Passive Income, Active Wealth - Hard Money for Real Estate Investing

Passive Income, Active Wealth - Hard Money for Real Estate Investing

By Passive Income, Active Growth PodcastBusinessEducationInvesting
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Passive Income, Active Wealth - Hard Money for Real Estate Investing episodes

  • Tax Strategies IRA Secrets #6
    When you buy property use your money. When you want to lend money, use a Roth IRa or IRA.
    There are also huge generational benefits, including probates.
    Your beneficiary can pull money from the IRA as long as it is 5 years old with no taxation.
    15 min
  • The Difference Between Hard Money and Bank Loans #5
    Hard money is a short term high interest loan that enables the buyer to fix up their home and then re-sell it.
    You get all the money to buy and fix up a property as long as it is less than 75% of the end sale's price.
    The bank will only lend you a percentage of the price you pay. No money for repairs.
    The bank has different criteria for whether your new home is worth lending to. If the house is in bad shape, most banks will make it harder to decide.
    19 min
  • The Carolina Hard Money Fund #4
    Wendy Sweet and Bill Fairman, www.CarolinaHardMoney.com, discuss their hard money fund.
    Hard money is usually for bridge funds for a relatively short term.
    They typically only invest in South Carolina, their 'backyard. 75% of loans are in the Charlotte market.
    Single-family, multi-family, self-storage, fix-and-flip properties.
    13 min
  • The Ideal Borrower Client #2
    Bill and Wendy talk about who their ideal client is and what characteristics they look for when putting together a deal.
    Different areas of real estate investing bring different qualities.
    Wendy and Bill are members of Masterminds and their fellow members are perfect borrowers as they know them and also know how honest and determined.
    11 min
  • The Secret Origins of Wendy Sweet and Bill Fairman #1
    Bill started off as a dental technician. He was good at it but it wasn't a fit with his personality. His father-in-law suggested he look at the mortgage industry.
    75% of that business is having a pleasing personality.
    Turns out Bill had a good head for the numbers. He spent over 30 years in the industry. He moved into commercial mortgages.
    Wendy ran a mortgage company. They started to go into investor loans and most loan officers did not want to do the work and volume was huge.
    13 min

About Passive Income, Active Wealth - Hard Money for Real Estate Investing

From the publisher's feed

Passive Income, Active Wealth Podcast starring Wendy Sweet, Jonathan Davis and Bill Fairman. Founders of Carolina Capital Management., LLC in Rock Hill SC. Wendy & Bill have a passion for educating and sharing their 25+ years of investing and lending experience! Both are regularly asked to speak at National Real Estate events and always come away as a crowd favorite. 100% Content!!