![]() So you got to be smart to use other financing options and what you do and what we do at Blueprint is teaching people and training people so they can understand their options, is the most important part, especially in United States and Canada people. So you can’t just label it across the board.” As I understand that you’re using similar terminology, as far as how people can build wealth by using other people’s money.įinancing, I think, which is a really smart way to do it because honestly you can only save up so much to get started. I disagree if you’re using it to build wealth, a lot of the wealthy people, actually most wealthy people use other people’s money. I actually got into an argument with Dave Ramsey on Facebook, he was calling every bit of debt really bad and stay away from it. I mean, a couple of the statements you’ve made will definitely make you enemies with Dave Ramsey and Susie Orman when it comes to financing and debt and all that stuff. And so that’s kind of where we come in as more consultants with conversing with people about true strategy and making sure you understand that in real estate, you not only need an entrance strategy, you need a maintenance and an exit strategy. ![]() Oftentimes people find issues and challenges because they’re trying to marry apples and oranges and not apples to apples. That’s going to assist you with the correct strategy that you’re trying to implement in order to have a successful transaction in the first place. And if you think about it more like a tool, it’s like anything else you’re building, you need to find the right loan program. And so does my business partner, who also has lots of properties on the East Coast where he has another office there.Īnd so we cater to those people who need to really understand how to use financing as a tool to build wealth, because that’s really actually what it is. So I come from a family of people who are in real estate, in different aspects. And so because we work in multiple states and metroplexes then in terms of their interest level, their average loan sizes are going to be somewhere between $200,000 and $500,000 on the multifamily and commercial side, we deal with a lot of investors. So we work with a lot of non QM loans along with traditional conventional FHA VA borrowers, and or they’re going to be employees that are… Typically our average client income size is going to be $75,000 and above. On the residential side of the business, we work with clients that are 580 and above, but typically our clients are going to be those that are about 50% of them are self-employed and they’re looking for some traditional and non-traditional options. So who’s an ideal client for you, Brandy? So that is what I do and part of why I am super excited to be here today. So this is a great opportunity for us to have additional referral partners, brokers that we assist in making sure that their clients are taken care of. And so we deal with strategy and long-term wealth building. We are educators, we are not salespeople. We believe in being honest and transparent with our clients. So residential lending is what I’ve been doing for well over the past 10 years, I’ve been in real estate for 18 years and after finding the Business Lending Blueprint, I decided to venture off from more corporate into more so entrepreneurial and give other people the opportunity to maximize on their talents. My name is Brandy Sams and I am the co-founder of GreatBay Lending, which is a commercial lending company that also handles residential, multifamily and we are expanding. So why don’t you just take a moment and introduce yourself to us and what you do and how people can reach you. So I admire her posts and what she’s been doing in our community. She’s an amazing lady and she works really, really hard. So you can witness her progress and what she’s been up to and how things are going and maybe you prefer an opportunity for you guys to work with her. So I just want to ask her a couple of questions and I thought it’d be a good idea for us to record this. We have another session here with one of our amazing members, Brandy Sam’s here with us. Hey everyone, Oz Konar here, with Business Lending Blueprint. And we have a $2 million transactional funding deal that we’re trying to get closed by the end of this month. I just had one that closed yesterday through another one of the vendors too so I forgot about that. So that particular transaction loan amount was about $123,000 nothing like massively major, but at the same time, I made more than $4,000. ![]() That deal was $183,000 loan amount and I made almost $7,000.įrom that particular transaction. So, how many deals have you funded so far? And walk us through the size of the deal, the commissions and whatnot, and how this has changed in your business currently.
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