Easiest Way To Get Started as a Fund Manager using Hard Money Loans

[@jayjameswashington]

I would love to set up a fund like this. Always great content.

[@albertusadisulistiono1187]

This simple lesson from you is a brilliant thing for me. I am amazed! Thank you very much Bridger

[@eliabreus3734]

Ever do collateral based loans?

[@Globaltravel32]

amazing teacher. keep it up champ

[@bridger_pennington]

Thank you! 😃

[@Storehouse-805]

What sort of collateral would you take on a deal of 5k or less? Would it have to be the asset they need the money for? Something like a car or a "toy" vehicle?

[@Jas0nJames]

I was thinking the same thing, did you get collateral for the deals you mentioned from $5K - $15K?

[@jjackson6928]

Can you talk more in depth about the 5-15k loans and deals?

[@cenafanist]

What return would we pay our lenders in the fund

[@stephensheridan3085]

Great content, thanks man. I appreciate you admitting that you're a little lazy deep down, haha. It's absolutely right that momentum is what drives most people, not motivation!

[@bridger_pennington]

:)

[@raysshine3504]

Hey what do you think Bridger about this idea (It may feel a bit stupid), but the oil industry is falling apart pretty soon so they're going to start selling there refiners for a cheap price; since EV have technically made them no profitable(depends ), so I start an energy PE fund and we buy these plants and sell all the metals etc. and then we sell the land for a higher price or, we put renewable energy there . What do you think Bridger ? Roughly to buy the refinery 100M and then I sell the metals at a higher price since scrap metal prices are on the rise as well . Then we can roughly make about £150M from selling the parts since we're selling them at a high price . Then the land had a lot of value on it since it had a refinery on it which would've boosted local real estate prices so I think we can value the land at ~£50M so we can make roughly £50M from selling the land . What do you think too ambitious ??? We can also do the same with other industrial sectors such as Steel and Chemicals .

[@bridger_pennington]

Definitely sounds like a "blue ocean" idea! Some of the biggest funds in history were started on ideas that some saw as "too ambitious".... if you want some help taking the next steps setting up your fund, book a call with us at www.investmentfundsecrets.com/game-plan?sl=yt and you can get a game plan set up for moving forward!

[@raysshine3504]

@@bridger_pennington I am in the UK so the law here is completely annoying and private equity industry here is worth like £24 billion and in America it's $900 Billion so thanks for believing in my idea you know if you like it you can use it I have no problem .

[@raysshine3504]

I will certainly expand to the USA cause that's were the big bucks are . One of my friends want to join as well so he will mange our European funds while I mange the American and Asian funds when we grow .

[@Tinvesting]

Bridger - if you raise 10m for a debt fund that you then use to lend on real estate. What is the best company structure to minimize taxes?

[@bridger_pennington]

Hey! Great question. A bit hard to answer over KZbin comments, so you should book a call with us after watching our 15 minute free training >>> www.investmentfundsecrets.com/fund-call?sl=yt

[@GeorgeVFrye]

Bridger I am trying to structure something similar to this. What kind of deals did you do for 45 days? Im looking for deals 45-90 days.

[@bridger_pennington]

Hey! If you have any questions about structuring your fund or finding deals, you should book a call with one of our fund strategists after watching our 15 minute training >>> www.investmentfundsecrets.com/fund-call?sl=yt

[@Jasonsp2002]

Do borrower required to pay monthly payments or just lump sum after Six month or earlier?

[@bridger_pennington]

Thanks for the comment! You get to write the bible so if you want monthly payments, or the lump sum, you write it into the agreement. The most standard hard money loans are paid off monthly.

[@Jasonsp2002]

@@bridger_pennington thank you!

[@bridger_pennington]

@@Jasonsp2002 No problem man! Feel free to dive deep into the "How Hard Money loans Work" video on my channel for more info. You can also watch the "How to start a hard money lending fund from scratch" video. Have a good one!

[@markwagner9690]

how do you avoid getting a money brokers license from your state doing commerial loans?

[@bridger_pennington]

I'm not doing commercial loans. 👍

[@jayjameswashington]

Great concept.

[@bridger_pennington]

Thank you!

[@michigan_616]

What different fund types can be setup without a license? Can you do both Debt and Real Estate in one fund, if the Bible states it?

[@khalidgames7908]

Well you can start a company that has both funds. Look at black rock.

[@mr.randallinc.8591]

Where are you getting the cash from? Your own pockets??

[@compinvestorsllc8899]

boom, keep em coming

[@bridger_pennington]

Will do!