Super Real Estate Expert, Lou Castillo, Defines Private Lenders and Where to Find Them
Released on: January 21, 2008, 9:30 am
Press Release Author: Lou Castillo
Industry: Education
Press Release Summary: "A Private Investor might be the Guy Next Door"
Press Release Body: Super Real Estate Expert, Lou Castillo, a proven expert in the real estate investment industry, is well known for assisting other investors in mastering the real estate investment world. Lou Castillo provides such powerful real estate investment tips, he oftentimes has investors seeking him for assistance. Lou Castillo continues to share his overwhelming success.
Super Real Estate Expert, Lou Castillo, offers advice on the daunting task of finding private real estate investors. "Most private lenders are not loaning funds for real estate because they are already earning in excess of twenty percent interest on investments in other areas," says Lou. Super Real Estate Expert, Lou Castillo, suggests targeting private investors already investing in IRA's. Lou explains people who are currently investing in an IRA are only earning one to two percent interest. These investors are also under the impression that they cannot touch the IRA until they are sixty or sixty-five years old.
Super Real Estate Expert, Lou Castillo explains how private investors currently investing in IRA's can utilize their funds for loans by rolling their current IRA into a self directed IRA with a third party administrator. This allows the private investor to transcend from making a mere one to two percent interest on their investment, to a hefty eight to ten percent. "This is a five to six percent increase on their investment," Lou says.
Super Real Estate Expert, Lou Castillo, tells how to find private investors willing to invest from their IRA's. "Talk, Talk, Talk," Lou says. Lou explains how casual conversation with others, will ninety percent of the time end with a referral. Lou suggests a soft sell when looking for private investors. Lou says by simply explaining the business and how it works, and by making sure to explain the private investment segment in detail, there will be a peak interest. Lou also advises to make sure to mention smaller loans and how safe the money is. Super Real Estate Expert, Lou Castillo, tells his real estate investors that following his tips on finding private lenders will open the door to building a database of potential private lenders.
More Information About Super Real Estate Expert, Lou Castillo Lou Castillo has been successfully investing in real estate since the early '90's. Castillo was on his way up the corporate ladder until he recognized that real estate offered a greater opportunity for financial freedom, and for the lifestyle he desired. Lou has a knack for developing powerful & proven systems that work in real estate and has authored more than 7 books and courses on the subject. For more information or to sign up for Lou's Powerful real estate Investing Tips go to: (http://www.FreeRealEstateStrategies.com)
Contact details Lou Castillo 843-628-5455 ext 300 info@FreeRealEstateStrategies.com This PR has been submitted by TrafficMagicians.com
Web Site: http://www.FreeRealEstateStrategies.com
Contact Details: 2138 Ashley Phospate Road, Suite 204 North Charleston South Carolina 29418