Fast Cash

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Fast Cash

• For All Your Real Estate Investment Opportunities

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Who Am I, Why Should You Care?

• Lee Arnold, Independent Commercial Financing
  Specialist
• Private Money Exchange
• Private Money Loans in all 50 States
• 100 Financing on Qualifying Investment
  Properties
• Cash Back at Closing for Fix-Up or Repair on
  Deals that Meet Our Parameters!

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Todays Goal

• To help you fund more deals, in more places, more
  times, so you get paid more often

Would That Be Beneficial For Anyone in Here?
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How to Get the Most Out of This Presentation

• Take Good Notes
• Decide On Your Specific Action Points
• Be Attentive and Present
• On Completion, Take Immediate and Decisive Action

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In a Moment You Will Know

• How to Find Deals that Funding Loves
• How to Get Your Deal Approved
• How to Confidently Approach EVERY Seller Knowing
  That You Are Backed By Millions of Dollars in
  Purchasing Power!

Best of All Good Credit is NOT Required!
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A Bank is a place that will lend you money if
you can prove that you dont need it.
Would You Agree With This Quote

• Bob Hope
• OR

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A banker is a fellow that will lend you his
umbrella when the sun is shining, but wants it
back the minute it begins to rain.

• - Mark Twain

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Which Caused

• As of August 20th, 118 Banks have failed in 2010
  (Reported in USA Today)
• 2009 140 Banks Failed
• 2008 25 Banks Failed
• 2007 3 Banks Failed

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As A Result

• No More Consumer Confidence
• No Trust in Banks
• No Confidence in the Government
• No Faith in the FDIC
• Real Estate Value has Fallen 35-40 Nationally
• And NO Banks Are Lending to Investors

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Which Leads Us To Your Only Source of Competent
Funding

• Private Money Allows You to
• Buy Property in a Down Economy regardless of
• Credit Score
• Background
• Knowledge Base
• Income Status
• Employment Status
• Current Situation

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Where Can You Find Private Money

• People you know who have
• Home equity
• CDs
• Stocks
• Commodity
• Precious Metals
• Hedge Fund
• Foreign Exchange Currency
• Borrow Against a Real Estate Portfolio

OR
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We Can Do It For You!
Introducing
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Your 1 Source to Funding Every Deal Every Time

• Unending Source of Capital
• Networked with Strategic Partners All Over the
  United States
• Created on 50 Years of Combined Legal and Real
  World Experience in Real Estate Acquisition and
  Funding
• We Play the Perfect Matchmaker Between Funds and
  Deals

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• Is Absolutely Secure
• Gives You Complete Control
• Gives You Funding Without Conditions
• Perfect Credit
• Employment
• Income Status
• Wealth is not determined by the amount of Money
  you have, rather by the number of Assets you
  Control.

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Remember Funding Doesnt Care About

• People
• Credit Score
• Background
• Knowledge Base
• Income Status
• Employment Status
• Current Situation

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Heres An Example Borrower A and Borrower B

• Borrower A
• Has a 750 Credit Score
• Been at his J.O.B. for 10 Years
• Has lived in the same house for the last 15 years
  
• One credit card drawn down 30
• Has 20,000 to invest on deal
• Borrower B
• Has a 580 Credit Score
• Is a Real Estate Investor but lost 50 properties
  to Foreclosure, Bankruptcy, or Short Sale in 2008
• Has 50,000 to Invest on Deal

Borrower B is a better choice Why?
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Why Private Lenders Will Fund

• If the First Trust Deed Notes Are Backed By Real
  Property and are
• Tangible Investments
• Guaranteed by Individuals with Proven Track
  records
• Never More than 65 of Purchase or Acquisition
  Price
• The borrowers Have Funds to Make Monthly Payments
• The Property is in a Good Area
• The Market will Support Exit Strategy

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Know What Funding Loves

• Single Family Homes
• Location Already Established Areas
• Ugliest House on the Prettiest Street
• 65 cents on the Dollar
• Low Risk / High Yield

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Check Out This Deal

• Purchase Price 60,000
• Loan Amount 53,125
• Estimated Value 90,000
• Exit Strategy
• Rehab and Sell

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And This Deal

• Purchase Price 179,000
• Loan Amount 162,750
• Estimated Value 217,000
• Exit Strategy
• Rehab and Sell

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And This Deal

• Purchase Price 170,000
• Loan Amount 160,000
• Estimated Value 200,000
• Exit Strategy Rehab and Refi

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And One More!

