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Avoiding Construction Lending Pitfalls!
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Welcome to another episode of the Masters of Real Estate Podcast. In today's episode, we will be discussing an important topic for anyone involved in construction lending: avoiding pitfalls.
Whether you are borrowing money for a fix and flip project or lending money to someone else, there are numerous factors to consider in order to protect yourself from potential headaches and financial losses.
Our guest today is Matthew Owens, a California licensed CPA and full-time real estate investor with over 15 years of experience.
Matthew has lent out over 35 million dollars to flippers across different markets, making him a valuable source of insights on this subject.
He will share his wisdom on key considerations such as choosing the right business partners, assessing borrowers' experience and financial stability, evaluating market values, and ensuring accurate renovation estimates.
Join us as we learn how to navigate the construction lending process and increase our chances of success in real estate endeavors.
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