WS1597: Working with Bankers to Secure a Loan | Brian Tobler

Working with a real estate banker can be an important part of financing a real estate investment. How should you build a strong relationship to help you secure financing for future projects?In this episode, Brian Tobler of Tobler Capital helps us understand how to raise one’s chances of securing a loan when working with a banker. Take it from this former vice president of the real estate division of two of Denver’s top banks. Key Points From This Episode:What were the lessons he learned from his banking career that he applies today in real estate investing?Why did he leave the banking industry to establish his real estate firm?How did he educate himself to learn about the industry?How can investors identify which bankers are going to help them get the deal closed? Which asset class is he most focused on?What are the things that investors need to be aware of when securing a loan?What are his predictions for the real estate market?What factors helped him improve his business?What is the best source for meeting new investors today?What are some of the most important metrics that he tracks?What's the one thing that has contributed to his success? Tweetables:“I think the wisest approach is for the borrower and the bank to feel comfortable with the leverage and what they're doing, and make sure that it's underwritten conservatively.”“We can all get a little excited, the market’s hot, we're going to miss out, we all get a little greedy at times. And I think that's where we have to catch ourselves and say, ‘Does this make sense?’” “It's having your package clean and orderly. So if you have your underwriting that you can submit with your proforma, you have your property and project information all laid out.”“So bringing all that in a Dropbox file, or in some way that the banker can get it, read it, review it anAfter 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/