Hard Money Secrets with Ian Walsh

<p>What you’ll learn in just 17 minutes from today’s episode:</p> <ul><li>Learn about the pitfalls of having a funding source as a bank </li> <li>Find out about the advantages of financing options via private lenders over banking institutions </li> <li>Find out the mistakes to avoid when using private money lenders </li> </ul> <p>Resources/Links:</p> <ul><li>Get your FREE 7 Steps to Guaranteed Hard Money Loan Approval. Click here: <a href='https://hardmoneybankers.com/'>https://hardmoneybankers.com/</a> </li> </ul> <p>Summary: </p> <p>Ian Walsh is a partner at Hard Money Bankers PA. As a managing partner, he is always looking to lend money to investors in the Eastern Pennsylvania and Southern New Jersey market. Lending is a passion and being creative to make the loan work for the borrower is always exciting. It does not matter if it is a construction and acquisition loan, a construction loan or a refinance, he always tries to find a way to make it work.   In this episode, Ian shares how hard money lenders or private money lenders, provide fast and flexible lending solutions to real estate investors; approving loans in as fast as 24 hours. </p> <p>Topics Covered: </p> <p>00:44 – What investment strategy he started with </p> <p>02:07 – Hard money lending and different financing options available for real estate investors </p> <p>03:28 – How does a private money lender differ from a bank  </p> <p>06:21 – Hard money lender versus private money lenders </p> <p>10:23 – How were they able to raise $40 million dollars to loan out  </p> <p>12:00 – Mistakes real estate investors commit when they go to private money lenders </p> <p>Key Takeaways: </p> <p>“Private and hard money is getting to be a lot more flexible, we’re about speed. We’re about analysis, quick analysis on the property first. And that’s closing in 24 hours.” – Ian Walsh </p> <p>“Bankers are not investors first by nature, which means they’re underwriting you rather than your deal. They’re not really fit for our s