Is It Really Possible to Raise $650,000 in Private Money for Your Real Estate Investing in the Next 45 Days?

As a real estate investor, I know that my personal success is in direct proportion to my ability to raise private money for my investments. Since 2005, I’ve raised more than $24 million for real estate projects and it’s fair to say I’ve learned a thing or two along the way.

Like you I’ve purchased every course and attended every seminar out there. I learned a little from every private money course I took but it took actually *doing* it for me to perfect my own strategy. Trial and error, I guess.

For the most part, I’ve flown under the radar. Quietly funding deals in Colorado where I’m based. Until last November I got a call from Trevor Mauch over at the REI Brain and he asked me to participate in a new course he was putting together with his friend Patrick Riddle about raising private money.

Full Disclosure: I agreed to teach a module in the Private Money Blueprint – Module 6: How To Pool Private Lender Funds Safely, Use IRA’s, Fractional Trust Deeds, and More.

So, Trevor and Patrick launched the “beta” version of the Private Money Blueprint back in November 2008, using a handful of student guinea pigs to make sure that the strategies and tactics worked.

Boy, did they ever!

Patrick has raised $6 million in private money. I’ve raised and funded more than $24 million dollars in deals. But the best part is that our students raised a *ton* of private money during the 6-week beta class using the exact strategies that we’ll teach you. Here’s just one…

“I recruited $650,000 in private money in 45 days using the Private Money Blueprint which will translate into $250,000 in net profit for me in 2009. Thanks!”
– Kevin Donovan, Los Angeles, CA

So, because I teach a module in the Private Money Blueprint AND am such a huge believer in the power of raising private money, I’m not a completely unbiased reviewer but keep on reading and I’ll give you a *real* insider’s look at what you’ll get in the Private Money Blueprint.

The Private Money Blueprint Course

The PMB home study course is in a word beefy!

Here’s what you get delivered to your door:

Private Money Blueprint Home Study Course

Here’s what’s in the box:

6 Core Training Module DVD’s:
Module One: Success Jumpstart
Module Two: Kickstart, Negotiation and Appointments
Module Three: Presenting Magically
Module Four: The Nuts and Bolts
Module Five: Staying SEC Compliant
Module Six: Pooling, IRA’s and Syndication

2 Bonus Module CD’s/DVD’s:
Bonus Module One: Inside The Mind Of A Private Lender
Bonus Module Two: An SEC Attorney Spills The Beans (this one is not pictured above because I was copying it to my iPod!)

236-Page Step-by-Step Manual
The manual is a standalone training manual meaning it’s not just transcripts of videos or calls like some other “gurus” throw out there. It has detailed training on all of the modules PLUS specific weekly action plans that guarantee your success and really drive the main points of the training home.

One of the really cool things the guys did in the manual is include boxes called “Resource Alerts” that let you know where to find the resource that they’re talking about. Such as PowerPoint presentations, sample notes, deeds of trust, scripts and more.

4 Weeks of Quickstart and Q&A Calls and 3 Full Color “Blueprints/Flowcharts”
Remember I said that back in November we tried the Blueprint out on some student guinea pigs? Well you get access to all 4 of the Q&A calls that we did with them. So, I have a feeling that every question you could have about the program or raising private money is included in those calls courtesy of the 20 students that went before you.

And the Blueprints/Flowcharts are a great addition to the course. You get three full-color flow charts that show you exactly what to do in order. You just choose the flow chart based on what you’re trying to accomplish…

Blueprint #1: You Are Looking for Private Lenders
Blueprint #2: You Have a Deal That Needs Funding
Blueprint #3:  Using IRA Funds From a Private Lender

PLUS:

Full online access to all of the course materials
In a private, secured members area, you get access to videos and mp3′s you can view online or download to your computer, downloads of all of the forms/templates/documents, video tutorials, case studies, bonus videos and more. See my video tour of the members area below to see all that’s included there.

Transaction and Marketing Templates
OK, this is going to be a long list so hang in there. You get:

Patrick’s “Dreams Now” worksheet for goal setting, investor profile worksheet, private money prospect contact list, negotiation strategies and effective phrases quick reference, 30 second commercial script, phone call to lender prospect script, list of networking groups, private money PowerPoint presentation, private money presentation speaking script, real-life student credibility kit sample, 5 private lender letters, loan payoff letter, private loan offering template, follow up deal presentation script, investor loan information worksheet and follow up checklist, sample promissory note template with key clauses, sample website disclosures, list of state securities offices and contact information, private money disclosure samples, sample investor questionnaire, sample syndication operating agreement, sample fractional note and deed of trust/mortgage, sample private money press release and website private lender free report.

Whew. That’s a ton of stuff.

Here’s a Preview

Here’s a video your of the private members area online.

The PMB Strengths and Weaknesses

Ok, I’ve poured through the course and here’s what I think its strengths and weaknesses are. Remember, this is just my opinion – yours may be different.
Strengths

Scripts
The first time I spoke to a private lender I was scared ***less. Seriously. I’m usually pretty confident but I was nervous because I didn’t know what to say. Problem solved with the Private Money Blueprint because included in this course are the actual scripts that Patrick has used to raise a ton of private money.

I say talk to the first few private lenders on the phone so you can use your scripts and they won’t know. Then when you get good, move on to face to face meetings. Practice makes perfect!

