Episode 298: How To Fund Renovations with Larry Baszynski and Scott Hodgden

May 23, 2024

53:36

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Episode notes

Larry Baszynski and Scott Hodgden of Finance of America Commercial are seasoned lenders who have helped their investor clients build tremendous real estate portfolios and wealth.

Larry and Scott discuss the products that their company offers including Fix and Flip loans, Construction Loans, and Long-Term loans for stabilized properties. They share common pitfalls and root causes of failed renovation projects. The duo explains how hard money loans are underwritten and what a borrower needs to know to set themselves up for a successful loan! This show is full of golden nuggets with emphasis on the importance of building your team and buying your next investment property sooner!

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Larry Baszynski and Scott Hodgden, Finance of America Commercial

Link: The Success System That Never Fails (Book Recommendation)

Link: SUCI Ep 79 - Gary Davidson

Link: SUCI Ep 50 - Andrew Holmes

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Guest Questions

02:57 Housing Provider Tip - Ensure windows are properly caulked to prevent leaks!

04:34 Intro to our guest, Larry and Scott!

13:41 FOA Commercials' transition after being bought out.