Private Mortgage Lending with David Steinfeld
As investors we tend to know the role of a private mortgage lender, but how much do we know about the actual operations of running the business. Things like how to decide to lend or not, how much value to put on the character of the person borrowing funds, and etc.. We're diving into all of this in this episode and we also learn the similarities between lending here in the states and our friends up north in Canada. David Steinfeld of StoneField Capital leaves no stone unturned as he gives us an intimate view of his operations and thought process on private mortgage lending. This is an episode that you don't want to miss!
A few topics covered:
1. Different ways to utilize private mortgages.
2. What's more important, the property or the character of the borrower?
3. How to maximize the amount you can borrow.
4. How debt is the best place to be in the capital stack.
Say Hello to David!
LinkedIn: @David Steinfeld
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