EP 245: The Real Estate Financing Mistakes Costing Investors Thousands | William Harvey

Most people don’t lose money in real estate because they picked the wrong house…They lose money because they didn’t understand the financing strategy behind the deal. This week on the Exit Strategies Radio Show, host Corwyn J. Melette sits down with William Harvey, founder of Harvey Capital, to unpack the realities of private lending, hard money financing, house flipping, hospitality investing, and what homeowners and aspiring investors need to understand before jumping into a deal.From common mistakes that cost people money to understanding risk, equity, and financing strategy, this conversation is packed with practical insights for anyone looking to build wealth through real estate while protecting their financial future.Will shares how he went from a double college dropout to building a real estate investment and hard money lending business — while also discussing the importance of faith, stewardship, and legacy-building.Key Takeaways:00:01 — Will Harvey’s journey into real estate investing00:06 — How private lending actually works00:07 — Why hard money isn’t always “expensive”00:08 — Risks borrowers and lenders face00:11 — Why ARV matters so much00:15 — Biggest mistakes new investors make00:18 — Hospitality and Airbnb investing lessons00:21 — Faith, stewardship, and legacy-building Legacy Takeaway:What I'm focused on now is really trying to generate wealth and resources and use that to try to help initiatives that are actively trying to spread the gospel throughout the world. Connect with Will:Contact Number: 703-677-7991Invest with: Harvey-Capital.comHard money: HarveyCapitalFunding.comConnect with Corwyn:Contact Number: 843-619-3005Instagram:⁠ https://www.instagram.com/exitstrategiesradioshow/⁠FB Page:⁠ https://www.facebook.com/exitstrategiessc/⁠Youtube:⁠ https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA⁠Website:⁠ https://www.exitstrategiesradioshow.com⁠Linkedin:⁠ https://www.linkedin.com/in/cmelette/⁠Shoutout to our Sponsor: Mellifund Capital, LLCNeed funding for your next real estate flip or build? MelliFund Capital makes it fast, flexible, and investor-friendly. Visit MelliFundCapital.com and fund your future today. Again, that's MelliFundCapital.com, M-E-L-L-I-L-U-N-D, Capital.com.