Transcript for:
Gator Lending Essentials for Beginners

so let's give away 10 000 bucks how about that [Music] so guys i get questioned all the time over and over and over how do i get started in real estate most people think that the only way to get started in real estate is i got to find a deal i got to fix and flip a deal i got to sell a deal or whatever and a lot of people brand new don't even realize that lending on a deal is a possibility for them even if either a you have less than two thousand dollars or b if you don't have any money at all so what i've just created is i've created something called gator lending that's right gator like alligator like right down there the florida everglades where all the alligators in the whole country are this is the gator method now you're gonna be watching a video that i've already done it was a live zoom a thousand people came into a zoom completely packed out couldn't let people out because if they got out they wouldn't be able to get back in type of zoom it was unbelievably epic where i told people top line what gator lending is and somebody who doesn't even have any money no real estate experience how they can get started with gator lending again you don't need any money with one of the options and the other option you could start with as little as like 1200 or 1500 so i want you guys to know that this video you're about to watch is unbelievably crazy amounts of value but it's going to lead into me doing a live that's right i'm going to do another one so take the training you learned from this video and we're going gonna go and do q a before i launch into a full-fledged free gator lending mentorship i'm not gonna charge you anything for it i just wanna show people how they can get started in real estate without having to call sellers without having to build an acquisitions team without having to work and negotiate and do all this crazy paperwork how can you get your hands on real estate transactions and make really good money this is an unbelievable unbelievable strategy gator lending watch the video sign up on april 10th guys on april 10th so from the day of this video you guys are gonna have about two weeks to get signed up only a thousand people are allowed to be in this zoo last time we did this i gave people three days heads up and it packed out at a thousand you'll see in this video i don't charge anybody for anything i'm just trying to give crazy levels of value so please sign up in the link in the description down below and we'll see you on april 10th where i give you guys phase two of gator lending for free hey everybody happy monday evening wow wholesale hotline man it's hot and uh three red blooded american males just talking at the same time over top of each other it's just intense kind of prefer doing my own thing to be honest so here we are 933 people this will this zoom will max out i only my my zoom will only allow me to have a thousand people unfortunately so consider yourself lucky at some point if you leave you won't be able to come back and the reason being is because we will max out at a thousand people so let me do a couple of things give me about two minutes i will go i will do everything tonight that i plan on doing even if it takes me an hour and a half i will do everything i plan on doing what we're going to talk about are some really cool ways that no matter who you are no matter what resources you have you can actually become a gator lender and i'm going to break down what a gator lender is for those of you who missed the four hour live yesterday i'll break that down in about five minutes uh tell you what we talked about personality types real quick and then tonight specifically i'm going to tell you guys about gator lending and then at the end we're going to give away 10 000 to somebody and uh have a good time i promise you guys we will go through everything tonight i know a lot of people were upset that i was not able to finish the zoom yesterday but i did a four hour zoom for free anybody that uh is not an existing student hell if you're an existing student of mine did i sell anything yesterday did i have a link in fact most people that were saying hey how do i join your mentorship i told you guys it was sold out so not here to sell you guys anything i'm going to show you guys a very very easy way to get started in real estate as a gator lender so give me just two minutes all right i'll be right back one eternity later so here here's yesterday here's what we did yesterday we talked about where to find actually wrote down all the questions why do i need a private money lender did i sufficiently answer that question yesterday give me a yes in the comments if you guys were there yesterday did i sufficiently answer why and tell you a very specific story about an address a deal showed you guys proof all that kind of stuff of why you need private money lenders okay i also showed you guys where to find them i showed you guys who they are right i bro have you guys ever seen anybody break down personality types of private money lenders by the way i've paid a lot of private money lender educators and nobody ever taught me the personality types it took me years and years and years of actually working through and working with private money lenders to understand the personality type so what i'll do for you guys anybody that did not watch that zoom from yesterday i will potentially share that with you guys later i i don't know if i want the whole thing out there because i was cussing and it was really raw so i don't know if i'll share that with you guys but maybe i will maybe i'll edit it and give it to you guys um did i show you guys how to talk to private money lenders and that did i tell you when they get paid off how do i pay them off all that kind of stuff cool so the challenge with a four-hour zoom guys is that it cost me money to have somebody go through and edit it and take out all the cuss words and the boringness and all that kind of stuff and essentially i don't know that when i'm gonna be able to do that takes time and energy to do that and a lot of money okay so the one thing that i got to that i was not able to jump into in depth was something called a gator lender and a lot of people dm me like that is the first time i've ever talked about a gator lender so let me remind you what that looks like and tonight the main topic is either a how do i find gator lenders or b how do i become a gator lender because i feel like if i'm brand new to real estate and i don't even have money for wholesale and marketing and all that kind of stuff i actually can become a gator lender and you're gonna go wait i'm 18. how do i do that wait i've never been a lender wait i don't have enough money i'm going to show you guys exactly how this is done so this is the personality types do a little screen share for you do you guys feel kind of lucky that you're in a thousand person zoom and it's maxed all the freaking way out i feel bad for people that aren't in here so here's the personality types let's go through them one more time we've got the whale right and the dolphin so the whale leave me alone pay me my returns i'm not in business of making money i'm in the business of preserving money they're usually at seven to ten percent there's all the details of them then we've got the dolphin completely different personality completely different place you find them completely different interest rate completely different goals swimmer most of my investors that invest with me are actually swimmers people that invest with me specifically because they want to learn my deals how i'm finding them how i manage them what my team is doing i got i showed you guys my slack channel yesterday and showed you how my team is making decisions on every single deal sharks there are sharks out there that are lending money these are people that are doing deals already but they don't have enough deals so they're lending money and getting to other people's deals okay by the way i'm not going to answer questions tonight especially unless it's specifically about raising private capital i will potentially answer your question but the reason why we ran out of time yesterday why did we run out of time yesterday guys we ran out of time yesterday because i ended up i love answering questions for people i ended up answering questions for two hours to people and we ran out of time so the ten thousand dollars i wanted to give away yesterday wasn't able to do it so i'm gonna do it tonight now those