Access to private money lenders can have a multitude of positive effects on your real estate investing business. It’ll help you close more deals and make more money.

One of the least obvious perks of using private money lenders is – you can get highly profitable deals trickling down to you automatically. You won’t have to spend money on marketing or spend hours of your precious time scouting MLS for bank owned  REOs or other distress properties, making dozens of low ball offers… And hope one will get accepted.

There is a better alternative. And it happens in the natural process of buying and selling houses with private money financing. It works almost like a self-fulfilling prophecy.

When you use cash from one of your private money lenders to buy a house, you can fund and close your deal in a week, instead of taking 30-45 days typical for a closing with a conventional mortgage loan. Every time you use  private money loans to close fast – more title companies and real estate agents will become aware of the fact, you’re one of the few, very few real estate investors who can perform. In real estate industry a fast, problems free closing is a commodity in high demand.

For real estate sales professionals – fast closing means they get paid sooner. In today’s tight financing climate when buyers take forever to get approved for loans, Realtors will love you for helping them get a commission check in days rather than months. While many contracts never get to the closing, the fact that your deals funded with private money are sure to close will make you even more valuable to both title companies and agents.

Real estate agents who routinely list REOs will keep your name and number handy. They’ll call you every time they have a foreclosure listing they’re getting ready to put on the market. Clearly, they’d rather have you submit an offer with cash from private mortgage lenders than an unknown buyer who needs an approval for a bank loan.

Imagine a different scenario. A real estate agent has a listing on a bank owned property. The property sells to an investor  at a huge discount as a result of drawn out negotiations with the bank… But the buyer couldn’t close on the deal. Now the agent has to find another buyer quickly, before he loses the bank listing.

He’ll have to go through his Rolodex to find his most reliable buyer who can close fast with cash or quick financing arranged through private money lenders. If he doesn’t have one already, he’ll ask the title company and his office colleagues. Who  gets the call about the deal? You, of course! You’ve proven yourself in the past in your marketplace. You slide right in and pick up a juicy bargain delivered to you literally on a silver platter at the same low price.

The more deals you close using private money lenders, the more professionals will like and trust your ability to deliver fast, guaranteed closing. And the more deals will “magically” find their way to you. Buying properties at discounted prices using private money lenders doesn’t get any easier than this.