Unlocking the Power of Hard Money Lending for Real Estate Investing | EP. 28
Real estate investing is one of the best ways to build wealth. But to buy properties, you need multiple sources of funds. There are creative financing strategies you can use. You can also borrow money from private lenders or hard money lenders. In today's episode, Sam and Lucas discuss the easy way to access hard money. While it's not the cheapest option, there are certainly benefits to using hard money to finance your real estate investments. So tune in and discover the basics of hard money lending so you can begin building your rental portfolio.
“Hard money lenders can really change the game for you.”
- Sam Primm
“Getting approved with a hard money lender is almost step one of everything to building your rental portfolio. That allows you to go out and look at properties and make cash offers on properties with that approval, backed by that approval.”
- Lucas Walls
In this Episode:
-What is hard money, why is it used, and how do you find hard money financing?
-Tips for dealing and building relationships with hard money lenders
-Standard terms and rates, points, and why rates should not scare you
-Example deal - 100K loan 12%, 3 points on
-Random Thought of the Day: Sleeping, pretend to sleep…
And more!
Resources:
-Freedom Capital Financing for Real Estate Investors - https://www.freedomcapital.info/
Connect with Sam and Lucas:
- Website
- YouTube
- TikTok
Resources
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Connect with Sam and Lucas:
• Instagram
• Facebook
• LinkedIn
• TikTok
WHAT’s IN THIS EPISODE?
Meet the Founder of FasterFreedom
I founded FasterFreedom to teach people just like me to take ownership of their freedom. There is a reason why real estate creates 90% of millionaires in this country.
It's an incredible vehicle for leverage, cash flow, appreciation and the sheer practicality of it… Everyone (and I mean everyone) has the opportunity to benefit from Real Estate.
Real Estate can be overwhelming at times which is part of the reason why we don’t see more people taking advantage of the incredible wealth creating opportunities it provides.
I launched FasterFreedom to do just that… we provide the foundation and grooved path for individuals wanting to achieve freedom and financial independence through Real Estate Investing.
I pride myself in practicing what I preach, meaning all of my lessons and tips are constantly updated and based on the real investing that I do right now- so you only learn what works and not through theory or outdated practices!
Over $200 million owned by students and coaches!
Become a guest NOW!
Why be a guest on the podcast?
If you’re an experienced real estate mind who’s looking to further gain exposure and share your experience with the world, we’d love to have you on! We’ll collaborate on industry trends and topics you want to discuss and you’ll also get to link your social handles and any websites or pages you want to mention. If you’re interested, fill out the form above and our team will respond within 24 hours.
About our audience
The FasterFreedom Show podcast is an independent podcast that has gained over 350 5-star reviews. Our viewers are normally middle aged Americans that are looking for something more and see Real Estate Investing as a way to have more time, freedom and happiness. Special guests on the podcast usually see an increase in sales for their programs as well as the publicity on the podcast itself.
Ready to build sustainable wealth and enjoy a life of freedom through Real Estate?
