EP 93 | Unveiling The World of Hard Money, Everything You Need to Know

20/07/2023 50 min Temporada 1 Episodio 93
EP 93 | Unveiling The World of Hard Money, Everything You Need to Know

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Episode Synopsis

In this episode of the Real Estate Power Play Podcast, hosted by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. In this podcast episode, they discuss the topic of hard money in real estate investing. They provide an overview of hard money, its differences from traditional financing, and its benefits for investors. In addition, the Real Estate Power Play Podcast, presented by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. They share their personal experiences using hard money for fix-and-flip deals and highlight the quick closing time and flexibility it offers. They also emphasize the importance of building relationships with lenders and the credibility that comes with successfully borrowing and repaying money. In this episode of the Real Estate Power Play Podcast, hosted by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. They mention the higher interest rates associated with hard money and caution listeners to carefully analyze the numbers and ensure there is enough profit margin to cover the costs. They also talk about the possible downsides of hard money, like upfront fees and shorter time periods for paying it back. Overall, the episode is helpful for real estate investors who are thinking about using hard money as a way to finance a project.On this episode of the Real Estate Power Play Podcast with Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte talked about:Potential for higher risk if the project failsNeed for a strong project analysis and exit strategyCertain markets or property types are scarce.Be sure to check the Real Estate Power Play Podcast on your favorite podcast sites listed below.  Enjoy the show!YouTube - https://bit.ly/2ZromuYGoogle Podcast - https://bit.ly/3nL1yyYSpotify - https://spoti.fi/3pLjv2IApple Podcast - https://apple.co/3jGYQJCAmazon Podcast - https://amzn.to/3o1cecHPodcast Addict - https://bit.ly/3nHVVSaPodchaser - https://bit.ly/3BhDIQ5Pocket Casts -https://pca.st/etbhktqrDeezer - https://bit.ly/2ZuryWyListen Notes - https://bit.ly/3jHV8z6Player FM - https://bit.ly/3nz12UpPodcast Index - https://bit.ly/3mkelbUTuneIn+Alexa - https://bit.ly/2ZuhjSNConnect with Real Estate Power Play Podcast Hosts:Facebook: https://bit.ly/3mMZcAiMark Monroe: https://linktr.ee/markmonroeRonald Walker: https://linktr.ee/RonniewalkerMarty Grizzanti: http://linktr.ee/MgrizzantiGabe Rodarte: https://linktr.ee/gaberodarte#GabeRodarte #MarkMonroe #MartyGrizzanti #RonnieWalker #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo #HowToGetStartedInRealEstate #CreativeFinancing #SellerFinancing #wrap #realestateinvestor #wholesalehouses #creativerealestateinvesting #wholesaling #leaaeoptions #renttoown #realestateinvesting