Private Lenders Vs Banks! 🔥
"Private lenders vs banks!" Which is best for you? Neither is a wrong answer. In fact, we utilize both private lenders in traditional banks as we invest in real estate. In this video, I discuss the benefits of both private lenders and banks, and how we utilize each to maximize our cash flow and equity.
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Timecodes
0:00 - Intro
0:05 - What is private lending?
1:44 - How we structure private lender loans
2:23 - Our real estate investing formula
3:14 - How can you make the most of both avenues
3:40 - Our business model
5:22 - Difference between private lenders and hard money loans
6:57 - Private lending is short-term
7:27 - Cash flow
9:37 - Analyze deals using both private lenders and banks
10:02 - Will the bank call your notes
12:10 - Closing
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About Ryan Ingram:
I believe the meaning of life is to become the best version of yourself for the benefit of all those around you.
Over the past 3 years, I have made drastic improvements to my life. Mainly, because my wife and I had our son; it was very important for us that she be a stay at home mom.
Unfortunately, on my salary in law enforcement, I couldn't make that happen.
I questioned my abilities as a provider, and for a brief time, even as a man.
I dedicated myself to read one book per day until I learned how to solve this problem.
5 years later, we have a few businesses and over 250 rental properties.
We made sacrifices along the way, but I learned the power of mentorship. I know the importance of finding someone willing to help and guide you, even if they are just a few steps ahead.
#realestate #realestateinvesting #privatelending