“If you got a 95% loan on 1.5 mil, it would be a $1.425 million loan… you would need, like, $220,000 a year for the bank to give you the loan.”
PN
Pat Noll
Equity Mates Investing Podcast ·
“We've done $28 million in loans… typically like $5,000 to $250,000… partnership with a large loan company… they've done $8 billion in loans.”
Dan Fleischman · Moneywise · He's Worth $50M and Spends $110K a Month on a Zoo That Makes $0
Play from 25:12
25:12
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What was described
Runs Elevator Funding, issuing short-term high-interest loans ranging $5k-$250k, totaling $28 million in loan volume, partnered with a large loan company that has done $8 billion in loans
$28 M loan volume; $5k-$250k loan size; partner $8 B total loans
Said nearby on the same subject
“I just got an unconditional approval for a loan and signed loan docs on Saturday. It's a $6.5 million loan and it was split into two portions, one at 6.14% interest only investment and one at 6.34%. So we guarantee our rates at 6.1%.”
JH
Jack Henderson
Asset Rich with Jack Henderson ·
“There's a lot of things there that could be done. Obviously, we only get paid commission if the loan is going for 12 to 24 months. So a lot of bridging loans I've done was for just the sake of helping someone.”
♫
Said on Broker Daily Podcast Network
“Over 70% of the loans that we will originate this year will be loans that we characterize as off-market or preferentially sourced loans with those borrowers.”
IC
Invesco Real Estate Credit
Capital Allocators - Inside the Institutional Investment Industry ·
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