Templates
Once you get a private lender to say “YES” (and using the script you will), you have to fill out some documents. And again, going back to my experience, once the first guy said yes (his name was Rick), I was like, “What the heck do I send him?”

Looking back on this whole experience it’s pretty obvious that if I would have had some template docs already in place it would have saved me a ton of time and made me look a lot more professional that I did with Rick. All the documents you need are included in the course on a special disc right on the back of the front cover of the manual.

Some excellent templates you get include private lender welcome letters, referral letters, loan payoff letters, private loan offering template (cool!) and a sample promissory note template with key clauses.

No Stupid Luncheon
You know that *other* course on raising private money that tells you to invite a bunch of old guys to a luncheon? Not a good idea.

Here in Denver, SEC investigators regularly attend these solicitation luncheons and will issue a cease and desist if this is how you’re trying to raise money. Not cool. And I did a luncheon once and didn’t raise a single penny. They sure ate my food, though.

Now, Patrick is way more diplomatic than I am so he included a bonus training on luncheons if you want to do them. And make sure you do them *his* way so you stay out of hot water.

SEC Compliance Info
This is huge. The SEC is not something you want to mess with and every other private money course either leaves it out or they make you pay extra to get the info. And I mean a lot extra. In fact, I hate to keep picking on that other guy’s private lending course, but his SEC “bible” is sold separately for $1197! That’s more than twice what the entire Private Money Blueprint course costs.

The Blueprints
I’m a visual person and I hate digging through a huge manual trying to find the next step in the process. So, Trevor and Patrick did something totally cool. They have three full-color flow charts that show you exactly what to do in order. You just choose the flow chart based on what you’re trying to accomplish…

Blueprint #1: You Are Looking for Private Lenders
Blueprint #2: You Have a Deal That Needs Funding
Blueprint #3:  Using IRA Funds From a Private Lender

Pooling Info With Templates
When I taught the module on pooling I talked about fractional notes, LLC’s and PPM’s. (Ahh, don’t ya just love all the acronyms in this business?). Well, a few days after I taught the module Trevor called me up and asked me to forward samples of all that stuff. At first I was like, “No way!” That stuff cost me thousands of dollars and took me years to get just right. In the end, Trevor totally convinced me that it was the right thing to do, so you’re welcome!

In addition to the Using IRA Funds Process Blueprint, you also get a sample investor questionnaire, sample syndication operating agreement and a sample fractional note and deed of trust.
Weaknesses

Paying Back Your Private Lender
If there’s one area the Private Money Blueprint didn’t address fully, it’s what happens when you need to pay back the private loan. If you’re flipping the deal, make sure you have a long enough loan term in case it doesn’t get sold right away. And try to get payments deferred so you don’t have to make payments while it’s on the market.

If you’re planning to keep the property as a rental, take-out loans (refinances) are tough to come by and most private loans are short term loans. That means you have to have a take-out loan lined up ASAP.
To make Private Money Blueprint a no-brainer and to increase the value of the course by 100%, I’m personally adding the following bonus package:

Bonus #1

Syndication Success Secrets Course
Syndication is the name of the game. Being able to bring others into your deal is key. I’ll give you a 90-minute video course that teaches everything you need to know to syndicate your deals. Plus I’ll show you other syndication business models! $47 value

Bonus #2

Beyond Private Money: Takeout Loan Tactics Video Course
What happens when you need to cash out your private lender and you want to keep the property? Forget conventional lenders – they *hate* investors. I use portfolio lenders for my private lender refinances or “takeouts” and I’ll show you how, too. $97 value

Bonus #3

Private Q&A Webinar
Everyone who buys the Private Money Blueprint through my link, is invited to an exclusive live webinar where I’ll answer your questions about raising private money live. $197 value

Bonus #4

A ticket to my Getting the Money Bootcamp
This is a 2-week virtual event that happens this July. 14 hours of hard-core financing training just for real estate investors. It will answer the question “how do I get the money?” for every real estate investing strategy including short sales, flips, commercial, bulk REO’s and more. $197 value

A Total Bonus Package Worth $538.00 is Yours Free When You Order Today…

As you can see, this bonus is extremely powerful and many have suggested I make it into a product and start selling it by itself.

That’s why I’ve decided that only the next 25 people to order the home study course through this link will get a copy.

To receive my bonus, after 2pm ET on Thursday, May 7th, here’s what you have to do…..

1. Head over to Private Money Blueprint by clicking on this link: http://www.lassiterrecommends.com/privatemoney

2. When you purchase Trevor and Patrick’s full Private Money Blueprint course you’ll only get my free bonus if you visited the page from one of the links on this page.

IMPORTANT: If you visit the Private Money Blueprint page from any other email or web site, you will NOT be ordering from my link and you will NOT RECEIVE MY BONUSES. I will verify every order before giving away these powerful Private Money Blueprint bonuses, so be careful about ordering from my link, OK?

3. Email your Private Money Blueprint receipt to: bonus@privatemoneyblueprintreview.com

If you need more time to think about buying Private Money Blueprint, be sure to come back to this web page when you’ve made up your mind to order, and use the link below. Bookmark this page NOW!

4. Once I confirm with Trevor and Patrick that you purchased from me, I’ll send you a link so that you can download your bonus package.

Get started right now with the Private Money Blueprint and my Exclusive Bonus!

http://www.lassiterrecommends.com/privatemoney