questions were super valuable i didn't want to stop them they were amazing gave a lot of people a lot of value but i'm not gonna deviate tonight i'm gonna stay right on topic because i've been working since four o'clock this morning it's now seven a lot of people over there on the east coast it's 9 42 p.m so we want to stay on topic and get through this as quickly as possible now a gator okay a gator lender is a transactional lender somebody who's funding on a transaction very quickly they're coming in and getting chunks you guys notice there's not really an interest rate here because they are lending based on chunks they make a lot quickly and they do a ton of transactions they're in and they are out so let me tell you a couple of four instances i've got a handful of these deals going on right now multiple ways that you can be a transactional lender or a gator lender gators are both in the water out of the water they do both they're jumping in they're jumping out couple of ways that you can be a lender as a gator number one i have somebody right now that i'm lending literally fifteen hundred dollars to i'm lending fifteen hundred dollars to them for one purpose the purpose of me lending fifteen hundred dollars to them is for what why do you guys think i'm lending somebody fifteen hundred dollars what could somebody use with fifteen hundred dollars in real estate there you go emd somebody got into a deal that they're super excited about and they don't have the money for the earnest money okay so a lot of you guys that are brand new you don't know earnest money is if i'm a wholesaler and i go to a real estate agent or a real estate or a seller and i get into a contract with that seller me and this seller get into a contract that says i'm going to buy this house for this dollar amount every single contract is going to state earnest money means in order for me to actually start the transaction i need to put 100 down a thousand dollars down five thousand dollars down a lot of times it's one percent of the purchase price you have to go and open escrow so take this contract down to a title company hand it over to a title company they begin the transaction and all the searching and all the title work but they're going to require you to put down whatever your contract says of earnest money so there's a lot of wholesalers right now tell me right now guys if a cell be honest by the way there's a thousand of us in here it's still a tight-knit community if you have a thousand people in here can you imagine how many people in here right now that if they got into a contract with the seller required them to put one percent of their 300 000 purchase price how many people in here right now could not come up with that three thousand dollars give me a yes or give me a no say me or not me okay they'd be you'd be stuck right you'd be stuck so guys look at the comments thousand people in here all right so here's the thing that i can do with transactional lending okay i can fund people's earnest money so i've got an earnest money deal right now where the whole seller needed 1500 to cover his cost to get into the deal okay fifteen hundred bucks how much money would i make if i was going to earn ten percent of that over the course of a year all right so if i earn ten percent on that fifteen hundred dollars over the course of a year it's not really worth my time right so most big lenders like hard money lenders private money lenders they don't want to waste their time with a 1500 little lending fee gator lenders or transactional lenders lenders that are coming in and out most people would look at your little deal and your earnest money as a dead carcass i don't want to deal with that but guess what animal eats a dead carcass all day long an alligator an alligator will eat a dead carcass so what i'm do what i'm doing for a lot of people right now is i'll show you guys how to become a gator lender here in just a couple of minutes but i'm helping people fund those deals and i'm teaching other people how to become a gator lender because how much money do you think i'm gonna make on that fifteen hundred dollar covering their earnest money transaction stop thinking about the paperwork for a second guys please stop thinking ahead of yourself and stop creating limitations in your brain immediately do yourself a favor by just focusing on one step at a time i will make five thousand dollars on that fifteen hundred dollar transaction five thousand dollars the whole seller's making 25. i told this this is what i said the wholesaler says i don't have the money to cover it but i already have a buyer and the buyer doesn't want to put the 1500 up until title is clear and i go okay i'll put up the fifteen hundred dollars because i have the proper paperwork that will make sure that if the transaction doesn't complete i get my money back i'm fully protected i will put up the fifteen hundred dollars what is it worth to you he goes well i'm making twenty five thousand bucks i go what is it worth to you wholesaler says i'll pay you five thousand dollars at close of escrow i go okay as long as i'm on the hud i'll give you the 1500 bucks guys you know how many times i've done this i've done this so many times now check this out i'll walk you guys through the paperwork i'll walk you through all that kind of stuff it's very very simple it's not just earnest money it's also probate fees i get a lot of wholesalers same thing hey my seller needs to go through probate i already have the house under contract i already have a buyer lined up but i don't have the money to pay for the probate and i need help and i go no problem i will lend money on this my risk is a little bit higher in a probate situation again i'll go through the paperwork i'll go through all that stuff with you and i'll pay for the probate let's say it's twenty five hundred dollars or five thousand dollars whatever it may be and my cost i have a probate deal right now i'm covering if i was a lender at ten percent or twelve percent and i loaned five thousand dollars on let's say a credit card or a line of credit how much money would i make at 10 at 10 percent i'd make 500 for the year is that worth my time it's not enough okay and so most big lenders hard money lenders private money lenders are they gonna waste their time on a five thousand dollar deal no and so a gator lender somebody that comes in and will look at a dead carcass or an animal that nobody else wants to eat and alligator will actually come in that water temporarily pull that out or they'll even go into the water and bring it down to the bottom of the water and they'll eat something somebody else is not willing to eat they'll make use of a deal and they'll actually get that transaction completed so the gator lenders are incredibly important a lot of people don't talk about this because they don't know about it so essentially i fund a probate i pay for the probate attorney it goes through probate all that stuff is done i have a deal right now i'm making 10 grand on a 5 000 deal i'll make 200 percent on me paying for probate i'm inserting my deal because again guys i'm not basing it on interest i'm basing it on a chunk of money a chunk of money a chunk of money okay now let me tell you a couple of deals and you i'll open it up to some questions and i'll i'll kind of tell you guys how you guys can get started on that kind of stuff as well i've got a deal right now and i don't know if the person is in the side chat i apologize if you are but i'm currently negotiating a deal listen to this is going to psych you out okay this is this takes about a year to build up to this if you become a gator lender it takes about a year to get up to this level if you build up a line of credit and i'll show you guys how to build up a line of credit here in a second you guys can work up to this type of transaction i currently have somebody it's a wholesaler working on a big portfolio portfolio is a large chunk of homes i think it's like 112 homes in the north carolina south carolina virginia area over there they are taking down a massive portfolio of houses seller finance with a down payment they don't have enough money for the earnest to open the transaction and so they need hundred and twelve thousand dollars to cover their earnest money on that deal what do you think i'm charging for that deal you think i'm charging 20 a percentage you guys think i'm charging a percentage kimberly bolton already knows the answer to this i'm actually getting two houses from this