Financing Your Real Estate Investments: Contractor Evolution

For a free copy of Kyle’s book, click here: https://trybta.com/YTEP139 It’s time for episode 2 of our Wealth-Builder Series! For the growth-minded contractor investing in real estate is an obvious, lucrative, and fun place to put their hard-earned profits. Making money in trades and construction and investing said money into real estate of some shape or form seem to go together like peanut butter and jam. This makes sense... You already have the skills, the tools, the know-how, and the contacts to elbow grease your way to wealth. One of the core components to success here is financing - most real estate transactions involve a lender in some capacity, but getting continuous financing isn’t always easy, especially as an entrepreneur. To have a long and successful career as a real estate investor, you need to “be lendable” - and this is a skill worth learning. Kyle Green is the founder of the Green Mortgage Team and is our guest on the show today. Throughout his career, he has funded over a billion dollars in mortgages, almost entirely to entrepreneurs. In today’s conversation with Kyle, we talk about: - How entrepreneurs can find the balance between being tax efficient with what you pull out of your business while still remaining lendable in the eyes of a bank - The most common ways contractors majorly screw it up with real estate - And lastly, we talk about how rising interest rates are changing the investment landscape and what you can do about it 00:00 - Intro 03:54 - Why is real estate so complimentary to contracting? 10:58 - What does success down this path look like? 13:44 - Banks make it hard for entrepreneurs to borrow, how do we stay "lendable" as an entrepreneur? 24:04 - Under-utilized lending mechanisms and tools 28:02 - Talk about the risks and downsides 40:00 - Current Vibes around the market (Oct 2023) 45:48 - Pros and Cons of owning the space you operate out of 51:29 - Closing Advice Subscribe to Breakthrough Academy to never miss a video! � http://bit.ly/youtubebta Interested in working with us? Let's chat: https://trybta.com/welcome Join our Facebook Group: https://www.facebook.com/groups/contr... Connect with us on Social Media: Facebook: https://www.facebook.com/thebreakthro... Instagram: https://www.instagram.com/btacademy/ LinkedIn: https://www.linkedin.com/company/1017... Email: [email protected] Phone: 1-800-875-1704 #BTA #BreakthroughAcademy #BuildingSuccess Find More Episodes on PCA Overdrive: https://www.pcaoverdrive.org/contractor-evolution PCA Overdrive is free for members. Not a member? Download the app on the Apple Store or Google Play and enjoy a 7 day free trial! Become a member: https://www.pcapainted.org/membership-resources/