WS1478: Things To Know About Private Lenders | Edward Brown

There are many ways to get funding for your real estate deal. You can do syndications, take an institutional loan, or even borrow money from a private lender. In this episode with Edward Brown of Pacific Private money, we talk about the things one needs to know when borrowing from a private lender.Edward kicks off the show by talking about the two radio shows he’s hosting. He then shares about his company, Pacific Private Money, and their niche which is the bridge loan. He also details the kinds of funds they have, how the company is maintaining organizational cohesiveness, and how they are meeting new investors through radio advertising and endorsements from people who trust the company. Click the play button now and enjoy the show!Key Points From This Episode: Edward talks about the fascinating intersection of sports and business.What got Edward into doing a radio show?Edward shares that Pacific Private Money’s niche is bridge loans.How does the current environment is affecting Edward’s company and what opportunities does he see in bridge loans right now?Edward shares that their average loan size is between $800,000 to $1,000,000.How does Edward’s company maintain organizational cohesiveness as they try to work the loans through the process?What factors pique the interest of a private lender like Pacific Private Money?How did the 2008 recession affect Edward’s company at that time?Edward shares that radio advertising as well as endorsements from people who trusted their services help their company to meet new investors.Edward talks about their freedom fund and how he talks to investors about risks.The daily habit that contributed to Edward’s success.Tweetables:“We decided to take that leap some years back, then we're not the only ones. But we're one of the few. And like you said, we're probably one of the largest in the counAfter interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. I'm looking for five men to walk closely with who want to lead well at home and work.  Email me at [email protected] and tell me why you should be one of the five. whitneysewell.com  VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow📝 JOIN THE DISCUSSIONhttps://www.facebook.com/groups/realestatesyndication➡️ FOLLOW UShttps://twitter.com/whitney_sewell https://www.instagram.com/whitneysewell/ https://www.linkedin.com/in/whitney-sewell/ ⭐ Be Our Guest!We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over. Apply here: https://lifebridgecapital.com/join-our-podcast/