S3E158 - The Secret Sauce Behind Asset Based Lending Underwriting

The meeting focused on asset-based lending underwriting, with Valia Fisher sharing expertise on documentation requirements and best practices for investors. Valia emphasized the importance of proper organization, including having entity documents, maintaining consistent rental accounts, and creating thorough rehab budgets. She noted that mixed-use properties would likely be the primary area for expansion in non-QM lending, while rural properties were less likely to be accepted. The discussion also covered credit scoring factors, with Valia advising that payment history and credit utilization below 35% are key indicators, and she provided guidance for both new and experienced investors on positioning themselves effectively with lenders.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]