Hard Money Lenders Are Competing with Companies Like Mentor Financial Group

During the real estate boom, mentoring companies like Mentor Financial Group were able to provide clients with real estate investment training while staying out of the investment funding business. Now that the real estate market is down, Peter Conti and Jerry Norton have shifted from providing just training to putting deals together with their students.

One of the unique things that they do is provide access to their funding sources where you can get 100 percent of your fix and flip deals paid for without having to use your own money to invest in the deal. This is interesting because hard money lenders are now requiring you to either make a down payment, so you have some skin in the game, or they are funding only the purchase. This leaves you as the investor to come up with the money to invest into making the repairs on a fix and flip property.

The other thing that is unusual about Mentor Financial Group is that they will review all of the home value information and repair budget numbers with you before you even get started into your first fix and flip deal. While this does obviously help to protect Mentor Financial Group’s interest in the deal, it also is a nice way for someone who’s getting started investing in real estate to have an experienced investor looking over their shoulder to keep them from making poor decisions when they first get started.

Additional Resources:

Mentor Financial Group :: Article on Hightechlistings.com

Mentor Financial Group :: Listed on Companydatanow.com

Mentor Financial Group :: Article on Incrace.com