Have you ever wondered how the big players fund massive real estate deals?
In this video, Pace Morby sits down with Abraham Gray to discuss how Abraham scaled his private money lending business from a few small loans to over $40 million in deployed capital! Abraham pulls back the curtain on the harsh lessons he learned along the way, explaining why he refuses to loan money out of state, the importance of requiring borrowers to have "skin in the game," and why he prefers to take ownership of the deed in certain states rather than holding a lien.
Pace and Abraham also discuss the mental stress of being a business visionary - including what happens when you have to fund a deal but only have $4,000 in your bank account. If you want to learn the insider secrets to private money lending and commercial real estate funding, watch this Q&A!
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🚧🚧🚧 DISCLAIMER 🚧🚧🚧
Pace is not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY.
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By: Pace Morby Title: The Most Commonly Asked Questions About Private Money Lending. Sourced From: www.youtube.com/watch?v=11zKc89dZbE
