monthly payments? Let the interest accrue until your sale.

   With this approach, you can finance every deal with other people’s money, and never pay back one red cent until you collect your profit!

 

It’s amazing, just think about it. When we’re flipping houses and only need cash for a few months, Borrowing money is more important than its cost. Payment is also important.-The best thing about free loans is that they are available to everyone.-Send for my cash flow, my students will gladly offer 6-10% Interest These loans are provided by lenders

If 6-While 8% seems high at first glance, consider the traditional approach to eliminating monthly debt payments. I’m talking about equity financing. That’s where you find a money partner who finances your purchase and gets half the profit!

Payment-Free loans are better than paying interest. The extra interest you pay is nowhere near the 50% you’d pay an equity partner.

Without accumulating negative cash flow, you can own many properties at once.

Imagine the amazing upside of growing your real-estate portfolio. You will feel like you have pocket money if you earn a few more percent from your sale proceeds. And remember that you’ll have no upfront points, no pre-Payment penalties are eliminated and there are no closing costs. These savings offset additional interest.

Later on – I’ll reveal a huge segment of the population that has money to loan but has no need for monthly payments…so they’re glad to let interest accrue.

 

How to Borrow at Even Lower Interest Rates

 

Naturally People who have to make a regular income will pay lower interest rates. They will not accept less interest if they have no other option than investments that pay a low rate of return. If you make the monthly payments, most people will loan you money at much lower rates.

Private lenders will be more interested in a 5% to 8% amortized loan if you intend to keep a property for many years. Sure, a bank’s rate may be lower. But that bank loan is worthless if it doesn’t fund fast enough, you don’t have the down payment, or you lose the deal to someone with all cash.

What’s more, the hypothetical “savings” of that lower interest rate are gobbled up by the bank’s inflated points, fees, and closing costs. (Not to mention the pre-payment penalties later on.) These overblown costs might force you to keep the property for many years.

Private lenders will finance 100% of your house purchase.-cheap. You can even borrow the money that you need to renovate. So that you can beat your competition, get your properties repaired and sold quickly. And the best part?

There is nothing to lose-This is-You save money on your pocket!

 

For example, I got a call from a lady who’d purchased a $65,000 home a few months prior and still hadn’t made the first payment. The bank was desperate and agreed to sell the house for $25,000 cash provided that I could close within five working days.

I borrowed $42,750 because the house was appraised for $65,000. My loan amount was higher than my $25,000 purchase price but my lender felt safe because the LTV was still below 70%. I had $17,045 in my bank account the day I purchased it. It was optioned a month later, and the tenant purchased it two years later.

But without access to private lenders, I could never have exploited the bank’s desperation and made this profit. And neither can you.

Few distressed sellers are able to wait for a bank loan in order to fund their purchase. So it’s a win-Win: The seller gets quick cash, my lender gets high returns, and we both make money.

Don’t Let Overconfidence Damage Your Priceless Lending Relationships

Sometimes I receive emails from overconfident real-estate investors who heard me speak at a conference and then decided to jump the gun. Excited by the potential benefits of private capital, they sought loans from their family and friends, only to be turned down.

They stumbled when they were asked specific questions.. They burned their bridges because they didn’t know the right way to “position” You will win the confidence and respect of potential lenders.

Please don’t make this fatal mistake. Once you burn your relationships, it’s very hard – if not impossible – to salvage them. Why risk being caught off guard with questions you can’t answer? Don’t gamble with your hard earned money-Have you been in a relationship?

If you make the wrong first impression, you’ll be dismissed as an amateur or fly-By-night. And you’ll find it very hard to change that perception later.

Just knowing that it’s possible to borrow from friends and colleagues isn’t enough. Lenders require that you trust them to finish your renovations and make timely payments (if applicable) to repay the loan balance.

If they’re worried about the safety of their investment, even a huge 12% return won’t convince them. It’s easy to burn bridges with them if you approach them wrongly. You must be able to answer all their questions in order to appear competent and credible.

Credibility is essential, but safety is crucial.  It is not easy to attract private lenders.  You must follow some simple rules.  Those rules are established by the Securities & Exchange Commission (SEC).

I’m not an attorney nor can I teach legal advice so I had to figure out how to help train my students on the SEC compliance requirements. So I hired an SEC attorney to research every state and the SEC information in this system is provided by him.  I’d recommend you get an SEC attorney on your dream team too if you need to register with the SEC.

The Securities & Exchange Commission goal is to protect the private lender.  It is against the law for Real Estate investors to mislead private lenders.  This would be considered fraud.  You should also follow some simple rules. In a nutshell…

1. Either you can register your offering or you are exempt.  FYI – A Promissory Note can be considered a security.  Exempt usually means that you can find private lenders right now.
2. Advertisement permission must be sought.  How do I ask permission?  Register with the SEC.
3. 13 states require you to send in a note or fill out a form before you can be approved for your first lender.
4. A disclosure statement must be provided to lenders.  This is a way to explain in writing the purpose of your program.
5. You must ask for permission (register)  to pool private lender money.
6. You can’t pay commissions to others to help you find private lenders unless you live in one of three states that allow “Finders”.
7. You must know the two thresholds that you need to meet to remain in the exempt group.  You can raise money (normally it is one million dollars) and you can have as many lenders as you like (varies depending on where you live).
8. If you decide to cross state lines (lender in one state, property in another), then you have to notify the Federal SEC & the Division of the SEC in each state that you are borrowing money from private lenders.

That’s why I created a step-By-It is a step-by-step system that will help you attract private lenders as well as keep you in compliance. It’s called Private Lending Made Easy: The Premium System.

