Aug 18, 2021
Our guest has been in the real estate and financing space for over 20 years; and in the last 5 years, he has closed at least 650 transactions.
Joining me on the podcast today as Antonio Hernandez. Backed by his own experiences as an investor, he has become a lender who specializes in working with other investors. He is based in Chicago, but he lends nationwide.
In this episode, Antonio offers
advice for people who are new to rental properties and getting
loans. He also talks about what he has to offer as a lender, the
strategies of other lenders, and a few things you should consider
if you’re a short-term rental property owner.
Tune in for insight
from an investor-lender’s perspective!
Key Takeaways
[03:18] How Antonio transitioned from investor to lender
[06:18] The advantages of doing the BRRRR strategy
[08:46] About getting loans from private or hard money lenders
[11:25] How investors can access the loaned money while doing projects
[13:08] Lenders don’t care where your money comes from as long as it is in your account
[14:33] On qualifying for an investment loan
[21:38] On getting loans for short-term rentals
[26:55] On appraisals
[34:00] Have an LLC or a corporation. You also need money (for the downpayment), credit, and experience—but you don’t need these 3 at the same time
Links
Antonio’s website - https://theinvestorfunding.com/
Antonio’s number - 630-640-9060
Antonio’s Facebook - https://www.facebook.com/AntonioHernandezEnt
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