Don’t Get Burned: Smarter Borrowing and Lending in Hard Money Deals with Jason Balin

Ever wondered how to build a profitable lending business without the headache of flipping houses? In this episode, Cameron Christiansen and Anthony Faso sit down with Jason Balin, co-founder of Hard Money Bankers, to discuss insider secrets on how to create steady, passive income through private lending in real estate.

Jason shares his journey, from launching a lending business during the 2007 recession to managing millions in loans and helping countless borrowers secure financing. He emphasizes the importance of finding the right loan-to-value ratio to ensure profitable lending opportunities and how hitting singles, not home runs, is the key to sustainable growth.

Jason walks listeners through the steps to become a successful private lender, explaining the four key components: Collateral, Character, Capacity, and Credit. He also explores the risks and rewards of hard money lending and why this business model offers an attractive way to build passive income without getting bogged down in daily operations.

Whether you’re an investor or aspiring to be one, this episode is packed with valuable insights on leveraging hard money lending for steady returns. Tune in to learn how to get started in private lending.

In This Episode:
– Introduction to Jason Balin
– How Jason started doing hard money lending
– Why private lending is a safer investment
– The four C’s of private lending
– Red flags borrowers need to watch out for in private lenders
– Evaluating deals and borrowers
– The mindset required to succeed in private lending
– How to learn more about hard money lending

Resources:

Join the Infinite Wealth Study Group 

Check our Online Course 

Buy Becoming Your Own Banker by R. Nelson Nash 

Connect with Jason Balin:

Website 

LinkedIn 

Podcast 

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.