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Creative Capital

Creative Capital Podcast 314: Unique Funding Solutions with Mark Ritter

Creative Capital

Josh Ferrari

Investing, Business

51.1K Ratings

🗓️ 3 November 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

This week Josh sits down with Mark Ritter to discuss unique funding solutions. Mark divulges some of the key benefits of getting a loan from a credit union, what terms can look like for a commercial loan, the biggest mistake he sees people make when dealing with credit unions and more.

How to connect with Mark:
markritter.com
How to connect with Josh:
Ferrari Capital - https://ferraricapital.com/

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to the Creative Capital Podcast.

0:07.0

You're dying and learn about how you can create wealth through real estate investing, then

0:11.5

you come to the right place.

0:13.6

Join in every week as we go over the ins and outs of real estate investing and learn how

0:18.5

you too can become financially free. You know, it used to be you pulled up to your lender.

0:26.4

The one thing you assumed in the relationship is they have money, they have more money that could be,

0:34.3

and they lend it out to people.

0:36.1

That's not the case anymore.

0:37.9

And this is the first time in a long time

0:41.5

where lenders are going to have to navigate that challenge. And really you

0:46.4

have to get into understanding where your lender gets their money from. And as I'm sure you've already seen, we're talking about something very near and dear to

1:05.1

almost all of your hearts or wallets right now in the economy.

1:10.7

And that's funding, right?

1:12.3

It's financial solutions.

1:14.6

It's creative solutions because let's be honest, we're creative capital.

1:18.3

So we're here to bring you all those creative solutions so that you know them, but so that also I know them so I can implement them in my own business, right?

1:25.3

So what are some of the unique ways that you can actually fund deals right now?

1:30.2

Well, there's obviously regular institutional honest banks.

1:33.0

There's Fannie Friddy loans.

1:35.0

There's FHA, there's VA, there's all those kinds of thoans.

1:39.0

But then there's other loans.

1:41.0

There's local banks. There's local banks.

...

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