Sep 29, 2021
Wendy Sweet talks at Jim Ingersol's Dealmaker 2021 conference. How hard money loans work.
Private money lenders are worried about who they can trust with their money.
1) Types of properties, lenders prefer to loan to
2) Financing options
3) How to qualify
4) Short term rentals (AirBNBs)
0:01 - Let’s talk about Lending! - What Wendy Sweet is passionate about!
0:44 - Who is Wendy Sweet? - Carolina Capital Management
0:49 - https://www.CarolinaHardMoney.com
1:12 - How Wendy Sweet started lending money
4:11 - Wendy’s Short Term Rental Business
6:52 - Multiple Ways of Financing Your Properties
10:28 - 3 things to learn from Wendy Sweet
10:50 - Due Diligence Topics
21:38 - How To Qualify For Most Financing
35:18 - Fix and Refinance
44:40 - Long-Term Loans
50:01 -https://www.HostFinancial.com - for Short-Term Rental properties
51:31 - https://www.SocotraCapital.com
52:17 - https://www.KramCapital.com
52:45 - Investor Loan Source - https://www.ILS.cash
53:07 - Things to be aware of as an investor
57:28 - The importance of appraisal
1:00:22 - How Wendy finds her private money lenders
1:01:38 - Wendy gives back - https://calendly.com/wendysweet/wednesdays-with-wendy
Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and "Ground up Construction Loans" for investors only in NC, SC, GA, VA and TN (some areas of FL, as well). North Carolina hard money lenders and South Carolina hard money lenders.
As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management. North Carolina hard money lenders and South Carolina hard money lenders.
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