Private lending for real estate, with Alex Breshears (Lend2Live)

<p>Early in <em>Dead Poets Society,</em> we’re introduced to Dr J. Evans Prichard’s approach to measuring the greatness of a poem, a dual-axis model which plots ‘perfection’ against ‘importance’ and which is immediately ripped up - because it is excrement. Luckily, I’m not trying to confine something as ethereal as poetry, so bear with me, and imagine a market for loans being described using two axes, with the horizontal axis showing the level of standardisation and the verticle axis showing the average values involved.</p><br><p>The top right corner is where we place standardised loans of relatively large values. Every lender would love to operate here - because it is easy to automate solutions and the rewards for doing so are high. But there’s not going to be enough space for everyone, so lenders will have to spread out: some to provide basic solutions for lower value but highly-standardised loans, and some to build bespoke solutions for customer high-value loans. </p><br><p>But who will provide loans that require significant customisation but offer as a reward, only relatively low values? Well, maybe you can, because this is the space where personal lending can thrive. In today’s episode, I speak to <a href="https://www.linkedin.com/in/investpassively2liveactively/" rel="noopener noreferrer" target="_blank">Alex Breshears</a> of <a href="https://www.facebook.com/groups/privatelendinglessons/discussion/preview/" rel="noopener noreferrer" target="_blank">Lend2Live Learning</a>, and find out how she provides capital to local real estate developers, and how she and her partner teach others to do the same.</p><br><p>First and foremost, the Lend2Live book launches today, and you can buy it here <a href="https://store.biggerpockets.com/pages/coming-soon?fbclid=IwAR1QazmmZp-1_9NTMyYIwjiLIv3fAOFv2SEdHSZpwxVExrxDHdB2v_TPp3o" rel="noopener noreferrer" target="_blank">https://store.biggerpockets.com/pages/coming-soon?fbclid=IwAR1QazmmZp-1_9NTMyYIwjiLIv3fAOFv2SEdHSZpwxVExrxDHdB2v_TPp3o</a> </p><br><p>But you can also head