transaction i will own two houses out of this transaction of me coming up with the two hundred thousand dollars i will also earn ten thousand dollars in return and i'm negotiating five percent ownership of their entire portfolio guys there are way more ways to make money in real estate than you have you can even comprehend what you guys are stuck on is there's a lot of people in here that are like i have 500 or 2 000 to my name and i don't know where to get started guys do you know how easy it is to become a gator lender and nobody talks about it because it's incredibly easy the thing is it's only the creative people like me that understand this and i get people that have been in this business for 30 40 years that call me go hey i've got this situation how would you structure this because i always come up with a really easy way that both parties win but you make sure you don't leave any meat on the table okay because a gator is not going to leave anything on that carcass they're going to eat the entire thing okay so i'm going to pull this up i'm going to pull up a handful of people that i recently helped go out and get a line of credit here so you see all these do you guys see these dollar amounts right here 23 grand 15 grand 12 grand 11 grand 9 500 these are all lines of credit that i've helped people look this one's at 2100 bucks i helped somebody get a 2100 line of credit here's another one three thousand dollars three thousand dollars fifty three thousand 000 right so it's very simple here's what i'm gonna do i'm gonna i'm doing this all for free okay because i think this is i if you guys don't remember this like six months ago i had this thing this conversation in my mind of like how do i genuinely get people to get their hands on a transaction even if they're not good at talking to sellers they're not good at marketing they're not good at anything else how do i teach people how to get their hands on a transaction and literally yesterday while i was in this zoom with you guys for four hours i came up with the idea of like why don't i put a whole package together where i have my attorney sean saint claire put all the lending documents and all the things to safeguard you all the paperwork that you would ever need to become a gator lender and i will give it away to everybody that goes out and gets a line of credit i will pay for it and i will give it to you so a handful of this the people in here i help them get a line of credit here's what i'm going to do we are going to help a thousand people in here dude this is insane what i want you guys to do is i'm going to show you guys and walk you through how to get a line of credit could be 2 000 bucks could be 5 000 bucks could be 15 000 bucks and i'll teach you guys how to do all of this but here's what i want you to do i'm going to set up another call with sean saint claire my attorney i have a student one of my students has piss poor credit i helped him get a two thousand dollar line of credit in like two weeks anybody that's used pcs what i want you guys to do is i want you guys to go to primecorporateservices.com forward slash pace look at my students talk about pcs what i want is we're going to i'm going to have them put a list of everybody that's on there and email me and what we're going to do is we're going to do another zoom where i bring in sean st claire and i show you guys the paperwork in order to become a gator lender i'm going to open up q and give away 10 000 bucks here in probably 20 minutes or 30 minutes but i want you guys to make sure that you have my link okay go to primecorpsservices.com forward slash pace here's what here's what i want to do i'm going to teach you guys how to not only get a line of credit for like 2 000 bucks even if you have somewhat piss-poor credit i'm going to show you guys how to find the people that's what we'll do in the next zoom for the people who actually i can teach because here's the problem and raise your hand if this is you you have an addiction to consuming content and i have a problem i create a lot of content i get that but you guys will consume a lot of content and not take action check this out so we did a driving for deals challenge back in october 26 day driving for deals challenge we had a 26 day driving for deals challenge and on day like five somebody comes in and asked me a question and by this time we've already locked up four contracts in this live challenge right and this person comes in and goes okay so i'm just wondering like how do i you know call these sellers i'm like where have you have you not been watching they go yeah i've been watching i go we told you to download the software that was like 12 or whatever it was on day one like where have you been and so i learned that anytime i do something that requires people do you does any was anybody on that live and you saw that happen where there were like 300 people just consuming content in my driving for deals challenge just sitting in there i'm like what are you gonna do sitting here for 30 days and literally not do anything look at how like everybody's like yep i was there i remember that so yep it was the squirrel challenge it was just like people were just shiny objects shiny objects shiny objects so what i'm going to do and i learned to do this in the driving for deals challenge is i locked out people past day five i think it was or day six that had not taken the first steps of action okay so what i'm going to do is i'm going to get sean sinclair prime corporate services and i'm going to walk people through whether your credit's good your credit's bad whatever it is i'm going to walk you through how to get a line of credit okay we'll do that in a zoom for anybody that has like signed up for a call with prime corporate services they're not paying me i'm doing this all for free i'm doing this all for you guys for free i will even pay for my attorney it'll cost me what do you guys think it would cost me to have my attorney draft up all the lending documents so you can go out and start a gator lending business right it's not 25 grand guys it's probably gonna cost me anywhere between four and seven thousand dollars i will have him come into the zoom answer questions about the paperwork i will give the lending documents to anybody so that when you lend to a wholesaler you lend to a realtor you lend to somebody on a probate deal you lend on a larger deal you understand how to protect yourself and also insert yourself into the actual transaction with the title company so you're guaranteed to get paid i've got a deal right now actually heather witzig heather are you in here heather what up hey how's it going pace i'm good hey um so you and i are working on a deal right now where you are having me fund 50 000 to you is that correct that's correct yep be honest everybody how much am i charging in interest um be totally honest be totally honest zero okay but why am i doing that because you're amazing well i i know that but here's here's the thing i'm going to tell you the truth of why i'm lending fifty thousand dollars to you for free okay yeah and i'm gonna do this in front of a thousand people why am i doing this one you're a newer student of mine and you're doing the morby method and i want to help you get through that transaction so that you can turn around and help hundreds of other students and i imagine since you joined sub 2 you feel the love and the adoption like people adopted you into the sub 2 family like very quickly right oh 100 yeah yeah the reason why they did is because since day one i've been lending to people for free i've been helping people's deals get done jumping in calling sellers doing all that kind of stuff so that i can turn people like you heather into leaders and ultimately you will turn around and help me grow this community that is the ultimate goal yeah the larger the community the more people are doing deals together heather where did this deal come from did it come come from somebody else or did it come from you uh it actually is because of what i learned in the short story yeah it was just it came from another student okay perfect that's what i wanted here so the deal came from another student this is why the sub two community dominates all other real estate communities because p you can find your deals in there you can find lenders in there contractors in there partners in there acquisition people in there whatever you need you can find it in sub too and so since the creation of the morbi method and me going through that