S1E100 - The Future Of Private Lending

Joseph discussed the future of private lending, emphasizing its potential for growth and its appeal to non-traditional borrowers. He predicted that private lending would become 75% of the business for investment properties over the next five years. Dave, a team member, agreed with Joseph's assessment, noting that non-QM loans would become a significant part of the market. Both highlighted the need for responsible adoption of these strategies. Joseph discussed the importance of surrounding oneself with a team of experts to facilitate insight and adaptability in the ever-changing market cycle. He emphasized the need for personal experience and quick thinking in the private lending industry, which is rapidly evolving with the integration of AI and prop tech. Joseph also highlighted the potential for private lending to become a more lucrative option for those struggling to access conventional financing. Alex, a real estate investor and construction manager, agreed with Joseph's points and added that private lending could be more efficient and cost-effective than government-operated projects. Joseph then provided a detailed breakdown of what a true direct private lender does in the asset-based lending space, including the types of properties they work with and the typical loan amounts. He also expressed a wish for programs specifically for rural properties and modular new construction. Contact Our Sponsors=================Perkitech - https://perkitech.com/Built Lending - https://www.built-lending.com/MB Capital Solutions - https://mbcapitalsolutions.com/Joseph @ Built Lending - https://www.linkedin.com/in/josephvscorese/Contact Us===========Main Website - https://creativebrrrrstrategies.com/Podcast Site w/ All Links - https://thecreativebrrrrstrategiespodcast.buzzsprout.com/share/Email - [email protected]