• Purchase Price 98,000
• Loan Amount 112,500 included 10,000 for rehab
• Estimated Value 149,000
• Exit Strategy Rehab and Sell

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Commercial Deals that Funding Loves

• High Cap Rate of 15 -25
• Great Income Potential
• Sale Rate is Low Because Of
• Mismanagement
• Disrepair
• Bad Part of Town
• Financially Challenged
• Existing Cashflow

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Several Commercial Deals!
Ambulance Service - Commercial/ Cash Out Refi
- 1,500,000 loan Direct Valuation 2,500,000,
60.00 LTV 10.25 interest rate, prime 7.60 3
years interest-only, 5 of amount prepaid for
first 18 months 17,495-sq. ft. building contains
Hillsboro, OR-based ambulance service Proceeds
used to pay off tax liability in order to keep
business operating smoothly.
Office/Retail - Commercial/ Lease to Buy
Purchase - 350,000 loan Direct Valuation
625,000, 56.00 LTV 13 interest rate 2-years
interest-only, 6 months interest
guarantee 8,013-sq. ft. office and retail
building Proceeds used to pay off matured private
contract. Site has 100 tenant occupancy as of
October 2008.
Light Industrial Commercial/ Cash Out Refi-
300,000 loan Direct Valuation 850,000, 35.29
LTV 12.25 interest rate, prime 8.50 3 years
interest-only, 5 for 12 months 10,230-sq. ft.
light industrial building Proceeds used to pay
off flooring line as well as for working capital.
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Several Commercial Deals!
Laser Supplies/Accessories Commercial/ Cash Out
Refi - 490,000 loan Direct Valuation 800,000,
61.25 LTV 12.00 interest rate, prime 9.00 3
years interest-only, 5 for 15 months 6,200-sq.
ft. building contains laser supply and
accessories business Proceeds used as capital to
expand business into new markets, i.e. medical
field.
Golf Course Commercial/ Cash Out Refi -
850,000 loan Direct Valuation 2,500,000, 34
LTV 12.25 interest rate, prime 7.75 3 years
interest-only, 5 of amount prepaid for the first
12 months, 15 annual window 124-acre site used
as a golf course Proceeds used to consolidate
business debt and to purchase new equipment and
as operating capital.
Multi-Family Residential/ Cash Out Refi-
400,000 loan Direct Valuation 750,000, 53.33
LTV 8.85 interest rate, prime 5.60 3 years
interest-only, 5 of amount prepaid for 12
months 9,872-sq. ft. building for investment
purposes. Proceeds used to pay off loan costs,
suppliers, contributors to project, and to set up
3-month interest reserve.
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Several Commercial Deals!
Light Industrial Commercial/Cash Out Refi -
300,000 loan AALS Direct Valuation 850,000,
35.29 LTV 12.75 interest rate, prime 7.75 5
years interest-only, 5 of amount prepaid for the
first two years 10,596-sq. ft. building contains
automotive business Proceeds used to purchase new
equipment as well as for cash reserves.
Multi-Family Residential/Rehab - 1,300,000
loan AALS Direct Valuation 2,000,000, 65
LTV 10.00 interest rate, prime 6.00 12 months
interest-only, 6 months interest
guarantee 10,516-sq. ft., five-building
investment property Proceeds used as cash out and
to finish borrowers construction project.
Construction/Remodeling Residential, Non
O/O/Refi - 247,500 loan AALS Direct Valuation
450,000, 55.00 LTV 10.50 interest rate, prime
6.50 3 years interest-only, 5 of amount
prepaid for 18 months 2,570-sq. ft. dwelling for
residential. Proceeds used to pay off existing
first, cover costs, and to provide cash out.
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Several Commercial Deals!
Multi-Family - Residential/ Purchase - 887,500
loan Direct Valuation 1,350,000, 65.00
LTV 8.85 interest rate, prime 5.60 3 years
interest-only, 5 of amount prepaid for the first
year 11,260-sq. ft. property contains
multi-family property Proceeds used to purchase
subject property.
Office/Retail Commercial/Lease to Buy
Purchase - 550,000 loan Direct Valuation
1,100,000, 50 LTV 9.50 interest rate, prime
6.25 2 years interest-only, 6 months interest
guarantee 10,382-sq. ft. building for
office/retail purposes Proceeds used to exercise
lease option to purchase, cover closing costs,
and impound for following years property taxes.
Paving/Surfacing Business Commercial/ Refi-
625,000 loan Direct Valuation 1,050,000,
59.52 LTV 12.25 interest rate 12 months
interest-only, 3 month interest
guarantee 11,374-sq. ft. building contains paving
and surfacing business. Proceeds used to pay off
matured loan and for equipment purposes.
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How Do You Attract Private Money?

• Put the Property Under Contract
• Have Earnest Money Available
• Establish a Deadline of 30, 60, 90 Days
• Choose Something Economically Priced
• NOT a Personal Residence
• NOTE Shop Early and Quickly for Private
  MoneyNEVER Wait Until the Last Minute

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What a Packet Should Look Like

• Purchase and Sale Agreement signed by both
  parties
• Proof of Consideration
• Private Money Exchange Application
• Current Credit Report
• Proof of Funds
• Bank statements
• Investment accounts
• Partners information
• Property Information (Tax Assessors Info)
• Square footage
• Year built
• Size of lot
• CMA- Comparable Market Analysis

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Are You SERIOUS About Making Money In Todays
Market?

• All You Need is 2 Things

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1

• Viable Market Place

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2

• A Proven System

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Simply Fill Out The Webform With Your Great Deal

• Our team at Private Money Exchange will then call
  you and support and guide you through the package
  submission
• Once your deal is accepted, well match it with a
  Private Lender
• Your Banking and Funding Woes are OVER!

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www.PrivateMoneyExchange.com/larnold
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Well Even Throw In Two Tickets to Network
Mastermind
Value 3,997
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Well Take Care of the Rest!

• www.privatemoneyexchange.com/larnold