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And I think what I learned from those failures and sort of the demoralization of experience

in that room full of investors was a lot of times when you start thinking about

this is going to fail to really yourself telling you that and best ever

listeners I want to mention Lima 1 Capital and I found out about them through a

guess that I was interviewing on the show and he mentioned how he was scaling his business.

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

I was like who is that and he told me it's a Lima one capital I reach out to them afterwards got to know

them and they are the sponsor of today's episode because they've got some unique

lending programs 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 and the cash reserves. They'll lend up to 75% loan to value and this is huge.

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