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Investing in Real Estate with Clayton Morris | Investing for Beginners

969: Q&A: How Can I Get Funding for My Real Estate LLC? - Episode 969

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Investing, How To, News, Education, Business, Business News

4.11.1K Ratings

🗓️ 31 July 2023

⏱️ 16 minutes

🧾️ Download transcript

Summary

As you might know, business banking has different standards than personal lending. Today's first caller asked, "what's the best way to get funding within an LLC? That's the first question I'm answering on this Q&A episode!

Today's episode covers three of your great questions on getting funding in an LLC, buying turnkey rentals out of state, and using a VA loan to buy rental properties. Click play to hear my answers to your questions on this episode of Investing in Real Estate!

Transcript

Click on a timestamp to play from that location

0:00.0

Get ready for people to pour back into buying a lot of real estate thanks to what the Federal Reserve just did last week.

0:12.0

Of course, again, not raising rates. This is an

0:14.9

opportunity for lenders to start lending money again, although that mortgage

0:19.9

freeze where people were sitting there, lenders were saying we're not going to

0:22.4

lend right now because we just don saying we're not going to lend right now

0:23.4

because we just don't know what's going to happen with the Fed.

0:25.9

So this sort of pullback on lending was happening, freezing out a lot of first-time homebuyers.

0:31.0

So guys, get ready. What we are about to see in real estate is

0:34.5

going to be a flood of first-time homebuyers trying to get into this market

0:38.0

because if you'll recall a lot of millennials were sitting back unable to afford with these higher interest rates,

0:45.0

their dollar is not going as far, of course, now.

0:47.8

If they're making less, then baby boomers were really swooping in and grabbing a lot of

0:51.7

these properties. And a lot of these properties.

0:52.8

And a lot of millennials were forced out of the marketplace

0:55.6

because of higher interest rates meant that that just

0:57.6

meant their mortgage payment per month was not going to allow them to get in

1:00.7

and start investing in this market.

1:02.8

So when you have the CPI prints, which have been coming down steadily, and I've been

1:08.3

listening to these real estate fund managers that manage billions of dollars, and they are very confident that rates are not

1:15.6

going higher that we are going to continue to see this trend now from the Fed

1:20.0

they've done enough they've done really all they think they can do to mess up our

1:24.1

economy and they're gonna sit back and lenders would start to resume

...

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