In this episode, you will learn about
- Interest rates for private mortgages
- Terms for mortgages
- How to get private money for beginners
- What investors should consider before availing of private money
- When is private money not a good idea
- What lenders are looking for
- Exit Strategy for Investors
Guest: Susan Flanagan, Real Estate Investor
Susan Flanagan is a seasoned investor. Along the way, she started to lend her own money to different people for mortgages which was a success. Susan got her broker’s license and set up her brokerage. She used her private money for mortgages to specialize in private lending.
In this podcast interview, Susan, Alfonso, and Sarah had an in-depth analysis of private lending/private money. Susan discussed the terms and interest rates for mortgages. She also tackled what investors should consider before pursuing private lenders for their investments, which gives insight to investors looking forward to investing in properties. Susan shared insights for beginners looking to borrow privately. She also spoke about what lenders are looking for when reviewing applications, and the importance of exit strategies for investors. Tune in for tips from an industry leader in the world of private financing.
Get in touch with Susan Flanagan:
The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/