have you been on the phone with like sean sinclair and i know molly's been helping you out a lot with this transaction yeah i didn't get a chance to talk to sean sinclair we haven't needed to yet but i've been talking with molly yeah she's been great perfect so what i want to do i want you to understand do you know where my fifty thousand dollars is coming from from gator london it's it's come well gator lending is a method but the fifty thousand dollars i i'm i'm giving you actually came from a line of credit it's not going to cost me any money nice so the line of credit is what i'm going to teach you guys how to go do on your own so that you can insert yourself into deals like this like heather would your deal could it get done without my fifty thousand dollars i mean we might have been able to find it elsewhere but yeah you you saved the day somebody somebody else somebody else would have come in they would have charged you money right yeah definitely and you would have been glad to pay the money i'm sure there's other people you guys are raising money from that you're paying money to right uh not yet this has kind of been the only deal i'm working on right now at the moment you have other people lined up for this transaction is that correct yes okay and you are going to pay them interest yes okay so this is the advantage of having a line of credit or having even something small two thousand dollars right two thousand dollar line of credit can turn into five grand real quick five grand it can turn into ten grand real quick you can get yourself into a powerful position where you can lend 50 000 and go i don't need any interest on it because i just want to see a deal get done because i have all this other gator lending essentially happening all over the place like i have i'm probably i don't know 40 50 000 a month and just little transactional lending that i'm doing all the time so anyway heather i know that there's some new developments there and i'm jumping in which is actually a great point because there's another part to this that i'll jump into in a second heather i'm gonna i'm gonna leave you okay but thank you for coming in here so my job as a mentor is to do things that other mentors are not willing to do things that i really wish somebody did for me when i was starting out have you have you guys ever had a mentor lend 50 000 to you for zero cost just to see you win just so you could turn into a leader and then go and help another hundred people do that that is what i'm trying to do this is why i'm on a free zoom with people i'm trying here why would i do a free zoom let's let's figure out why am i on the free zoom we'll give you very clear definitive reason why i'm here and what my motivation is my motivation is my students learn how to become gator lenders and my students go out and lend money transactionally on earnest money probate situations whatever it may be and they put themselves in a situation to help the free community anybody that's not a student in here have you ever been helped by my sub 2 students and have you done deals with my sub 2 students my job as a leader is to turn other people into leaders and so right now what i'm trying to do is teach you guys how to do that so that you guys can jump into real estate now question is there any reason you could not be a gator lender if you started out with two thousand bucks if you had two thousand dollars could you learn how to be a gator lender and ultimately get to a position where i'm at where i can go lend two hundred and twelve thousand dollars on a deal because my line of credit has grown so much that i can go out and lend on a deal get two free houses in the process five percent of that entire portfolio and ten thousand dollars in a chunk of money okay you guys want to hear a couple of other transactions i'm in the middle of that'll kind of like blow your mind okay this this one's an interesting one this is kind of crazy i want to make sure i describe this properly a christian says blow my mind pace all right guys so here's what i'm gonna do uh louis says when i win the ten thousand dollars i'm gonna become a gator lender cool so a couple things we are going to do a zoom next week who am i doing the zoom with i'm doing the zoom with action takers people that are actually signed up to learn how to get a line of credit from prime corporate services so go to primecorporateservices.com forward slash pace doesn't mean you have to have a line of credit because we're going to walk you through and show you how to get a line of credit on the next call okay so you guys need to go in there right now uh appointments are booking fast i'm sure they are everybody's saying appointments are booking fast appointments are booking fast appointments are booking fast all that kind of stuff what you need to do is you need to take action i'm not messing around with people that don't take action 17 people have their hands raised i'm sorry those are 17 questions they're probably not going to get your answer sorry trevor you're a student you can come hang out with me tomorrow night for i'm going to be doing a five hour zoom if you guys are students of mine agnes by the way agnes how are you doing agnes i pray do if i ever say i'm going to give you free money do i give you free money hell yeah oh yes you do we didn't know we didn't know agnes is going to come out of the gate just spitting like that actually so here's what happened i actually told agnes um she won some money and my team didn't get it to her for like a couple of weeks so i was like you know what throw 20 on top of it i paid you interest on that money you got it today i think right i haven't checked my account but it's on the way for sure because you did send me that i honestly did not know that you could be lending like that i kid you not i have lines of credit and i have credit cards i have money in my bank account to fund my own deals that is just sitting there i didn't know that i could do this like this is a complete mind shift this is crazy it is crazy well let me let me tell you something even crazier agnes come in and talk to me tomorrow i'm not going to do q a tonight for this because i'm going to keep it really short and sweet because i want to be able to have enough time to give away the ten thousand bucks tonight would you guys be pissed off if i did two zooms and i didn't give away the ten thousand dollars again okay so i we we'll give away the ten thousand bucks basically guys i want you to understand where the money came from i had a subject-to deal that i bought years ago i refinanced it out i pulled out nearly 400 000 in equity i reinvested that money by paying off some private lenders of mine and then i went and funded a couple of my own deals without lenders which is great but then i had money left over that i'm like okay well you know you always want to give away 10 percent right 10 percent either your church you know god whatever or you want to give it away and help out people that really need the help so for me i care about my community and we had this thought somebody made a comment to me is like hey are you giving away a car anytime soon because in 2021 2019 and 2018 we gave away five cars per year but where did those cars come from those cars came from us buying houses through probate one of them i actually was the gator lender on and i got the car in the transaction we get cars all the time we get them all the time like in garages and stuff like that on houses we buy jamil gets them all the time too and so what we do is we typically just give them away on instagram so about a month ago somebody dm you go hey are you going to give away a car again i'm like man i haven't given away a car in like five or six months so i asked who would want a car and it was literally like hundreds and hundreds of dms for weeks and weeks and weeks and so we made the decision hey i'm going to go split this up i'm going to take 12 grand for a car 10 000 for cash 10 000 for cash and then i have i bought a family member a car for 8 000 bucks so that adds up to the forty thousand bucks so i'm gonna give away forty thousand dollars twenty thousand dollars in cars and twenty thousand dollars in cash and that's my essentially my my tithing for the year or on that specific deal okay so that's where the money came from now steve harwood from prime corporate services asked to chip in for that ten thousand dollars and i rejected it i was like no man like let me help you guys out you guys have helped out a lot of