Ep. 53 | Deal Spotlight: $575K relocation bridge loan

from Canadian Private Lenders’ Podcast · host NEAL

In this episode, Ryan and Neal explores a fascinating case: a unique relocation bridge loan for a mini home lakefront property. This episode is packed with insights into the flexibility and creativity private lenders can offer—discussing everything from structuring deals with layered security to assessing borrower stories beyond the traditional credit score. Learn how private lending can offer tailored solutions for borrowers in unique situations and why this approach is gaining popularity in niche markets!Show notes:0:50 - Introduction1:55 - Deal Example: Financing a Mini Home on lakefront property 2:52 – Why lenders hesitate on mini homes6:15 – Property and borrower overview8:57 – Addressing borrower needs that traditional lenders cannot meet10:52 – Flexibility of private lenders in unique scenarios13:14 – OutroResources:Mortgage AutomatorKeystone Capital GroupFind Neal On: Instagram - @RemaxnealLinkedInFind Ryan On: LinkedInE-mail - [email protected]

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This episode is 13 minutes long.

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This episode was published on October 30, 2024.

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