{"id":53687,"date":"2014-01-30T00:15:20","date_gmt":"2014-01-30T07:15:20","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=53687"},"modified":"2023-04-11T04:36:59","modified_gmt":"2023-04-11T10:36:59","slug":"2014-01-30-bp-podcast-055-jimmy-moncreif","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2014-01-30-bp-podcast-055-jimmy-moncreif","title":{"rendered":"The Five Steps Needed to Get Any Lender to Say &#8220;Yes&#8221; with  Jimmy Moncrief"},"content":{"rendered":"<p><span style=\"line-height: 1.5em;\">Simply put &#8211; this podcast could change your financial life.<\/span><\/p>\n<p>You see, a banker can be your best friend or your worst enemy when trying to invest in real estate, as a great loan can mean the difference between long term success and failure. This is why we are super excited\u00a0to introduce you to <strong>Jimmy Moncrief<\/strong> (your new best friend!) on the <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast <\/a>today.<\/p>\n<p>Jimmy is a commercial bank underwriter as well as a real estate investor, so he has a unique insight into the mind of a bank &#8211; especially involving real estate investing. . Jimmy is going to share some incredible, actionable tips that any investor can start using today to get your bank to say \u201cYes\u201d to your next financing request. In addition, Jimmy offers some unique tips for finding great FSBO deals and getting into your first deal.<\/p>\n<p>This show contains so many tips and ideas to help you do more deals, get better financing, and change your future &#8211; so grab your pen and paper and set aside the next hour for a truly remarkable show.<\/p>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp55-jimmy-moncrief-podcast-transcript-five-steps-needed-lender-approval\" target=\"_blank\">Read the transcript for episode 55 wth Jimmy Moncrief here<\/a>.<\/p>\n<h2>Listen to The Show on iTunes<\/h2>\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649\" target=\"_blank\" rel=\"noopener\">Click here<\/a>\u00a0to listen on iTunes.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" src=\"https:\/\/playlist.megaphone.fm\/?e=BIGPOC3822190358\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>In This Show, We Cover:<a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-thumbnail wp-image-42908\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2013\/05\/BiggerPockets-Podcast-_-Real-Estate-Investing-and-Wealth-Building-9.42.11-AM-150x150.jpg\" alt=\"BiggerPockets Podcast _ Real Estate Investing and Wealth Building 9.42.11 AM\" width=\"150\" height=\"150\" title=\"\"><\/a><\/h2>\n<ul>\n<li>Turning your own home into a <strong>rental<\/strong><\/li>\n<li>Buying a <strong>cash flow crazy<\/strong> triplex<\/li>\n<li>Jimmy\u2019s <strong>\u201clucky\u201d<\/strong> method of finding properties FSBO<\/li>\n<li>How real estate investors do <strong>everything backwards<\/strong><\/li>\n<li>Jimmy\u2019s awesome \u201c<strong>Quick Tip<\/strong>\u201d about <strong>interviewing a bank<\/strong><\/li>\n<li>An insider look at the <strong>Five \u201cCs\u201d<\/strong> for getting a loan<\/li>\n<li>Why Jimmy <strong>hates<\/strong> credit scores<\/li>\n<li>How to<strong> turn around<\/strong> a loan denial<\/li>\n<li>Getting <strong>commercial \u201cHUD\u201d loans<\/strong><\/li>\n<li>Tips for <strong>refinancing<\/strong> your investment properties<\/li>\n<li>Using <strong>cross collateralization<\/strong> to secure financing<\/li>\n<li><strong>No money down<\/strong>\u2026 is it possible?