my people i showed you guys all the lines of credit that they've been helping people get just this month they helped 550 000 worth of my students get lines of credit some of them are three grand right so we a lot of 18 year olds getting 3 000 lines of credit now guess what i can do i can go into groups on facebook okay how many wholesaler groups are on facebook guys how many comments and youtubes are there that you can go in and say hey i can be a transactional lender and cover your costs for your earnest money how many deals will you be able to get your hands on here's a good strategy call a title company we have a transactional lender that came to our title company like i don't know two or three months ago and because i own a title company and they say hey i do transactional lending if any of your wholesalers or real estate agents need earnest money or down payments or any of these types of things or if they need to double close they need to double close a lot of people in here don't even know what double closing means but if they need to do a double closing i can do their transactional lending i'm like i'm the transactional lender around here dude this is my title company but it's a very simple deal where you can go into title companies guys how many title companies are there in your state you ever drive around and go dude there's title companies every freaking where so check this out uh payton says i feel the fact that pace is bringing the small details to the forefront of real estate to help everyone just getting into the game to provide the actual zero dollar out of pocket legit guys i get so many people that say how do i start in real estate is being a gator lender for like 2 000 line of credit not the easiest way to start in real estate and then what we'll do is on the next zoom everybody that took action is like actually signed up for with pcs i'll have pcs put everybody in a zoom and then i'll show you guys the strategy of actually going out and finding those people to lend money to more importantly what i'll do is i'll show you guys with my attorney i'll bring sean saint claire in and i'll show you guys the paperwork walk you through the paperwork and i'll give it away to you guys and what here's the here's the thing that's going to happen is this something that i'm only going to keep private to my students is this a this is a creative strategy for sure nobody talks about this you'll never find any of this on youtube there's not a book about this none of that's out there and i'll tell you a couple more transactions i'm in the middle of that will help you understand this even at a deeper level but what's going to happen is i'm going to take this and i'm going to go put this on youtube and every time somebody dm's me and says how do i get started in real estate what zoom do you think i'm going to send them to okay so my goal is for the people that are in my immediate audience right now which are a thousand people locked out in ho in zoom my goal is to get you guys to take action before i basically educate the masses i want to get you guys rolling and to get you taking action and in two three or four months my team kelly will have an edited version of this that will ultimately go on youtube is the same thing with like the dr zero to hero season ones uh the driving for deals challenge the people that benefited the most for those challenges were the people that were there live and we would spend 20 hours a week doing q a showing you the real thing going behind the scenes doing the actual task all that kind of stuff that's my goal with this group of people what i know is the majority of the people that are going to take action are my students because they're proven action takers so my goal is the other people in the side chat who are not action takers are ultimately going to be the people that my students lend the money to so i'm hopefully connecting you guys together so that you my students can go and start a new business endeavor and be somebody when you so check this out everybody that signs up and learns creative finance you have a super power that is unbelievable a superpower okay there's entire students that have built their entire business based on the ability to get a dead deal turned into a good deal through creative finance so think about this i go into a facebook group and my name is pace well let's say it's anybody else let's say it's caleb christopher right i'm caleb christopher i go into a facebook group let's say ohio wholesalers whatever the facebook group is and i go hey guys new to the group my name is caleb christopher i can do three things for you one i can help you underwrite or look at your deals some of you guys can do that some of you can't do that two i can help you revive your dead leads if you're a wholesaler or your real estate agent and three if one and two are not good for you three i can provide transactional lending on earnest money probate etc types of transactions hit me up i have value to bring to you has anybody else ever wondered how do i provide value to wholesalers how do i go to wholesalers and provide value to them pretty freaking simple now what you want to do is you want to make sure that you have the proper paperwork you set yourself up correctly because lines of credit are used for multiple things right they're used for construction they're used for down payments they're used for whatever payroll a lot of times for people that are starting out but when you guys are doing transactional lending you got to make sure you have the proper lending paperwork and that's what i'm going to have sean sinclair draft for everybody so tell me this guys where can i sign up and how do i get into the next zoom with sean sinclair prime corporate services and me how am i how do i get into that so what i want you guys to do is set up a call make sure you guys are set up with them i'm they're not paying me to do this to promote this i'm paying money out of my pocket with my attorney i am going to get you guys set up and we're going to turn into a turn a lot of people into transactional lenders now check this out you don't have we're not talking about even 50 000 lines of credit those are dope right and having access to a million dollar line of credit is pretty powerful but we're talking like two thousand dollars three thousand dollars that you can pull money off do transactional lending for two or three days at a time and double your money double your money double your money double your money have there ever been times in your guys's businesses that you wish you had somebody that would have done transactional lending for you whether it was double closing whether it was emd whether it was the down payment on whatever oh my gosh this is such an underserved part of this whole entire real estate world and now i have the answer i have like figured out the magic pill everybody says how do i get started in real estate with little to no money here's the answer become a gator lender go and find things that people are like i need help with this to make this work it's freaking genius it's freaking genius not just genius it's freaking genius so look right there like you have somebody right there says i'm stuck with emd right now laureen says i'm stuck with the md right now i don't have the emd guys this satisfies laureen's problem this is why i'm doing this live right now so that you guys can connect with each other or become the gator lender so i will also here's what i'm going to do in the next live and we'll give i'll give the money away here in just a couple of minutes the next live i'm going to teach you guys about the paperwork i'm also going to teach you guys how to structure the deal like how much should i ask for how to have that conversation i'm also for anybody that takes action on this i'm going to create a transactional funding website okay i'm going to create a transactional funding website with a video and a format and i'll let you guys copy the format of my website so you guys can go out and have your own transactional funding website okay now here's what here's what i would do let's say i go to a title company or i talk to a probate attorney or i talk to a wholesaler or realtor that's like yeah i need transactional lending well guess what now i have a website that explains what i do and then they can set up a call with you on a calendly link rather than just randomly calling you you can make a video on your phone selfie style i'll tell you exactly what to say you put it on a free