Bridge Deck - What Is It?

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We take bridge debt on to some of our projects because we know it'show short. It's not meant for permanent financing. And they don't lend on debt service covers ratio. They lend em more of what's called a debt yield and projection. We can get five and a half % interest rate on bridge debt, but it change every month. Could that change in the future? So we definitely take fixed rate tat time.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:31 - How one real estate deal can change your life.

04:07 - What a private equity firm is.

15:25 - What it means to co-GP a syndication.

49:21 - Why partnerships are so important.

50:47 - How to raise capital.

50:47 - Who to raise capital from.

And much, much more!

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BOOKS AND RESOURCES

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Robert’s book The Everything Guide to House Hacking.
Joe Fairless’ book Best Ever Apartment Syndication Book.
Robert Kiyosaki’s book Rich Dad Poor Dad.
Learn about house hacking.
Gary Keller’s book The Millionaire Real Estate Investor.
All of Robert’s favorite books.

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