Hard Money Lending Gone Bad: Tornado Could Cost Me 20K or 100K
Автор: Hard Money Partner
Загружено: 2024-03-27
Просмотров: 161
Описание:
Hard money lending gone bad is when a tornado could cost me 20K or 100K. You never know what can happen when running a hard money lending business.
In this video, I'll explain how a hard money loan went bad when a tornado hit a house I was lending on.
This is why having all your checks and balances in place is massively necessary if you are interested in starting any type of money-loaning business.
00:00 Intro
00:45 Possible Biggest Loss
03:45 Tornado
05:44 Borrow Gone Bad
07:30 Getting the deed
09:10 Now what
About Rodney Miller:
Rodney started his career in real estate investing in 2003. Since that time he’s been a principal in over 300 real estate investment transactions. Rodney started casually loaning money to other investors around 2005. In 2020 Rodney decided to go all in on private lending and started Hard Money Partner LLC. He currently has about $4mm in loans with about 10 hours a week of time invested in the private lending business. Rodney has been married for 23 years and has 3 awesome kids and 3 dogs. Rodney lives and operates HMP out of his office in Oklahoma City. HMP’s service area is Oklahoma, and north Texas, more specifically, the Dallas/Ft Worth Metroplex.
Borrower Resources:
Apply for a loan
https://tinyurl.com/HMP-Loan-App
Guaranteed loan report
https://tinyurl.com/Get-A-Loan-Guide
How to flip a house report
https://tinyurl.com/House-Flipping-Re...
Investor Resources:
How to invest with Hard Money Partner
https://tinyurl.com/Invest-with-HMP
A Beginners Guide to Private Lending- By Rodney Miller
https://tinyurl.com/Private-lending-book
Rodney is available for consultation on all things hard money lending, whether it be borrowing, Investing, or starting a lending business.
Book a call with Rodney to discuss the lending business:
https://api.leadconnectorhq.com/widge...
YouTube Url: • Hard Money Lenders: How to Spot Red Flags ...
Join us on:
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/ hard.money.partner
Linkedin
/ rodneymiller
Twitter
/ rodneyhmp
TikTok
https://www.tiktok.com/@hardmoneypart...
Video hashtags:
#hardmoneylender #hardmoneypartner #hardmoneylending
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