WIP 1292: The Greatest Business Audiobook - Part 2 - Assembling Your Dream Team
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 5 September 2023
⏱️ 28 minutes
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| 0:00.0 | You're listening to Wholesilling Inc episode number 1292. |
| 0:05.1 | You need to talk to a transactional funding lender. |
| 0:11.7 | Just Google it. |
| 0:12.7 | There's a ton of great resources transactional funding lender. |
| 0:18.0 | These people will give a hundred percent of the purchase price for the properties that |
| 0:24.3 | you have under contract. |
| 0:25.6 | They're looking at, as long as it's a deal, let me preface this. |
| 0:29.6 | It's got to be a deal. |
| 0:30.6 | They're not going to give you a hundred percent if you want to do a rental property. |
| 0:33.6 | If you want to do a house that's in great condition or anything like that, they don't want |
| 0:36.8 | to mess with that. |
| 0:37.8 | They're looking for deeply discounted properties because they're what's called an asset-based |
| 0:42.0 | lender. |
| 0:43.0 | Okay? |
| 0:44.0 | They're not pulling your credit and looking at your credentials. |
| 0:47.0 | They're looking at the credentials of the property. |
| 0:49.0 | If it's not a deal, they're going to let you know. |
| 0:50.7 | But if it is a deal and it should be a deal, they'll give you a hundred percent. |
| 0:55.6 | You are now a cash buyer. |
| 0:57.6 | The industry is set up for you to win. |
| 1:00.4 | These lenders need to find opportunities. |
| 1:03.8 | They love you. |
... |
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