BiggerPockets

My name is Mike Lautensack and I started real estate investing in 1999 as a way to generate passive income and long-term wealth. Despite numerous mistakes and, what I like to refer to as "learning experiences", I started to have some real success by 2005 and made the leap to a full-time real estate investor.

In 2007, I started a residential property management company called Del Val Property Management, LLC which serves Philadelphia and the surrounding suburbs.

Today, I continue to invest in real estate, grow and develop my property management company and spend more and more time teaching and coaching real estate investors.

I started out buying single family homes from HUD, VA and private sellers, using both bank money and my own personal funds to cover down payments. I quickly ran into a common problem when I ran out of cash and needed to find a better way to finance my real estate deals.

This is when I discovered the single, most important lesson I have learned in my real estate investing business; and that is, how to use Private Lenders to financing my real estate investments and NOT my own money. It was this discovery that allowed my real estate investing business to grow and prosper, as the lack of cash was no longer an obstacle.

I was added as one of the top 50 real estate Guru's by GuReview.com in 2007 and I am also one of the 12 nationally featured speakers in the REI Summit 2008.

To get my brand new 20 page FREE eBook today titled "Discover the Secrets of How to Fund Your Real Estate Deals with Private Lenders" please go to our website listed below.

Good luck with your future endeavors and may your journey towards real estate wealth bring you financial success.

Regards,
Mike

Comments (1)

Welcome to the site and thanks for sharing the 2 articles you submitted to the site. We've published them and they can now be found in the article directory. 09:14AM on August 11, 2008 · Joshua Dorkin