Private Lenders' Podcast

In this episode of Private Lenders' Podcast we discuss the importance of scripting when working with your clients.  Many lenders try to wear the 'I have the money, I make the rules' hat or try to be to much of a 'yes man'.  Either extreme will limit your  deal flow or make your borrowers try to take advantage of you.  Its important to understand that you control capital your borrowers need access to and provide good deal flow that capital investors want to deploy money into.   Sponsored by www.hardmoneymastermind.com  

In this episode Jason & Chris emphasize the importance of raising the 'right' capital for your hard money business.   Not all capital is equal and cheaper capital is certainly not better even if its more profitable.  Hard money lending companies are typically capitalized through:  private lenders, your own funds, bank funds, institutional backed funds, ira funds, leveraged funds, etc..  We go through different capital options with pros and cons of each along with tips to make sure you make the best decisions when raising capital for your business.  

This episode was originally a private, live Mastermind call we did with our group of private lenders from around the country.   We dive into some fun items related to what we are currently seeing in the lending industry locally and nationally . Why there is a ton of opportunities currently What should lenders do today to give you a step up on your competition  Current Marketing strategies working Keeping your finger on the pulse with origination Updates to our Underwriting criteria Investor Relations and how we are staying in contact with them. New servicing best practices. Tune in now at www.privatelenderspodcast.com Sponsored by www.HardMoneyMastermind.com  

On this episode of the Private Lenders' Podcast we check in with updates as we have seen them through the end of May.  Seems like real estate has continued to be 'open' and buyers and sellers have continued to buy and sell houses.  Inventory is low and its almost seems like a sellers market (at least in the DC and Baltimore area).   Private lenders are continuing to find and fund great deals for strong borrowers and it even seems like some of the strong institutional backed lending funds have re-created new funding programs too. Tune in now to hear our end of May update- Here's what we're seeing in the markets, how does opening up more businesses affect this, what's your plan as a company, etc

In this episode we go through some recent adjustments we have made internally in our business.    We discuss: New Underwriting criteria (new LTVs and other requirements) Operation updates (working from home, electronic docs, Zoom meetings etc..) Staying up to date and managing our Portfolio Investor relations Managing our Marketing Campaigns This and more on today's Private Lenders' Podcast..

In this episode of the Private Lenders' Podcast we focus on understanding the importance of leads and deal flow.  If you are raising capital, funding loans, buying houses, selling houses or even choosing tenants to occupy your rental properties or pretty much anything related to business, the more opportunities you have to choose from the stronger they will be.  Let us explain...  If you get 10 loan leads per week and you typically close about 1 loan per week you will likely choose the best opportunity out of those 10 leads.  Now imagine if you have 30 or 40 leads a week to choose from.  Chances are your loan quality that week would be even stronger.  Now think about that with other things.  Ex.. You have 4 capital investors that want to invest with you and you have 1 loan ready to go.  Who would you choose to go with 1st?  By having lots of deal flow and opportunities you can mitigate risk to make sure you are doing business with the most qualified people    Tune in now for a few examples to make sure you are doing the best quality deals you have access to..

On this episode of PLP Jason and Chris passionately discuss playing offense and defense simultaneously in their lending business.   Its important to take care of your current loans and managing your portfolio effectively during these times.  Some loans will take more hand holding then usual to ensure payments and structuring workouts.  Offensively you will still need to be originating new loans.  The loan quality should be much strong then what you may have seen in your market 30+ days ago.  We go through how we are actively playing offense and defense inside our business. Sponsored by:  www.hardmoneymastermind.com  

We are currently in the midst of Covid-19.  Most of the institutional hard money lenders have paused originations or closed their doors.  There are a lot of opportunities for private capital right now (either your own or someone elses)..  This podcast was from a recent Mastermind call we did with our members.  Its all about preparing to raise capital after the virus passes and markets are recovering.  Tune in now to check it out.   Sponsored by: www.hardmoneymastermind.com  

Wow, lots has happened in the hard money lending space over the past week or so.  Most institutional backed national lenders paused operations and origination as secondary market note buyers stopped buying their loans.  Who knows what is going to happen next and what affects will occur in our real estate markets.   It seems like the only capital left in the investment residential space is private capital sources and local banks.  Tune in to this weeks podcast to see what HMBs game plan is moving forward and our thoughts on what is currently going on during these crazy times.  Enjoy! Stay safe and healthy.

This is part 3 of a 3 part series were we go through case studies of three of our first private capital investors and how we raised money from them at the beginning.  This was actually a recording we did live with our private, members only mastermind group but we decided it was to good not to share.  We go through how we were introduced to these investors, their personality types, how we manage their relationships and the status of their portfolios today.  You won't wanna miss these episodes so tune in now... Sponsored by www.hardmoneymastermind.com