Welcome back to the Raising Private Money podcast! In this episode, we're diving deep into the world of real estate investing, beyond traditional banking and into the powerful realm of private money.
Jay shares his incredible journey from relying on local banks and all the stress that comes with big down payments, origination fees, and personal guarantees, to being completely cut off from institutional lending in the wake of the 2008 financial crisis. That adversity opened the door to a new way of thinking: using private lenders and self-directed IRAs to fund real estate deals. Jay breaks down exactly how private money works, dispels common myths about who private lenders are, and offers practical tips for attracting, not chasing capital by leading with education and value.
Jay talks mindsets, cash flow, and the surprising advantages of playing in a smaller market. Plus, Jay reveals his exact script for getting real estate deals funded without ever directly asking for money, and explains why aligning your mindset is as crucial as any financial number on your spreadsheet.
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $86,000 per deal.