Episode 105 - Private Money Lending, With Ian Walsh

215.839.3271

[email protected] Key Takeaways: – Private lending is very much deal driven. – An all in exposure loan can be 65% of the after repair market value. – Most people think they have a deal that is not a deal… Know your market. – Private lenders can tell a ton by the numbers that the investor puts out. – The deal lives or dies by the numbers, but there is more to consider. – It’s hard to impossible to close in a week with a bank. – Build the cost of borrowing into your bottom line. – The speed that the borrower moves at has a ton to do with how cheap the capital is. – True lenders do not want to foreclose. – If you want to be a lending, learn your market. – If you really know your market, you don’t need to use your own money. – The 50 house rule to get the experience you need. https://www.blubrry.com/lshr/26933052/ep-105-private-money-lending-with-ian-walsh