Why Work with a Private Lender to Set Up Extended Stay Rentals
Summary
This video addresses how to work with private lenders. It emphasizes that asking for money from a private lender should not feel like begging, as you are providing them with a return on their investment through interest payments. It then outlines a three-phase process for dealing with private lenders: funding reserves, paying back the principal, and then providing the payoff reward. Finally, the video mentions utilizing self-directed retirement accounts.
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Curated by Learn STR by GoStudioM