Listen "TLP 65: Unlocking Success with Raising Private Money with Jay Conner"
Episode Synopsis
In this podcast episode, we interview Jay Conner, President of The Private Money Authority. He shared some valuable tips for private lenders and real estate investors:Always have a conservative loan-to-value ratio. This means not borrowing more than 75% of the after-repaired value on a single-family house. For example, if the after-repaired value is $200,000, don't borrow more than $150,000. This protects private lenders and investors by providing a $50,000 cushion between the property value ...
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