Mar 10, 2021
Today’s show is a treat for knowledge-hungry listeners as we have a financial guru who will share his perspectives on real estate investing and financing.
We have today Daniel Rosen, the Chief Lending Officer and one of the founders of Renovo Financial. It is a rapidly growing specialty finance business designed to capitalize on the significant market opportunity in providing capital to residential real estate investors. Renovo’s high-touch service, expert advice, and speed combined with flexible and innovative loan products allow its borrowers to commit to and undertake projects with confidence. Renovo typically funds small to mid-sized projects up to $1 million.
In this episode, Daniel will talk about investor financing and other options to finance real estate projects. With this, he will share about his humble beginnings in investor financing and starting Renovo Financials. Daniel will give a lot of advice throughout the episode that will surely feed up the listeners with his valuable inputs on what to watch out for to stay out of problems, investing for new investors, and what to do to be successful. He will also share the plans for Renovo in the coming years.
If you are about to expand your real estate portfolio and need advice on how to finance it, then this might be the right episode for you. Listen and find out more about it!
Key Takeaways
[03:50] How Daniel got into investor financing
[05:55] His first-hand experience from jumping into lending
[06:58] His timely start to lending and its challenges
[08:39] The birth and rebirth of Renovo
[09:56] What he thinks changed in the money business
[13:23] What options Renovo offers
[16:20] Daniel’s advice on being careful in doing real estate business
[20:32] Business direction concerning the dropping interest rate for him
[27:35] His perspective on what investors should do to stay out of the problem
[31:30] His advice for new real estate investors
[32:38] What his clients do to be successful
[37:38] Next evolution for Renovo in the coming years
[41:19] Renovo’s long term loans for long term rentals
[43:23] Best way to get a hold of Renovo or Daniel
Links/Email
Daniel Rosen on LinkedIn - https://www.linkedin.com/in/daniel-rosen-5841832/
Renovo Financials Website - https://www.renovofinancial.com/team
Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1
Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals
Living Off Rentals Website - www.livingoffrentals.com
Living Off Rentals Instagram - www.instagram.com/livingoffrentals