In this conversation, Steve Afra, a managing partner at Nvestor Funding, shares his extensive experience in private lending, discussing the nuances between private and hard money lending, the importance of risk management, and how to evaluate potential borrowers. He reflects on the emotional aspects of real estate transactions, the significance of vision in investment success, and the lessons learned about money and resilience in entrepreneurship. Steve emphasizes the need for consistency in business and the generational differences in understanding money, ultimately highlighting the importance of personal growth and resilience in navigating the challenges of entrepreneurship.

Key Takeaways

• Steve has over 30 years of experience in lending.
• The distinction between private lending and hard money lending is often misunderstood.
• Building trust in lending requires taking the high road and doing the right thing.
• Risk management is crucial in lending, especially in fluctuating markets.
• Evaluating a borrower's track record is essential for making informed lending decisions.
• Affordable housing remains a strong investment, even in recessionary times.
• Vision is key for investors looking to succeed in real estate.
• Emotions can negatively impact real estate transactions and decision-making.
• Money should be viewed as energy, and negative energy can lead to negative outcomes.
• Consistency in business practices is vital for long-term success.

About Steve Afra

Steve Afra is a nationally recognized real estate finance expert, private lender, and investor with over 30 years of experience and more than $10 billion in funded and traded loans. As Co-Founder and Managing Partner of Nvestor Funding, he leads capital strategy across fix-and-flip, ground-up construction, and DSCR financing, offering creative, no-hype solutions for serious investors. A former Partner at LuxeBanc, one of the nation’s top non-QM originators, Steve has structured billions in mortgage-backed securities and spearheaded national production efforts. A self-made investor with degrees in Marketing, Finance, and Law, who flipped his first house at 16, Steve is known for his straight talk, deep insight, and relentless drive. He shares unfiltered lessons through his podcast Game of Loans, helping investors cut through trends and build real wealth with clarity and conviction.

Website: https://www.nvestorfunding.com/

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