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Jake and Gino Multifamily Investing Entrepreneurs

How To Network With a Banker When Buying Multifamily Apartments

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5831 Ratings

🗓️ 17 September 2015

⏱️ 42 minutes

🧾️ Download transcript

Summary

Learn how to build long term, profitable relationships with one of the key players in your multifamily investing business. In this podcast, Jake and Gino allow you an in depth interview with First Vice President of MCB, Michael Saporito. Also, learn how a well designed credibility kit will make you stand out among the rest.

Transcript

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0:00.0

Welcome to the Wheelbarrow Profits Podcast, where you get multi-family investing made real.

0:06.5

Learn from top players in the real estate investment world as they share their secrets with you

0:11.5

and discover proven strategies on apartment investing that actually work.

0:16.0

To learn more about wheelbarrow profits, visit jake and gino.com.

0:24.7

Your one-stop shop for everything multifamily now to your host jake and gino hello everybody this is jake stenziano host of the wheelbarrow profits podcast

0:31.2

here with my co-host the multi-family madman and the guy who had me on a conference call until

0:37.0

1130 last night, Mr. Gino

0:39.1

Barbaro. Gino, how's it going today? Jake, it's good. It was actually 1145 last night.

0:43.9

Prick. Today's very important guest is Michael Saperito. Mike is a vice president and relationship

0:50.5

manager at Mountain Commerce Bank here in Knoxville, Tennessee.

0:57.7

We have done three deals with Mike and we're actually doing another one this Friday.

1:01.9

We like working with him because he's the kind of banker you can trust and count on.

1:07.1

Today, Mike is going to take us through the steps of networking with a banker for the first time and some strategies on financing your first deal.

1:12.4

This podcast aligns with the finance right portion of our framework. So without further ado, Mr. Saperito, welcome to the show.

1:20.7

Morning, guys. So tell us a little bit about how you got into banking you know I got into banking really through my dad

1:31.9

he was in banking my entire life and when I went into college I knew pretty much my freshman year

1:38.7

that I wanted to be a banker so I started out on the finance path and graduated from college and started banking two weeks later.

1:46.6

So I have kind of known for a long time.

1:50.4

Mike, why don't you talk about your current role with the bank now?

1:55.3

Yeah, currently, as Jake said, I'm a vice president and relationship manager.

2:00.3

I handle mostly commercial loans, but really all types of loans in the Knoxville and surrounding areas.

2:07.0

We cover Blount County, Anderson County, and most of the surrounding areas of those cities as well.

...

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