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Real Estate Take Episode 34: Jay Conner and Raising Private Money
Jay Conner began investing in real estate in 2003. At the start of his career, he relied on his local banker and was able to put together a few deals. However, that also meant coming up with large down payments, paying origination fees, and signing personal guarantees on every deal. After years of feeling owned by the bank and being stressed out, he learned how to buy properties using creative financing, including subject-to and using lease-options. After the market crashed in 2008, his banker cut him off. Jay had to abandon everything he knew about how to finance his deals. Then, he heard…
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