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Fix and Flip Funding – Jerry Norton

Speaker: Jerry Norton | Runtime: 00:30:15
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Views: 1040
Speaker's bio:

Jerry Norton is an expert in wholesaling houses and rehabbing homes. Over the years, he has developed his own system of funding deals. So if financing and those forms of real estate investing interest you, you’re looking at the bio of the mentor you would want to learn from.

Holding a Bachelors Degree in Business, Jerry Norton initially operated a boring business with his brother. “Boring” had something to do with drilling. However, it took on another meaning for Jerry as he realized that he was getting nowhere despite his efforts year after year. The business has become literally “uninteresting.” Also a licensed real estate broker, he decided to try his luck in real estate investing.

This Michigan investor initially tried rental properties. Working with a real estate wholesaler for his first rentals, he discovered the potential of flipping houses. He knew real estate was the right path for him after earning $52,000 in his first month as a wholesaler.

He then transitioned to rehabbing homes. Today, he owns two real estate brokerages and closes approximately 50 deals every year, with each property averaging $25,000-$50,000 in net profit! Over the last three years alone, he has closed over 200 deals – wholesale and fix and flip.

Jerry Norton loves to teach other investors his techniques and systems for fixing and flipping residential properties. He has taught hundreds of investors in his hometown of Oakland County and many others from all over the country.

Married with 5 children, he enjoys boating, wakeboarding, and scuba diving when he’s not working. He also enjoys coaching his kids sports events, serving in his church, vacationing, and spending time with his family. 

 

Real estate investors should spend more time looking for deals, not looking for lenders. In this video, Fix and Flip Funding, Michigan real estate investor Jerry Norton reveals some of the best sources of financing for rehabbing homes. Watch and listen as he shares the secrets of his private investor program, which he uses to get private money funding. What is a personal guarantee and when should you give it to an investor? What should be your selling features to a private investor? What is an equity partner? Jerry Norton will also give an in depth explanation on borrowing hard money. What questions should you ask a hard money lender? How do you calculate your daily, monthly, and annual interest? Learn all that and more from this video now.

Tags: Fix And Flip,Rehabbing,Jerry Norton,Financing,Funding,Private Money,Hard Money,Equity Partner

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