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The Best Ever CRE Show

JF602: Not Your Typical Crowd Funding Platform and Why They are Different

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7995 Ratings

🗓️ 26 April 2016

⏱️ 27 minutes

🧾️ Download transcript

Summary

Today's guest claims that his crowd funding source is the one and only accredited and non accredited investor backed lending source. He's also one of the fastest approvers of a loan you need. Tune in and hear today's opportunity to be a borrower or an investor! Best Ever Tweet: Don't keep doing the same old things, try new things because the world is changing. Brian Dally real estate background: Co-founder and CEO of GROUNDFLOOR Started a wireless company called Republic Wireless and built it as a division of Bandwidth Has a JD from Harvard Law School, an MBA from Harvard Business School and a BA with Highest Distinction from University of Virginia Based in Atlanta, Georgia Say hi to him at: https://www.groundfloor.us/about Please Take 4 Min and Rate and Review the Best Ever Show in iTunes.  Listen to all episodes and get a FREE crash course on real estate investing at:http://www.joefairless.com Need financing? Are you a buy-and-hold investor or doing fix and flips? I recommend talking to Lima One Capital. A Best Ever Guest told me about them after I asked how he financed 10 properties in one year. They are an asset-based lender with unique programs for long-term hold and fix and flippers. Click to learn more or, better yet, reach out to Cortney Newmans at Lima One Capital. His cell is 404.824.6121. Subscribe to Joe’s YouTube Channel here to learn multifamily and raising money tips:https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg Subscribe in iTunes  and  Stitcher  so you don’t miss an episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

Yet somehow only 19% of women reported feeling confident in selecting investments that align

0:11.0

with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.

0:23.7

InvestHircon is not just another real estate conference.

0:27.1

It's a transformational experience focused on real estate investing,

0:31.0

business strategies, and self-care tactics, all designed to help women take

0:35.5

control of their financial futures. Gain the knowledge and skills you need to grow

0:40.0

your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.

0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:57.0

That's Invest Her, H-E-R-K-D-K-G-K-G-K-K-K-K-K-K-K-K-K-Kom, promo code 100 best ever to get $100 off your ticket.

1:05.0

What we show those folks is that having a broader base of investors, given the fact that we

1:09.0

manage all of it, is better for you because it's always a ready source of capital no matter what happens in the capital markets.

1:15.0

Best ever listeners, I want to mention Lima One Capital and I found out about them through a guest that I was interviewing on the show and he mentioned how he was scaling his business.

1:24.8

He was actually buying 10 single family homes within one year and I asked him how were

1:31.4

you able to buy 10 single family homes and how are you financing that he's like oh well I just use an asset based lender

1:37.4

I was like who is that and he told me it's a Lima one capital I reached out to them afterwards, got to know them, and they are the sponsor of today's

1:46.1

episode because they've got some unique lending programs.

1:50.7

One of them is called Rental 30, where as I mentioned they're an asset-based lender, so they're lending based on the properties appraised value, as well as they look at the down payment that you're bringing to the table in the

2:03.5

cash reserves they'll lend up to 75% loan to value and this is huge this is huge

2:09.4

because typically as a single family investor your lending a strength is based on your personal income as well as how many properties you have how many loans you have out there's no restrictions on portfolio size with their

2:26.4

rental 30 program go to Lima1 Capital.com forward slash best ever sign up learn more about the program that's

2:37.0

lemo one capital com forward slash best ever they also have a program Fix and Flippers even if you haven't done

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