CW 758 - Financing Your Real Estate Investments with Private Equity Loans

Jason has finally moved to a no income tax state where wealth can be accrued at a much faster rate. He now resides in lovely Las Vegas, Nevada which, he says, is much more than the strip. Today’s guest represents a company who provides private equity loans and portfolio lending to business entities in the US as well as foreign nationals. Traditional loan requirements, such as personal credit checks, loan to value ratio considerations and the 10 loan cap do not apply to private equity loans. There are 30-year fixed loans and refinancing options available at agreeable rates.

 

The next annual Meet the Masters Event is scheduled for January in sunny Irvine, California. Early bird pricing is available now.

Key Takeaways:

[2:20] The game-changing concept of the self-driving car.

[3:35] The next Meet the Masters is scheduled for January in sunny Irvine, California.  

[5:55] What does a Donald Trump presidency mean for real estate investors?

[8:21] Jason has moved to the no income tax state of Las Vegas.

[16:08] Non-traditional financing is now available in the real estate market by way of private equity loans.

[17:18] Private equity lending is a common sense underwriting approach to real estate investing.

[18:08] Courtney’s company supplies secondary financing through Wall Street-backed, hedge fund money.  

[20:18] Whitmore’s “Rental 30” is a 30-year fixed, fully amortized business loan currently offering rates between 6.5-8.5%.  

[24:48] Can foreign buyers or IRA buyers utilize these private equity loans?

[27:48] Purchasing two or more properties at one time can save a buyer on origination charges under the portfolio program.

[32:08] What is required to pre-qualify for private equity loans?

[33:08] There is no loan limit per person with private equity loans.

[35:19] Existing properties can be refinanced up to 75% of the  present day value.

Mentioned in This Episode:

Jason Hartman

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Whitmore Capital