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Rob Swanson Training Systems
5023 W. 120th Avenue, #102
Broomfield, CO 80020
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12 Responses to “Contact Rob”
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May 10th, 2009 at 8:50 pm
Rob, I recently ordered your “53 mistakes, How to fail as a Real Estate Wholesaler” and just received it.
BTW, I do enjoy your emails and have been to a few of your seminars. My other business is so busy I haven’t been able to focus on my real estate business lately, but I am hoping to in the near future. Thanks for all the good info so far! Kris Brunson
May 15th, 2009 at 12:28 pm
Rob, I was Present @ your last meeting on tues. I liked the website set up idea over the week-end,and gathering names via the internet. I only have about 5,000 to start investing and I would like to invest in Florida.The only way I could do that is to take out a mortgage for a 90,000 house and hope to rent it for more than my payment. Or If I could get a simultaneous close turn it over Maybe that could be done. Do you have any other ideas on how I could start investing. I know you are busy,but I hope you could help me get started. Thank you in advance, Mark
June 10th, 2009 at 1:46 pm
with $5k, I would not leverage to take out a mortgage…in fact, I would if you had $500k. start by flipping property, build up your cash and then expand your business in a variety of ways…here’s a complete system I put together that will teach you how my business flips a lot of REO properties. http://www.StartFlippingREOs.com
June 13th, 2009 at 7:57 am
Top of the morning to you Rob, just remember the the ball will break towards the Rocky Mountains, out here in California it’s towards the ocean.
Rob, I am very impressed so far with your real world teachings, but I have one concern that I hope you can help me with. How do you answer the question from a private investor who says what are you crazy I’m not going to lend you 100% of the purchase price, closing and holding costs plus rehab monies upfront, what will keep you from just walking away from the deal? Most lenders will only lend on a percentage of the as-is value with fix-up costs provided via draw system. I look forward to your response, Mark M
June 16th, 2009 at 10:15 am
Mark, What you are opening for discussion is really the difference between working with a “Hard Money Lender” and a “Private Lender”.
They are very different.
A hard money lender is in the business of lending money. They set the terms, the loan to values, the fees, the interest rates, the maturity, etc., etc.
When working with a private lender, you are setting the terms and they either want to lend you the money (because they see a benefit in doing so) or they don’t. Some will, some won’t, so what, next.
A hard money lender will not change their terms for you (some may offer options) and the terms of a hard money lender will always be tougher than a private lender.
Because true private lenders are not “in the business” of lending, they won’t put the same restrictions on you that a hard money lender will.
When working with private lenders, it becomes your responsibility to structure your deal so that the amount of money your private lender lends (as their total loan) remains low enough to provide an adequate equity cushion and cash flow is you rent the property. I generally suggest plus/minus 70% of the fixed up value of the property.
Work with true “Private Lenders” and the likelihood of these questions being a hurdle drops significantly.
August 1st, 2009 at 11:57 am
Hello Rob:
Found you on Twitter and noticed we are both from Denver…Also, I’m raising private funds for apartment acquisitions. Can we connect to discuss this?
David
September 22nd, 2009 at 8:21 am
Rob, I recently watched your lesson on building a buyers list etc. I am VERY interested in coming to the two day event and having your team of specialists help me to automate my wholesale business and leave a footprint on my local market as well as others. However, I do have some questions. Where does the event take place? I understand it is October 1st? Also, do you have any program in place that can help with the financing and break the 2,000 into smaller amounts? As I’m sure you know, times are tough for many, myself included. I continue to forge on with my limited income as of now but when an opportunity like that program come along I feel as though they could help me very much so. Please let me know so that I may begin packing my bags. Thank you in advance.
September 24th, 2009 at 12:44 pm
Hi,
Do you sell the website as a stand-alone product, like Travis Brontrager’s?
If so, what is the cost of that product/service? Do you do the hosting as well?
Thanks.
Michael
September 24th, 2009 at 4:11 pm
We do. And, you can contact us directly at orders@reiEducationProducts.com for more information.
October 14th, 2009 at 8:17 am
I highly recommend Rob’s website product. Their staff is very knowledgable and helpful with all aspects of the website.
Travis
December 3rd, 2010 at 5:33 am
Rob,
Hi Rob,I’vbe just finished watching your BlasterPro Video,
and I enjoyed it so much.This will help take my Business to the next level.Many thanks.
Fatima
August 27th, 2011 at 6:35 pm
Hi Rob, you mentioned that you raised a $10 million real estate fund. How do you go about doing a fund?