Finding the Right Professional

• Real estate professionals come in all shapes, sizes, genders, experience levels, personalities, and specialties. But how do you determine which one is right for you? For instance, let's say you're considering two such professionals for your planned purchase. One has many years' experience and a proven "track record", while the other lacks this experience but appears to have a better personality and desire to excel. Which should you select? Since you are entering an unofficial partnership with this person for at least the short-term, your decision is critical.
• What type of property are you looking for? Are you looking to purchase a wonderful owner-occupied residence or a piece of investment property? If you want investment real estate, do you want commercial property, such as a small strip mall or office building, or do you want a multi-family structure or small apartment complex? If you're searching for a new home for yourself, do you want a new construction or a mature house? Since many real estate professionals focus on certain types of property, you want to be sure you retain the right broker for your type of transaction. If you're looking for a new home, you want a real estate professional that concentrates on owner-occupied sales. Should you want a newly constructed home, you want to partner with a professional that understands the difference between new and older construction.
• Does your new property have to be in a specific area? Even a highly experienced broker may not be familiar with the area you prefer. You would be better served by retaining a professional with expertise in your desired area. He/she will have a good professional "feel" for the market, demand, history, desirability, and projected trends for this and surrounding neighborhoods. As an added benefit, since your professional has experience in this area, he/she may have access to inside information which could be very helpful in your search.
• If you are seller, is selling price or the speed of the transaction more important? If you want to maximize your selling price above all other considerations, you want a real estate professional with a track record of patients and, more importantly, strong negotiation skills. Should you "be on the clock" because of reasons outside of your control, you may want to retain a professional whose specialty is superb marketing. A broker who is noted for locating qualified buyers quickly and bringing the parties to the closing table in record time.

For more Real Estate Investing tips including how to raise Private Money Lending, I invite you to get my new FREE 20-page eBook titled "Discover the Secrets of How to Fund Your Real Estate Deals with Private Lenders!" by clicking here http://realestatewealthtoday.com/FREE-eBook.html .

Mike Lautensack is a full-time real estate entrepreneur in Philadelphia, PA and creator of the Private Lending Presentation Kit. This powerful done-for-you kit is loaded with tools and techniques to attract and develop a consistent stream of private investors into your real estate business. To learn more about this kit and receive your FREE Real Estate Wealth Newsletter go to
http://realestatewealthtoday.com/Private-Lending-Presentation-Kit.html.

Hi there! This is Mike Lautensack with Real Estate Wealth Today and I am sure you are aware that the world's financial markets are in freefall and the mortgage markets are frozen to anyone but the 4 people with 800+ credit scores.

So if you do not have an 800 credit score how are you going to get money for your real estate investing business. The answer is Private Lending! In fact, it may be the only answer.

So as result of overwhelming request from our students - back by popular demand - I am going to do a teleseminarriv titled "Private Lending Secrets for Real Estate Investors"

This FREE Teleseminar will be a step-by-step overview of the private lending process and tell you how to fund your real estate deals without banks or PERSONAL GUARANTEES!

Teleseminar Series: Wednesday, November 19, 2008 at 8:00 PM Eastern

To sign up for this FREE teleseminar simple click here ===> http://www.realestatewealthtoday.com/free-teleseminar.html

On this call you'll get insider secrets on:

• How to fund your real estate deals WITHOUT using banks or putting up PERSONAL GUARANTEES!

• Learn to close private loans in just days - not weeks or months

• Learn how to avoid upfront points or closing cost fees, credit checks, lengthy applications and prepayment penalties.

• Discover the one Person you should always ask to fund your Real Estate Deals - This one will amaze you

• Learn how to get real estate deals at 10% to 20% less than your competition simple because you have an "all cash and quick close" offers

• Learn how to put together a marketing plan that will have people calling you to lend money for your next deal

• Learn what NOT to do so you will avoid getting a call from the SEC

• And much, much more....

To sign up for this FREE teleseminar simple click here ===> http://www.realestatewealthtoday.com/free-teleseminar.html

Check for the time in your area...

5:00pm Pacific Time

6:00pm Mountain Time

7:00pm Central Time

8:00pm Eastern Time

Seating is limited and you DON'T want to miss the educational, information packed call! We look forward to having you on the call!

To sign up for this FREE teleseminar simple click here ===> http://www.realestatewealthtoday.com/free-teleseminar.html

Thank You,

Mike Lautensack

Real Estate Wealth Today

http://www.realestatewealthtoday.com/

P. S. I only have 50 lines available for this call, so please get on 5 minutes early so you don't miss the call.

P. P. S. We also now offer a limited number of people one-on-one private coaching to grow and expand your real estate investing business with private lending - If interested please click here and fill out the form and I will call you to discuss your needs.

To sign up for this FREE teleseminar simple click here ===> http://www.realestatewealthtoday.com/free-teleseminar.html

Introduction Private lenders are the single most important persons in your real estate investment business. Why? Well, a couple of years ago, you may have been able to get relatively inexpensive loans from your local bank or saving & loan. But those days are gone as traditional lenders are tightening lending practices and, in some case, have gone out of business. As a real estate investor you need access to cash that is both affordable and readily available when a good deal presents itself. Instead of looking for money from banks, saving & loans or even hard money lenders who charge high rates of interest, huge fees and two month closings why not consider private lenders as a far better alternative. Who Are Private Lenders? Private lenders can come from all walks of life. They may not even know the first thing about real estate investing but are simple looking for better returns on their money than they are currently getting with bank CD’s or money markets. Private lenders can be local business people, doctors, attorneys, accountants or even in some cases may be retirees with extra money to invest. Private lenders are looking for investment returns in the 9% to 15% range. Most bank CD’s or money markets are only paying 3% to 5% and private money gives them almost double their current returns. Additionally, private lenders want to be secured by a lien on local rental real estate properties. Most private lenders want to be able to actually see the property that is securing their investment and, in fact, will most likely drive by and see the property from time to time. Private lending is the process of borrowing money from private lenders (not banks or financial institutions) at rates higher than those private lenders can normally achieve from banks or savings & loans from CD’s or money markets and secured by local rental real estate. Do Private Lenders Come in Different Forms Private lenders generally come in two forms. First mortgage lenders will lend up to 90% to 95% of the purchase price and expect you to fund the balance or use another private lender to fund the balance. Or second mortgage lenders who will lend you the 20% to 30% down payment you need after you have arranged a bank loan for the first 70% to 80% of the purchase price.