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Episode 261: Everything You Need To Know About Hard Money

The Loan Officer Podcast

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Direct Wholesale Deals.com

Alex Q. started out as a loan officer, but quickly took his business model to the wholesale space. As an LO, I want to see that you have your business in place before we can talk about financing. So what I would do is figure out how much money do they have? And then I'll go out to the local wholesalers and say, okay, this guy's got 15 deals in Orlando. He could finance these four, no problem. These two have slim margins. Here are the margins. They work great. I'm going to get up. You were the epitome of a Henry. You were so, not dire need, you were so driven to finance because

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