If you are looking to get funding to expand your short-term, mid-term, or long-term rental business, capital will always be one of the things that is difficult to deal with, and Derrick Barker and his team at Nectar help experienced real estate entrepreneurs get fast, flexible, non-debt financing that they need to scale their rental portfolio without giving up any equity. No loans. No investors. 
 
Derrick is the co-founder and CEO of Nectar, a marketplace for real estate cashflow that allows cashflow-based financing for professional STR operators. During his college days at Harvard, he initially started venturing into out-of-state real estate flipping, using other people's money to invest in Atlanta, which began scaling their real estate portfolio. He also worked as a trader at Goldman Sachs, which led him to realize every entrepreneur’s need for quicker financing options for real estate deals. 
 
Through our conversation with Derrick, we'll dive into the ins and outs of Nectar! How Nectar originally started, what Nectar actually is, who is it for, about collaterals in general, their difference to a working capital loan, how they can fund arbitrages, and how they can help finance your next rental. Make sure you stick around because we’ve also briefly discussed the importance of cash reserves, third world problems, living in the 1800s, and how optimism can be essential in your entrepreneurial journey. This is really a jam-packed episode, so make sure you grab your notes and, as always, take action!

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Connect with Derrick Barker!

• LinkedIn
• Nectar Website
•  Email: [email protected] 

 
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