website show you exactly how to do that too and i'll give you the format so that when you go out and you approach wholesalers real estate agents all the people that need this type of funding they know exactly how and when to get a hold of you they know exactly how you lend money they know exactly the process and now all they have to do is tell you about all that kind of stuff is this helpful for you guys you have a thousand people locked in here is this not the freaking most genius idea ever like of all time insane it's uh you can't dude look at the side chat guys have you ever seen a side chat move this fast in your life by the way so um here's what i'm gonna do i i know this is gonna compound i'm not gonna talk about this anymore we have a thousand people i can't fit more than a thousand people in a zoom well we're at 999 well and now we're back at a thousand so people are losing service and then freaking missing out on this where do i go if i haven't signed up and i want to get into the next zoo so as you guys are taking a couple minutes sign up because when we when we end the deal um i'm gonna tell i'm gonna send an email to i'll send a text message to steve harwood the owner of pcs and just say hey send me an email for everybody and i'll give them the zoom link okay i'll have kelly on my team or somebody on the team send you guys a zoom link in the next week or so uh what do you say to pci okay so here's what you guys say to pcs say i want to get a line of credit what does it take i want to get in line i want to get i want to be able to get a line of credit tell me how to get a line of credit and the people who take action they do corporate credit and they do all that kind of stuff oh my gosh like i could tell you guys all about corporate credit but i don't have time for that today i simply don't have time my daughter if you guys saw a wholesale hotline she was asking she came in here to ask me if i would go swimming with her so i'm going to go swimming with her in the next five six minutes i was able to spend two hours with her this morning and then i spent three hours with her in the middle of the day the tv show let me offset for like three hours i came straight home had lunch with her and just cuddled with it was great so on the next zoom i'll teach you guys paperwork i'll teach you guys how to um you know we'll walk you through the process but you need to be working with pcs on obtaining the line of credit so you book a call with prime corporate and say i need to talk to you about the gator method okay and prime corporate knows what the gator method is i need to get a line of credit whether it's two thousand dollars three thousand dollars ten thousand dollars whatever and they're going to go through the thing i have a student guys so steve this is steve harward texting me right now he says 258 people have signed up for a call i want to know like is this something because i want to i want to make sure i make this a big thing i'm going to do it one time i'm going to record it i'm going to give it away for free on my youtube channel should i promote this again or are we going to get i'd love to have like 500 people take advantage of this are we do i need to promote this again get enough people into this thing who who is not signing up with pcs who's not who is tell me this who is not coming into the zoom with us the next zoom uh it doesn't matter guys if you're already a lot of people in here are already pcs clients so what i want you to do is just email your rep at pcs and say hey i want to become a gator lender and i want to be in the next zoom with pace doesn't matter if you're already a pcs client amazing and you who who by the way who is absolutely loves that they're a pcs client give them some love in the side comments everybody loves pcs all right steve is saying that we are we have 300 people have signed up for that zoom call that's fine like if that if that's all that people are going to take action then perfect i guess the other 700 people are people that are here just for the free ten thousand bucks okay so um couple of other types of transaction i'm in right now check this out you this was this one's gonna blow your mind i've got a deal right now where i'm not the developer but a developer came to me they're developing 75 acres in kansas city christian says how do i get started christian go to prime corporate services dot com forward slash pace okay we've everybody keeps putting the link in here primecoreservices.com forward slash pace and sign up for a call with them and say i want to get started with the corporate credit and i want to be involved in the gator lending zoom they'll get everybody and i'll kelly and steve will make sure that you guys all are included in that next zoom it won't happen this week it's monday this week it won't happen this week because i already know this week i've got my mastermind this week we're filming the tv show this week and then jamil and i are flying out to miami like round trip in one day so it's kind of a crazy week we'll probably end up doing it next week so between tomorrow and sometime a week from tomorrow i will send out a zoom link and tell you guys when we're going to have it it's not going to be something on my instagram i'm not going to be sending it out on you know facebook groups and stuff like that this is only for people that are current or going to be prime corporate service clients dan quijano was asking me to do a case study are you dan what kind of case study are you talking about you talking about like an individual deal because i got like seven deals i'm in the middle of lending on right now he's texting me oh you want you want to start with a brand new one i got a whole bunch of students in here that have recently just last month got five hundred thousand dollars like not individuals but like all the bunch of students have collectively last month got five hundred thousand dollars in lines of credit oh you want to do it deal by deal okay i could show you i don't have time for this but i daniel i think that's a great idea i don't have time for this i have too many ideas i'm i'm taking 30 days and traveling july 1st to august 1st and being somebody's business partner in a random market i don't have time to document all my stuff and like grow one individual pot but what i can do is i can have daniel dan quijano i'd love you want to help me run this bro you want to help me run this and we'll do like um you and i will show people what it looks like to go get a 3 000 line of credit and how fast we can grow that in one year time frame so you guys want to hear something that's crazy check this out two things i want to tell you so my son asher he's how old 15 right i go out get a line of credit my son asher is using my line of credit to lend in facebook groups to wholesalers and he's going to start documenting on his youtube channel and just grow his pot dude he does you don't even he doesn't have to be 18. he could just use my line of credit so watch my 15 year old son do this it is crazy absolutely crazy how simple this is so daniel quijano i'd love for you to be part of that dude that'd be great we'll show people how to do this guys does this solve the does this solve the problem everybody has of how do i get started in real estate how do i get my hands on a transaction how do i make money without calling sellers and not door knocking and all that kind of stuff this is why i i came up with the gator method we're gonna i'm gonna write a book about this okay and we're gonna document it i'm gonna take people that are in this like first group of people before we go out and make it a thing i'm gonna write a book i'm gonna do a whole series on youtube so do you guys think that you're gonna have some competition in the next six to 12 months probably am i going to charge for it no i'm not i'm just going to give it away i'll pay because i want my students to win and i want the people in the side chat to also work with my students on deals i will pay for my attorney to do all the work and we'll do a bunch of zooms with it awesome um who's taking action actually do do this for me we've got a thousand people in here who's not gonna take action on this brian and samantha may says i was hesitant okay okay well as soon as here's the thing guys it doesn't matter when your appointment is as long as you guys have a booked appointment with prime everybody that books an appointment or if you're an existing prime client i'll just tell steve hey whoever like emailed their