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Elite Capital Raisers

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8 contributions to Private Real Estate Lending
Mindset Monday!
Back in action today from a week long mastermind cruise! This morning I did a meditation to reflect on how my daily actions are contribution to my long term goals and visions. Ask your self this morning, are my daily actions moving me closer to or farther away from where I want to be in 10 years? Zooms resume tomorrow! See you all live then! Can’t wait to share my takeaways ❤️‍🔥
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New comment Oct 10
0 likes • Oct 8
I am so excited to hear about this cruise and all you learned :)
Mindset Monday
Always be learning! Your income will never outgrow your personal development. Make sure you are consistently leveling up your mindset, your access, and your knowledge. Cheers to those of you who did your homework. Staying accountable to yourself is a huge part of success. Let's talk about it on tomorrow's LIVE zoom at 5pm EST. Tomorrow on the zoom we are covering info you need in order to do Due Diligence on a loan opportunity. This week's module is now open in the classroom so be sure to check it out before tomorrow's zoom. We will also go over Q&A so come with your questions. Comment below a piece of mindset wisdom for our community to kick off the week! See you all live tomorrow.
Complete action
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New comment Oct 10
5 likes • Sep 23
Showing up is half the battle! It may not look perfect but the consistency of just showing up and doing our best is what sows the seed for the fruit we want to reap.
Poll
The first step in intentional networking is to KNOW THYSELF! ❤️‍🔥Using the framework from yesterday yesterday, DO YOU HAVE AN ABUNDANCE OF ... This will help you navigate THIS group and determine how you can add the most value to the group
Poll
28 members have voted
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New comment Sep 20
1 like • Sep 19
@Alvin Lee what are looking to lend in at the moment?
Homework 9/17
Meet 3 new people and USE the NETWORKING Framework to Build Relationships and Understand Quickly & Efficiently how you would be able to work with someone! Comment here when you have 3 meetings scheduled and make a NEW post in the HW section with your takeaways from the conversations
Complete action
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New comment Sep 23
3 likes • Sep 19
I had one awesome call today. The framework helped keep the convo focused on getting to know the person as an individual while also getting to know their business goals and what they are doing to get there. Which then provided me with the "what can I do to help them?"
How to Guarantee You Lose Money Lending
Do not lend without underwriting first! You will see a lot of second position deals when branding yourself as a PML. Whenever you are lending in second position, you have to know what first position owed before you even know if it's a deal worth looking at. Think of it this way, if you have a cup 75% full of water. You can only fill it 25% more before it overflows. The borrower might be asking you for that 25%(or a certain amount in second position) but without knowing how full the cup is already, you could be at risk of overflowing the cup. Overflowing the Cup = UPSIDE DOWN MORTGAGE in real estate world. You DO NOT want to lend more $$ on a property than the value of that property. You always want to lend LESS than what a property is worth, not more. If there is a lender already on the property, they are first position, and you HAVE to know what they are owed before you consider putting more debt on the property. Comment below if this provides clarity! Remember do not ever rush into deals, especially if you don't know what you are looking at.
Poll
37 members have voted
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New comment Oct 14
2 likes • Sep 12
the visual is very helpful! made it all click in my head
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Briana Card
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4points to level up
@briana-card-3888
Collaboration is key and I can help with funding, finding a buyer and translating your Spanish speaking leads. Excited to work with you!

Active 18h ago
Joined Sep 4, 2024
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