The Builders Ladder

Expand Your Portfolio through Strategic Property Financing (with Scott Wilson of Assetwise)

11.29.2023 - By The Professional BuilderPlay

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Unless you were born with a silver spoon or recently won the lottery, you should think about property financing to add more properties to your portfolio or build your own home. But let's be real, applying for loans is not a walk in the park, right?

Today, Marti had a chat with Scott Wilson, the founder of Assetwise. With over 36 years of experience giving expert financial advice about insurance, mortgages, retirement plans, and anything finance-related under the sun, Scott is the guy you want to listen to if you're aiming to secure your loan for property financing.

In this episode, we covered these topics:

The 3 C’s lenders look for in borrowers: Collateral, Capacity, and Character

How to create a loan structure that increases chances of approval

Fees to think about in structured deals

Why building relationships with lenders is important

Walkthrough of a well-structured deal

3 Tips for Builders Eyeing Property Financing

Understanding your finances will help you position yourself for long-term, sustainable growth. For our builders scaling up, especially in the $2 million to $10 million revenue range, this is an episode you shouldn't miss. Grab your calculators and spreadsheets because we're diving into strategic property financing!

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