rep and said they're interested in the gator zoom make sure you guys email your rep if you're an existing client with pcs and you already are working with somebody over there just email your rep and say hey i want to be part of pace's next gator zoom tell me how to get into the corporate credit thing tell them that and you go i'll get make sure you guys get the link okay adrian holmes what i would do is if you don't know who your rep is first and foremost if you are a client of prime adrian make sure you know who your rep is please do that favor for me make sure you know who you're working with and hold their feet to the fire make sure that you have a relationship with the people at prime corporate services secondly if you don't currently have that relationship which is fine just book a call with them and just get on the phone with them book a call with them so you guys you can get access to the link okay okay so check this out so i've got a deal 75 acres in kansas city i'm not even the developer on it i didn't find the deal i didn't i'm not developing it i'm not getting the permits i'm not managing the contractors i'm not doing any of that stuff i then have this developer that comes to me and goes hey pace i know you have access to lending lines of credit whatever else and i'm like i'm thinking in the back of my mind i'm like actually i'm kind of tapped out right now like i've got the majority of my money out on the street right now i'm kind of tapped out i go how much do you need he says i need 900 and something thousand dollars so i go no problem what do i do i found another transactional lender and i put these two people together so instead of me being the gator i wrestled the gator and i brought the gator to the table i was a gator wrestler and i brought the gator to the table and i earned a portion a percentage of equity in a 75-acre development by putting this much money into the deal guys get freaking creative you don't have to be the person that's going out and finding the deals get creative understand how real estate works it is crazy how powerful this is all right it is called relationships but i'll show you guys how to do it okay in the next zoom i'll show you guys exactly how to do it show you the paperwork how to protect yourself all the questions we'll open it up i'll probably end up doing a three or four hour zoom the next time so you guys actually have cool if you guys have questions like actual questions we'll go through and answer that but right now i'm four minutes late to the date with my daughter um how much to start lending from cash 1000 bucks 1500 bucks probably that's all you need uh to be a transactional lending lender eva says pace says how can i not i can't that is very very true you know what's kind of cool so check this out you guys all my students you guys know the free facebook group right so i have three full-time employees working that facebook group the free facebook group creative finance with case morby and the sole reason i created that facebook group was for this the benefit of my students so my students are in a private facebook group we have about 3 700 students in there and i put my students in a position to go and help all these people in the free group right give you elevated education elevated support elevated everything else and you go into the people into the free group so we're going to grow the free group so that you guys have more people to do transactional lending and gator lending to so that you students that actually go and take action you guys have more people to lend money to and double your pot triple your pot quadruple your pot etc what daniel quijano you just texted me bro you want to take action let's do a document where we go let's go get a 3 000 line of credit and see how fast we can compound that i would alm i would imagine that if you had a 3 000 line of credit and you did this strategy i imagine you could probably turn that into half a million dollars in your first year and then not only could you turn that into half a million dollars but you could also gain equity in real estate in other people's deals so i mean you guys see it all the time especially in the sub 2 group people like a lot of our lenders will go and go yeah i'll lend to you at 12 interest plus 20 percent of the back end pace i have a 3 000 line of credit great here's what i'm working with i'm working with people that are prime corporate services clients that's who i'm going to work with i know you've take i know you've taken action i can vet you as an action taker i'm not going to waste my time in a did you guys see what happened in a free four hour zoom yesterday what happens in a free four-hour resume my time gets deviated and i can't focus on what i need to talk about i have to say the same thing 15 20 times i need to work with people who are vetted action takers people who have a uh who are business clients of prime corporate services we will be doing a zoom i'd say in probably 10 days or so okay and then we'll do another couple of zooms and it'll end up being a whole series we'll end up probably doing a five to ten part series specifically about gator lending and what will happen is you guys will very quickly go out and get people that you can lend money to and you'll come to the table and go i have a question about this and we'll do a zoom and answer your questions live and walk you through the process and all that kind of stuff okay all right cool so let's give away ten thousand bucks how about that kelly kelly just sent me a text said don't forget about the ten thousand dollars all right guys we have 450 people who have taken action out of a thousand that's pretty legit 45 percent of people that's pretty amazing i am going to go through all the zoom users hold on just a second one eternity later jordan seislov jordan seislov you are getting ten thousand dollars jordan size love you are obviously in here so hold on just like let me find you jordan size love what up hey pace what's going on man bro how's it feel to win ten thousand dollars man i'm i'm overwhelmed can you right now thank you so much yes we've been going through so much man both of our cars just broke down and um we had to get my wife a new car and you know crazy payment and i got to get myself a new car too so i can get back to work man this this is awesome i can't thank you enough let me see your wife i think she's she's mad at you she's crying what did you say to you pissed at me what did he say did he not give you a compliment today how beautiful your hair is like what's going on he's amazing he's always complimenting me i'm nursing and the baby was trying to pull everything out oh you're nursing i should have i should have gathered that's what my wife does would have seen a show it's like oh my god thank you you're always down to see a show i'm just i'm choked up i'm just i'm in shock could you guys use the ten thousand dollars or should we give it to somebody else i think you should give it to me then give it back to him um here's the thing is anytime i give something away i did this with christina salara anytime i give something away this tremendous amount of cash i want you guys to make a commitment to me i don't want the money back okay i want to see that you are going to provide a hundred thousand dollars of value back to this community and people in real estate because that's what i'm trying to do right i gain something from somebody else and i just compound it 10x to somebody else can you guys commit to me just sorry come here oh yeah you got my commitment harry potter hurry daddy just josiah what's up huge blessing come here papas say hi he's not feeling the best today he's been throwing up all day today oh i'm sorry buddy hey did you know that your parents just won ten thousand dollars man thank you guys here's what i'll do is tomorrow um jordan reach out to me on instagram or reach out actually work with kelly because it'll get screwed up if you try and go work with me work with kelly i'll put you in touch with tony counts my bookkeeper will get you guys wired to ten thousand bucks okay thank you so much man bless you and your family and like you said i'm committed man i'm i'm gonna be out here serving anybody that needs help you know get their first deal sub to community creative financing you know i'm here to help you guys i've been putting my information in the chat if you guys haven't got it you know reach out to me on facebook i'm in the groups and i'll be more than happy to help you guys um