<\/li>\n<li>And <strong>LOTS<\/strong> more&#8230;<\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/29TCC53\" target=\"_blank\" rel=\"noopener noreferrer\">The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime<\/a> by\u00a0MJ DeMarco<\/li>\n<li><a href=\"http:\/\/amzn.to\/29X2JU7\" target=\"_blank\" rel=\"noopener noreferrer\">The Four Hour Workweek<\/a> by Timothy Ferriss<\/li>\n<li><a href=\"http:\/\/amzn.to\/2a5Icg7\" target=\"_blank\" rel=\"noopener noreferrer\">80\/20 Sales and Marketing: The Definitive Guide to Working Less and Making More<\/a> by\u00a0Perry Marshall<\/li>\n<\/ul>\n<h2><b>Links from the Show:\u00a0<\/b><\/h2>\n<ul>\n<li><a title=\"BP Podcast 052: Buying Apartment Complexes, Raising Millions, and Building a Profitable Business with Ken McElroy\" href=\"\/renewsblog\/2014\/01\/09\/bp-podcast-052-raising-millions-ken-mcelroy-rich-dad\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 052: Buying Apartment Complexes, Raising Millions, and Building a Profitable Business with Ken McElroy<\/a><\/li>\n<li><a title=\"BP Podcast 014 : Cash Flow, Creative Finance, and Life with Ben Leybovich\" href=\"\/renewsblog\/2013\/04\/18\/cash-flow-creative-finance-life-ben-leybovich\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 014 : Cash Flow, Creative Finance, and Life with Ben Leybovich<\/a><\/li>\n<li><a title=\"The Future of Real Estate Lending\" href=\"\/renewsblog\/2013\/12\/19\/future-of-real-estate-lending\/\" target=\"_blank\" rel=\"noopener noreferrer\">Blackstone B2R Financing<\/a><\/li>\n<li><a href=\"http:\/\/www.smartpassiveincome.com\/mjdemarco-millionaire-fastlane\/\" target=\"_blank\" rel=\"noopener noreferrer\">Smart Passive Income Podcast with Pat Flynn<\/a> &#8211; Episode 18 with MJ DeMarco<\/li>\n<li><a href=\"http:\/\/en.wikipedia.org\/wiki\/Pareto_principle\" target=\"_blank\" rel=\"noopener noreferrer\">Pareto\u2019s Principle- the 80\/20 Rule &#8211; Wikipedia Post<\/a><\/li>\n<\/ul>\n<h2>Tweetable Topics<\/h2>\n<blockquote><p>HUD loans are like a pregnancy: fun at the beginning, painful at the end! (<a href=\"http:\/\/ctt.ec\/KbyX3\" target=\"_blank\" rel=\"noopener noreferrer\">Click to Tweet!<\/a>)<\/p>\n<p>If you are serious about investing in real estate &#8211; you need to know the 5 Cs. (<a href=\"http:\/\/ctt.ec\/KeDNd\" target=\"_blank\" rel=\"noopener noreferrer\">Click to Tweet!<\/a>)<\/p>\n<p>If you take a proactive approach to lending, everything works out better. (<a href=\"http:\/\/ctt.ec\/9UN81\" target=\"_blank\" rel=\"noopener noreferrer\">Click to Tweet!<\/a>)<\/p>\n<p>If you want to be a serious real estate investor &#8211; treat it like a business. (<a href=\"http:\/\/ctt.ec\/uY0C4\" target=\"_blank\" rel=\"noopener noreferrer\">Click to Tweet!<\/a>)<\/p><\/blockquote>\n<h2>Connect with Jimmy<\/h2>\n<ul>\n<li>Jimmy\u2019s <a href=\"https:\/\/www.biggerpockets.com\/users\/jtmoniii\/\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Profile<\/a><\/li>\n<li>Jimmy\u2019s <a href=\"\/renewsblog\/author\/exporterjim\/\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Blog Posts<\/a><\/li>\n<li>Jimmy&#8217;s Blog: <a href=\"http:\/\/RealEstateFinanceHQ.com\" target=\"_blank\" rel=\"noopener noreferrer\">RealEstateFinanceHQ.com<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Simply put &#8211; this podcast could change your financial life. You see, a banker can be your best friend or your worst enemy when trying to invest in real estate, [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-53687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-podcast"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/53687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/17340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=53687"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/53687\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119629"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=53687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=53687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=53687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}