Hello and welcome. My name is Gino Barbaro, one of the co-founders of Jake in Gino. And in this

really important how to video, we're going to be discussing bridge financing and the dangers

of it, but there's also benefits to it. And the thing that really struck me about bridge financing

when I started investing in real estate early on was I didn't

like to be put under a time constraint. That's what bridge financing does. You're under pressure.

You need to get it done. Now, there are instances where it's a really good tool to use, and there are

instances when there aren't. I'm going to hold up creative cash. If anyone wants a copy of creative cash,

we're going to be discussing the three pillars of real estate, the market cycle, the exit

strategy. It's in this book. Email me, gino at jake and gino.com. I'd love to send you PDF copy

to your inbox. Also, like, subscribe to the channel because every week we're constantly putting up new content,

specifically talking about how to and multifamily, but we also, there's so many different

thought leaders that we have on our shows, whether it's a Jake and Gino show, we have the

Julian Gino show, and then we have the movies and shakers where we really talk to our students

and have our students share their success with our

three-step framework. And let's pick it up there with the three-step framework. It's buy right,

finance right, and manage right. Remember, the two pillars, the buy and the finance. They're the

back legs of the wheelbarrow. And when they're done, they're off the table. Guess what? You're done. Well, early on, it was great. You get long-term fixed rate financing. That's what everyone was doing. At least five years with a community bank, it gives you some time to reposition the property and to get your feet underneath you. But as the market cycle went on and it prolonged, then COVID came, we kicked

the can down the road. What ended up happening? Everything got frothy. Everything got hot. You have

0% interest rates for years. A lot of speculation, a lot of money comes into that sector,

whether it could be crypto, it could be commodities, it could be gold.

And in this case, we're talking multifamily.

And that's what happened in multifamily.

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