How to get your phone ringing with lenders, win their trust, and create an endless supply of money

My students began as average investors. Once they took control, however, I was able to help them become a better investor. The Premium SystemSome of these entrepreneurs raised private money to monopolize their local markets.

It is important to clarify that my students may use my system to attend a luncheon at a reduced cost with potential lenders, and some students do it for their own purposes.-On-one meetings.  Some of them even downloaded it to their laptops and met people at a McDonald’s.  So, The Premium System It’s very versatile.

Here’s what you get with this powerful system:

A Comprehensive 254-Page, Easy-To-Manual

This valuable manual contains the information you need to attract private lenders, be they strangers (once you’ve registered) or family, friends, or associates, and motivate them to dump loads of money on your doorstep.   You’ll receive:

• The same steps-By-Step system I used to bring luncheon presentations for motivated prospects who were unhappy with their current investments. This system is foolproof and gets them to lend you money.
• Here are my top ten tips for a successful luncheon. This guide will help you set up and lead your presentation to achieve maximum results.
• Here is a detailed checklist It will detail exactly what you need to do the week before, the day before, and the day following your seminar. It also includes a reservation list so you can keep track of who’s attending.
• “Talking points” Each of my overhead slides So you can know what to say on each slide and why. These points will convince your prospects to lend you money over any other investment.
• The 6 ways you can demonstrate credibility Learn more about my trust-inspiring approach to answering their questions – so you don’t make the wrong impression and scare them off.

The best thing about my presentation is that it’s a soft sell method. So you’ll never have to corner your prospects or You can pressure them to make a decision.  You have many options for advertising to strangers if you register with SEC.  These are the guidelines Premium System This manual was created to help you find private loans from people you know, as well as strangers once your are in SEC compliance. You will also find the following:

• How to turn your newspaper ads Maximum response Find out which section of your daily paper has the highest number of results on each day of the week.
• How to get rid of the “silver” from your postcard campaign Repeat mailings. Learn how many times you should repeat the mailing.-You can mail the same prospect multiple times.
• Here are 4 characteristics that you should use to send postcards to– so your list broker can compile an ultra-Reliable list. By the way, I’ll also give you a list broker’s phone number.

 

Most important of all, 3 full chapters by my SEC attorney are dedicated to the SEC topic so you’ll learn how to become compliant with the SEC and stay that way!  This is One of the Some aspects Private Lending that you can’t afford to miss the boat on…it could cost you not only your reputation and credibility, but potentially your money, your business and livelihood, or even your freedom.

Access to a One-This is-You can find more information at-Kind, Auto-Fill out forms Website

This awesome tool will blow your mind…and save countless hours of your time.  It includes all of the tools I have made, including my postcards and mailers, newspaper ads, and my proven 37.-Slide PowerPoint presentation (26 forms).

You get The Premium SystemYou will be able to access this website through a link and a registration code.  It’s simple; go to the site, create a new account with user a name and password you choose, and then enter the registration code I will give you in your manual. You will need to complete the personal profile information and in a matter of minutes you will have all of this at your fingertips…completed for you…ready to use…with your information from the profile you created:

• The 37-Slide presentation – in PowerPoint and Microsoft Word formats
• The Audio Business Card
• Marketing pieces – newspaper ads, postcards, trifolds, and fliers
• Scripts Talk to people to help get over the difficulties “Fear Monster” Here’s what you should say
• Seminar Check Sheet and Money Loop Presentation
• 3 Lender Reports
• Lender Interest Form (To determine if they are interested in the loan and if so, what amount).

 

How is it possible?  You can complete the profile in one click. My company and personal information are deleted. Then, yours is inserted at the exact same spot in all forms.  Amazing!  Amazing!

You’ll get:

1. “Elizabeth” Mailer: This tri-Investors are scared off by the frightening tale of Elizabeth Jones, who lost a large portion of her retirement savings and was too old to make it back. Potential lenders will be anxious to speak with you about your new exciting option.
2. “Elizabeth” Postcard: condensed version of Elizabeth’s story, this postcard Grabs Investors “by the jugular”.
3. Postcard designed for people who have CDs: This magnetic postcard agitates your prospects, reminding them that their current crummy low paying returns aren’t keeping up with inflation.
4. Credibility brochure: This tri-Your credibility is established by the fold brochure which lists the great advantages of real estate-backed loans.
5. Newspaper adThis ad brings prospective lenders to your door where they will fight for each other. “next in line” to lend you money.  After you register with the SEC, you can start to use this tool.

 

Once you establish a track record, the lenders you’ve paid back will be Are you looking for more money?. You’ll start hearing from their friends and colleagues too.  Next, plug in the 30-Day 3: The touch rule is described in the Premium System To get to the point where they can lend you money.

These are My students use the same magnetic tools to create non magnetic images.-Stop receiving calls from people who have money.

Once your phone is ringing off the hook, you’ve got three options. You have three options: mail the callers my Audio Business Card Pack (detailed in a moment), or meet one-On-One, or invite them for a luncheon presentation.

My compelling PowerPoint presentation will give you the complete sales pitch with these two strategies. So you don’t need any public speaking experience. Simply click on the slide and move on!

My favorite of the three is giving luncheon presentations. It’s more time-It is more efficient than meeting one on one-On-one.

If you don’t want to stand in front of a group, maybe you can hire your accountant or real estate attorney to lead luncheon presentations – and it gives you even more credibility. Just remember you can’t pay them a commission but hey they do get a free lunch.

It is also possible to set one up-On-One appointment and then show me my PowerPoint presentation on your computer.  This is what half my students do.

Sale Page: http://archive.is/OvERO