OREP 17 | Everything you need to know about Hard Money financing with Shane Lex

Shane has spent the last 17 years financing all types of residential fix & flip and ground-up construction projects across the country.
Shane shares how he went from training to be a fighter pilot to becoming the top hard money loan originator in the country!
In this episode of the Optimized Real Estate Podcast, you'll hear about…

- How he got started, and went from lender to fix & flipper (flipped 1500 homes!) during the Great Recession
- Getting the best pricing from a hard/private money lender
- Using leverage to do more deals and make more money
- Questions to ask your lender before committing
- Top mistakes investors make that cost them tons of time and money
- How to reduce market-timing risk and getting projects funded (and completed) faster
- Avoiding delays in qualifying and closing your deal
- How to submit the perfect loan package (Shane walks us through the whole process)
If you use hard (or private) money financing to fund your residential development project, this podcast is a Must Listen!!