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So today's topic is just a quick tip on leverage, on debt, on dealing with your banker because, in this competitive environment, interest-only periods are key. When you're dealing with a local banker, they're probably going to want to put your first deal on a 20-year amortization schedule with no interest-only. Meaning right off the bat, you pay principal and interest, and this crushes cash flow.
Learn how to negotiate the best loan terms in this episode!
Listen to other streaming platform:
Apple podcasts: https://apple.co/3r9O5BW
Spotify: https://spoti.fi/2Ta5IoC
Show notes: https://sweatystartup.com/the-nick-huber-show/
Special thanks to the sponsor: https://junipersquare.com
Join the community: https://sweatystartup.com/rec
4.5
5555 ratings
So today's topic is just a quick tip on leverage, on debt, on dealing with your banker because, in this competitive environment, interest-only periods are key. When you're dealing with a local banker, they're probably going to want to put your first deal on a 20-year amortization schedule with no interest-only. Meaning right off the bat, you pay principal and interest, and this crushes cash flow.
Learn how to negotiate the best loan terms in this episode!
Listen to other streaming platform:
Apple podcasts: https://apple.co/3r9O5BW
Spotify: https://spoti.fi/2Ta5IoC
Show notes: https://sweatystartup.com/the-nick-huber-show/
Special thanks to the sponsor: https://junipersquare.com
Join the community: https://sweatystartup.com/rec
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