AIPIS 76 - The Inside Scoop on Private Lending with Alan Cowgill
Accredited Income Property Investment Specialist (AIPIS) · Jason Hartman
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Show Notes
Alan Cowgill teaches others how to get private investors as well as become a hard money lender. Alan became a full-time real estate investor in 1995 and has overseen hundreds of real estate transactions. He talks to Jason primarily about hard money lending as well as some tricky states to look out for when trying to get your first private lender. He also talks about SEC filing regulations, a California loophole, and more on today's episode.
Key Takeaways:
2:00 – Alan teaches people how to become private lenders.
4:18 – In private lending, the terms are very flexible and you can usually find someone to meet your terms.
12:20 – If you want to get private lending from strangers, then there's 5 areas of control in every state. Alan explains what those are.
16:45 – There are rules to follow that are set by the SEC when it comes to private lending.
23:00 – Make sure you acquire an SEC attorney and not a real estate attorney.
26:00 – Alan talks about California's loophole when it comes to lending money.
29:10 – Alan's website, PrivateLendingMadeEasy.com, offers free resources for people who are interested in learning more.
Mentioned In This Episode:
PrivateLendingMadeEasy.com