Private Lenders' Podcast

Did you hear about the new Zillow news? They are shutting down their homebuying division after taking losses. How is this relevant to private lenders and hard money lenders? Chris and Jason breakdown there thoughts on: - Why lending is such a localized business model - Why tech can't replace humans - Investing is hard, even if you have plenty of money - The business is hard to scale (especially into other markets) - The importance of knowing your numbers Tune in now. We would appreciate a review or like if you got value from this podcast. We answer questions at www.hardmoneymastermind.com. Make sure to set up a free account if you aren't already a member.

Should private lenders fund 2nd mortgages? This is a common question that comes in on the forums at HardMoneyMastermind.com. The attraction is typically a 1) higher interest rate return and 2) smaller amount of capital needed to fund the loan... BUT there are a lot more risks. We discuss the risks associated with funding 2nd mortgages along with tips to consider if you do decide to fund a loan in 2nd position... Ask questions or continue the conversation at www.hardmoneymastermind.com with a free account

On this Private Lenders' Podcast startup story we interviewed Rodney Miller from Hard Money Partners. Rodney lends in Oklahoma City. We had a fun conversation with topics including: - Lending to legal Marijuana companies and how he is structuring the loans - Selling loans to investors - Thoughts on institutional backed lenders - Raising capital for fix and flip deals VS. syndications in apartment buildings - Setting up the operation for the future Tune in now and continue the conversation at HardMoneyMastermind.com. You can go and create a free account to learn and network with other private and hard money lenders across the country.

On this episode of the Private Lenders' Podcast we interview Abhi Golhar. He is a marketing expert specializing in generating leads online for private lenders, real estate investors, agents and professionals. We focus on the #1 YouTube tactic to generating leads including how to create videos, tips on posting them, strategies to increase your exposure over competitors and case-studies from recent videos. This was an action packed interview and we got a few key takeaways we are going to start implementing ourselves asap. Tune in now and continue the conversation at hardmoneymastermind.com

On this episode of the Private Lenders' Podcast we discuss Industry Updates That Benefit 'True' Private Lenders including: Why institutional backed lenders are having back ups and delays from their appraisers being backed logged, can't gain interior access for their reports and coming in lower than expected ARVs. Why controlling the capital and having flexibility will help solidify the deal. Interesting reasons why you might be able to close the deal with private capital that other lenders can't. You can also watch this on video for free at www.hardmoneymastermind.com

On this episode of the Private Lenders' Podcast we interview Alexis Hart McDowell from Epic Impact Investors. We discuss: - Alexis's background before lending - The importance of lending locally and knowing your local market - Why she got into hard money lending - Case-Study on Alexis's first deal- how she found it, how she got it funded and current status. - Benefits of private capital compared to these other national institutional backed lenders - Struggles with marketing and what has been working for her - Alexis's 2 year game plan This is a fun interview. Tune in now!

On this episode we answer questions from the hard money mastermind group related to raising private capital. - What's a fair split - How to keep things simple and organized - Properly documenting agreements and what Attorneys can help with this Join the conversation at HardMoneyMastermind.com

Jason and Chris discuss how they originally set up their pricing model for their hard money lending company and how it stays true today. Tips: - Price loans based on how much money you want to make - Don't get caught in the 'race to the bottom' - Rate vs. Points - Determine your lending goals and ROI Tune in now and then lets finish the conversation on the free platform.. hardmoneymastermind.com

On this episode we answers some questions from the mastermind group: 1) I've had borrowers ask if they can e-sign closing docs. What are your thoughts on accepting e-signatures? 2) Whats the best way to accept online payments from borrowers? 3) Just curious how you handle your capital investors' rehab funds. Tune in now and finish the conversation at www.hardmoneymastermind.com

If you have been lending private money for long enough you know that you will eventually have defaulted loans you have to workout. On this episode we discuss tips, tricks and strategies we use to handle our defaulted loans. Tune in now and then continue the conversation with a free account at hardmoneymastermind.com