amazing you you're a breastfeeding mother with kids you guys have both your cards cars broke down guys you think that they need this ten thousand bucks or what you think we we gave it to the right people give these people some love thank you thank you thank you man i appreciate you brother all right guys we appreciate you i'll see you guys on maybe tuesday zoom or one of the zooms we do this week i'll see you soon thank you thank you so much absolutely you guys are welcome all right guys uh pretty fun evening i apologize for uh going a little bit longer than i planned an hour and 15 minutes hopefully this was valuable to you guys who am i going to see in the next zoom on gator lending that's going to be part of this amazing thing we're going to do we're going to write a book about it we're going to do stories all about this there's going to be a whole i might have to create a whole discord chat inside of sub 2 just about gator lending specifically to teach you guys how to do this we'll bring in my attorney we're going to create a whole strategy specific to this one thing and we'll have a lot of fun build some community around this to help a lot of people because like you guys said there's people or you guys saw in the comments there's a lot of people that have transactions right now but they don't have earnest money right they don't have fifteen hundred dollars to get a wholesale deal done that they're relying on right there's people that i'll fund twenty five hundred dollars for that are making 25 grand and they're too afraid to ask their buyer to come up with the 2500 for whatever reason there are so many ways for you to make money by just being the person that helps people out on these types of transactions it also adds another layer of value that you can provide to other people like you go to urea you go to a meetup who's going to the clever summit who's going to clever summit by the way that's going to be freaking party of the freaking century like so insane three and a half days i'll be in vegas hanging out with you guys and i'm not going to be behind the stage like behind the curtains like most of the speakers will be i'm going to be out in the audience hanging out with you guys taking photos hanging out staying out all sorts of late eating sushi having a good old time but whenever wherever you guys go now you're gonna say how can i provide value to you you can now say i'm i can do transactional funding for you adds another level of value and even if it's like two thousand bucks or three thousand dollars there's value there for newer budding wholesalers now also think about it you're on wholesale hotline you're on sunday service you go on other people's lives you go on youtube right you go into if you go into jerry norton's youtube or max maxwell's youtube and their comments they have so many people that are like how do i cover my earnest money guys you can just go into youtube and go hey send me a message i can do transactional funding for you wholesale facebook groups how many facebook groups are out there right now that there are wholesalers that are just desperately looking for somebody to help them cover 500 to 1500 or 2500 of earnest money so really good strategy should have a lot of fun by the way you know how many lenders there are in the country us turning 500 of you guys into it won't even make a drop won't even make a drop there's so many lenders out there how do i get a sample contract norma you could go to pacemorby.com and i give away contracts on there for my cash stuff when is the thing in vegas helena says we lost 100 people with all this info but here's the thing is people leave because they wanted the ten thousand dollars they didn't come here for anything other than ten thousand dollars that's always going to be the case guys that's a filtering mechanism anytime you're around that type of stuff consider it a massive massive blessing that those people reveal themselves and their desires you will never have to worry about that as a negative thing i look at that as one of the greatest positive things in the world is when people filter themselves i don't have to learn who you really are you filtered yourself for me it is the greatest thing ever so when people say how do you get over when people hurt your hurt you and take advantage of them you're like i thank them i say thank you for showing me who you really were way faster than six months or a year or two years or three years etcetera okay all right guys um in the side chat i'm about to put a link a handful of people said what's the vegas thing and when's it gonna happen unfortunately it's completely sold out cody sperber told me that they originally had like 1100 tickets we now have twelve hundred sub two students specifically twelve hundred sub two students are going to the clever summit we sold out the original event just the sub two students so cody ended up moving to a 000 person room in the mgm and that sold out it's completely sold out so if you guys are wanting to be part of that there is only digital tickets left which is pretty amazing itself you guys can at least watch it get the recording of it etc i'm gonna put the link in the side chat please guys give me a minute i'm gonna i'm gonna answer a couple of questions if you guys don't mind please help me by putting the link in the side chat for everybody if you guys are looking for virtual tickets there's the the link trevor do you have a question about private money lending hey pace good to see you good to see you brother um i owe my little brother some money but i would like to bring some value to him he wants to be involved with real estate but he wants to be hands off okay he's a um he's a professional baseball player so he just wants to make some money and so like i don't want to just repay him but i want to repay him with value and so this to me lines up perfectly that's what i wanted to ask about how to loop him in into kind of functioning that way on the gator landing yep the way you'll loop him in is i'll show you guys how to structure a business around this on the next zoom where we have a little bit more time and i'll like bust out my whiteboard and i'll write things down and i'll give you guys like diagrams of like here's how to structure this and here's what you do and here's what you can expect and i'll even create like a excel spreadsheet to kind of show you projections of like here if you do this you'll earn this if you do this again you'll earn this and i'll break that down in a lot more specific detail on the next zoom perfect thanks make sure that you come in and raise your hand i'll make sure i remember that you specifically had a question and we'll talk about your brother and your specific scenario at that point um all right guys you guys did everybody have fun anybody learn a couple things you guys learn a whole new strategy that you didn't even know existed i lit i i'm i'm not joking you guys i probably gave you guys a million dollars in value if you took action on this exact strategy i gave you a million dollars of value that you can use the rest of your life i have called this strategy because i've been doing this for years i used to call this the wedge strategy where i would wedge myself into people other people's transactions because i had a resource in fact another resource you could do that's not a line of credit but i have a deal right now it's a morby method transaction a lot of people in here don't even know what a more be method transaction is i'm sorry you guys don't know creative finance but the more we met the transaction that i'm in i'm lending my credit i'm actually a qua i'm qua i'm the qualifying party for somebody else's transaction and i'm obtaining the loan for them i will then earn a chunk of money and then i will earn a portion of equity as well so i didn't have to find the deal talk to the seller negotiating anything i didn't actually have to come out of pocket any money i just leveraged a resource i had to wedge myself into a deal so um i will teach you guys all these strategies in future zooms we're going to create a whole series on this so i'm so freaking excited about this with you guys i think let's see um we have 500 people that have taken action so i will see 500 of you guys in the next zoom it'll be a blast so guys thank you so much i don't know the next time i'm going to give away 10 000 bucks but next time we'll maybe even give away more maybe give away another car so see you guys in the next zoom thank you guys so much [Music] you