Ep.42 | Private Mortgages for Bad Credit??

Discover how private lenders can be a lifeline for real estate investors and professionals struggling with poor credit. This episode cuts through the noise to provide practical advice on navigating the world of private lending, including:●      The pros and cons of private loans for borrowers with bankruptcy or high credit utilization●      When and how to transition from private lending to alternative financing options●      The key factors private lenders consider when evaluating borrowers●      Real-world strategies for overcoming financial setbacks and securing private loansFrom first-time buyers to experienced investors, this episode offers practical solutions to overcome common challenges and unlock new opportunities in real estate. Show notes:1:17 - Introduction2:15 - Are private lenders for borrowers with bad credit? 10:27 - When do you go from a private lender to an alternative?11:07 - When does the lender get qualified?14:49 - Bankruptcy stays in your bureau for a long time20:38 - Overextended credit utilization 24:27 - Marital breakdowns 27:08 - Outro Resources:Keystone Capital GroupFind Neal On: Instagram - @RemaxnealLinkedInFind Ryan On: LinkedInE-mail - [email protected]