Meet Kyle Ford, a Kitchener-Waterloo native turned financial advisor turned independent mortgage agent, specializing in innovative real estate investment strategies, with a track record of success in both realms.

In this episode, Kyle discusses about:

• The importance of working with professionals, particularly in real estate transactions involving lending, to mitigate risks and ensure proper structuring of deals.
• How lenders should evaluate potential deals by assessing borrowers' exit strategies, debt servicing plans, and project financials.
• Securing investments with first mortgages, second mortgages, or limited partnership agreements is recommended to protect lenders' interests while avoiding reliance on promissory notes.
• How mortgage brokers and lenders must have an investor-focused approach, as they can better understand investment dynamics and assess risks accordingly.
• How holding brokers accountable can be achieved by requesting detailed documentation, including appraisals, renovation budgets, and credit verification.
• Why funds should be directed to a lawyer's trust account rather than the broker's account to provide an additional layer of security for lenders.
• Thorough due diligence, an investor-focused approach, and securing investments are essential strategies for mitigating risks in real estate lending.

About Kyle
Born and raised in Kitchener-Waterloo, I was introduced to the financial services industry in my early twenties, where I became an independent financial advisor. While working with clients with a more “traditional” financial planning approach I started to look for alternative investment strategies that would help myself and others reach retirement goals at a much younger age.

At the age of 23, I bought my first pre-construction condo, a year later a single-family rental, and the following year another single-family rental. Fast forward to 2018, I sold my book of business as a financial advisor to focus on my real estate investing business. It was at this time that I also grew my career and started as an independent mortgage agent Finishing in the top 1% Nationally for the past 3 years. I take a real estate investing approach to my mortgage business. My years of experience as a financial advisor have also helped me to develop a balanced approach to real estate investing.

Connect with Kyle
Instagram - https://www.instagram.com/kylefordinvest
Facebook - https://www.facebook.com/kyle.ford.940

Connect with Danielle Chiasson
Website: https://strategicsuccessconsulting.com
LinkedIn: https://www.linkedin.com/in/daniellechiasson/
Facebook: https://www.facebook.com/DaniChiasson
Instagram: https://www.instagram.com/letsgetreal
TikTok: https://www.tiktok.com/@danichiasson
Book in a call: https://calendly.com/strategicsuccess/lets-get-real-estate-20-min-chat 

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