Private Lenders' Podcast

First off, we are not hating on Appraisers at all. But you have to realize what their role is-- They get paid money to determine a reasonable market value of a property. They don't have a vested interest in your deal. Zero risk in what happens with your loan. So why would you take your value from this third party??!! This episode is understand your highest level role as a private lender is determining the value of your asset so you can base you loan amount off it. Do YOUR OWN due diligence on your projects and not just rely on other parties. Yes, feel free to chat with appraisers, realtors, lenders, other investors etc... (we actually encourage you to get help from others) but it is your job to know the value of your property, just like any other asset you invest in.

Are you taking advantage of the Holiday's 'quick close deals'. This time of year we always have an influx of closings since investors need to close by years end. If you have the liquidity to close quick, you will win deals from other lenders who don't or can't close quick. In this episode we talk about ways to close quick, the importance of controlling your own private capital and why investors will go with you even if your terms are more expensive. Sponsored by: www.HardMoneyMastermind.com

Are you currently brokering hard money loans but you want to eventually become the lender. In Episode #25 we go throw the process of transitioning from hard money broker to hard money lender. We go through the 'Why' and 'How' along with a few steps to determine if its right for you and how to go about the transition if you want to become the lender. Sponsored by www.hardmoneymastermind.com

Episode #24 of the Private Lenders' Podcast is all about how to find the best loans to fund. In today's lending environment you better be marketing (offline and online) and have a great follow up process in place to stay in front of your borrower prospects. Its a numbers game so the more lead flow you have the better opportunities you will have to fund. Tune in now to see our process. This episode sponsored by www.hardmoneymastermind.com

In this episode of the Private Lenders' Podcast we dive into our process of closing a high rate of our leads. In the private lending business you either need to be the cheapest lender in town or the most expensive. We didn't get into this business to do more deal just to make less money. We are one of the more expensive lenders in town but provide a very high level of service and expertise that allows us to fund loans for quality real estate investors and commercial property owners. Tune in to this weeks episode to learn our process. This episode is sponsored by: www.hardmoneymastermind.com

In this episode of the Private Lenders' Podcast, Jason & Chris answer questions from some loyal listeners including: How could I lend hard money if I am currently a licensed mortgage broker working for another company? How would I get started with lending and who is the target borrower you lend to? Listen now as we chime in with our answers.... Sponsored by www.hardmoneymastermind.com

In this episode of the Private Lenders' Podcast, Jason & Chris answer questions from some loyal listeners including: How do I market to borrowers and where do all your deals come from? How do you get started in this business and setting up your own lending company? Listen now as we chime in with our answers.... Sponsored by www.hardmoneymastermind.com

In this episode of the Private Lenders' Podcast, Jason & Chris answer questions from some loyal listeners including: How can I use hard money lending in different asset classes including raw land? How do you set up your loan package and what documents do you record and what documents do you get signed by your Borrowers? Listen now as we chime in with our answers.... Sponsored by www.hardmoneymastermind.com

Many new and aspiring lenders who come into our Mastermind assume that they have plenty of deal flow and just need to raise capital and, speaking from experience, that really isn't the case. The reality is that this business is a numbers game and the vast majority of leads aren't viable deals due to: -Geographic area -Primary residence loans -Not enough cash to do the deal -Deal type such as land and ground-up construction A well built out marketing plan, a lead screening process, and proper scripting is what will allow you to weed through these inquiries and get to the real deals.

In this episode Jason and Chris discuss the 2 hats all private lenders NEED to wear. This is one of the only business models where you need to constantly be (1) selling and originating to bring in good opportunities (loans) but also need to be (2) cautious and risk averse to protect your capital investments. We go through a few tips and tricks on how we balance both of them to make our borrowers happy but also make sure we are writing good, safe loans. To listen all our episodes go to www.privatelenderspodcast.com