How to Fund Real Estate Deals From a Lenders Perspective with Beau Eckstein

Today we are going to talk about how to fund real estate deals from a lender’s perspective. My guest today, Beau Eckstein, does many types of loans. These include commercial lending, construction loans, business loans, hard money loans, and bridge loans. If you’re wondering what the best way is to approach a lender to fund your project, that’s one of the things we’re going to talk about today. How to ask for funding the right way. 

Key Highlights:

[00:01 - 07:10] Opening Segment

• Beau's background and work

• His experience with a variety of loans and starting to invest in larger commercial deals
• Operating a company that helps businesses grow

• How to approach a lender for money to fund your project

[07:11 - 14:30] Find the Best Debt for Your Real Estate Investment

• Why Beau prefers cheaper housing markets

• How Beau assesses where his customers are at with their real estate journey

• Figuring out what the best loan program is for them

[14:31 - 21:38] Non-bank Lenders Offer More Options for Real Estate Financing

• Ban lenders vs non-bank lenders

• There are many ways to finance a real estate purchase

• Find a lender that will allow subordinate financing and second mortgages

[21:39 - 28:33] Structuring Deals

• There are a variety of ways to structure deals

• Profit share agreements, non-recorded profit share agreements, and private money loans

• The key to success is being a good deal architect and knowing how to put deals together

• Why real estate professionals may experience a slowdown in transactions

[28:34 - 35:40] How to Become a 100%er

• Real estate investors should learn all the tax strategies available to them

• How investors can reduce taxes is to become

• Why you should own different types of real estate that have different tax rates

[35:41 - 42:42] Closing Segment

• You just have to be ultra consistent

Want to connect with Beau? Check out Beau Eckstein and visit Investor Financing!

Resources Mentioned:

Who Not How by Dan Sullivan and Dr. Benjamin Hardy

The Compound Effect by Darren Hardy

Get Different: Marketing That Can't Be Ignored by Mike Michalowicz

Key Quotes:

"There are a million ways to invest, and I feel that's where I bring the most value to show people easy ways to get financing." - Beau Eckstein

"Do not over leverage because if you can't make progress when you close escrow and get your first draw, you're gonna be behind the whole time." - Beau Eckstein

WANT TO LEARN MORE?

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Or you can send me an email at sharon@sharonvornholt.com

Be sure to check out the Louisville Gal's Real Estate Blog and my course Probate Investing Simplified.

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