How to Get Your Deal Funded by Land Academy Deal Funding - Its Official (LA 1499)
Transcript:
Steven Butala:
Steve and Jill here.
Jill DeWit:
Hello.
Steven Butala:
Welcome to The Land Academy Show, Entertaining Land Investment Talk. I'm Steven Jack Butala.
Jill DeWit:
And I'm Jill DeWit, broadcasting from sweet Scottsdale, Arizona.
Steven Butala:
Today, Jill and I talk about how to get funded, how to get your deal funded through Land Academy Deal Funding. It's completely official...
How to Get Your Deal Funded by Land Academy Deal Funding - Its Official (LA 1499)
Transcript:
Steven Butala:
Steve and Jill here.
Jill DeWit:
Hello.
Steven Butala:
Welcome to The Land Academy Show, Entertaining Land Investment Talk. I'm Steven Jack Butala.
Jill DeWit:
And I'm Jill DeWit, broadcasting from sweet Scottsdale, Arizona.
Steven Butala:
Today, Jill and I talk about how to get funded, how to get your deal funded through Land Academy Deal Funding. It's completely official now.
Jill DeWit:
It's beneficial. It's now even better, right? It's huge and better. And I'm going to pause and have my little, I prepared a new little commercial spiel. So you tell me what you think. Land Academy Deal Funding, now with limitless money available and decades of experience to help you get deals done. Go to landinvestors.com and click Deal Funding Today.
Steven Butala:
I think I love it. So what does it mean? It means you should never have to worry about getting money to buy a property. That's good.
Jill DeWit:
And we'll talk all about that.
Steven Butala:
Yeah. Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free. If you're already a member, please take advantage of the amazing conversations that go on Discord.
Jill DeWit:
Every minute. Nick wrote, "Hi, all. Just joined Land Academy. Pleasure to meet you. I'm particularly interested in the deal funding/landing tools and was curious, which you recommend. Are there other ways you can get all your deals funded? Thanks." Can we just roll this into the beginning of the show or into the whole topic of the show?
Steven Butala:
Yeah.
Jill DeWit:
Because I don't have to answer it twice.
Steven Butala:
Today's topic, how to get funded by Land Academy Deal Funding. It's official. This is the meat of the show.
Jill DeWit:
Okay. So it's been a year and a half since we've had deal funding, roughly. It started after the second live event and it's come, and in that last year and a half, let's just say, we pretty much have limitless capital. So there's two things going on here. There's Land Academy Deal Funding. I'm going to tell you what they are. And then I'm going to tell you about LandTank, and then we'll talk about changes and all the great things that are available to you. So let's back up. Do you want to give the background as to why this exists?
Steven Butala:
Sure. Here's an eighth grade simple explanation about what this product is. Land Academy Deal Funding was put together by Jill and I originally so that you don't have to use your own money to do deals. Here's a real simple eighth grade example. You find a property because you sent mail out. You learned how to do it correctly. You learn how to price a mailer. You listen to Jill and all the programs and you engage the seller and bought a piece of property for let's say $10,000. You think it's worth 30,000 or 40,000. That's the typical Land Academy model 2021, but you didn't have the 10,000, nor should you have the 10,000. People feel really guilty about that. Like, I don't have enough money to do this. No, you just need to be real smart about sending out mail, answer your phone and create some deals.
Steven Butala:
And so we're here to fund that $10,000 and then split that profit margin. If it's $30,000 or $40,000, there's $20,000 or $30,000 of profit in that deal, we'll split it with you. We may split it with you for as much as 50%. So you take $15,000 out and you're off to the races, and then you can use that 15,000 for however you use it. We have people in our group that this is their whole model. They don't ever keep any money. So we're trying to make this really simple and very, very clear because what's happened is this. It's become a shark feeding frenzy of money people out there attacking Land Academy members to be their funder. And so what we've done is we've approached all these people. Now they're behind us and they're funding in a pool.
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