JF505: This Lender Closed a Deal for a Client that was Denied 24 Hours Prior!

Price? Cost of rehab? Retail sales price after rehab? He asks these questions to his clients hoping to qualify for a quick loan. His best move was moving to California, and there he found the hard money industry. As a hard money lender, he has made some tough decisions, but one of them turned out well...and was made in 24 hours!Best Ever Tweet: You always make money on the purchase. Ben Stoodley (stood-ley) real estate background: Civil Engineering grad turned real estate sales person turned investor and hard money lender He’s a loan originator and did over 100 loans in 2015 averaging about $1M a month on average Active real estate investor as both a buy and hold and fix and flip Based in San Diego, California and say hi to him at lantzmanlending.com His Best Ever book recommendation: Four Hour Work Week by Tim Ferriss Made Possible Because of Our Best Ever Sponsors: Please Take 4 Min and Rate and Review the Best Ever Show in iTunes. . You find the deals. We’ll fund them. Yes, it’s that simple. Fund That Flip is an online lender that provides fast and affordable capital to real estate investors. We make funding your projects easy so you can focus on what you do best…rehabilitating homes. Learn more at http://www.fundthatflip.com/bestever. What’s the Best Ever health plan for YOU? Go to http://www.stridehealth.com/bestever and find a better health plan in 10 minutes or less. On average you’ll save $418 on coverage and care. Listen to all episodes and get a FREE crash course on real estate investing at:http://www.joefairless.com Learn more about your ad choices. Visit megaphone.fm/adchoices