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Episode #194 - The Tech Start Up Revolutionizing Loan Sales, with Michael Jimenez, Part 1
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:17:53
- More information
Informações:
Synopsis
Providing loans for real estate Investors can be risky. There is a chance that they might forfeit payments. If real estate investors over leverage and hold onto non performing assets, this creates a spiral effect, which can lead to bankruptcy. On the other hand, banks do not want to take on bad loans as it creates huge risks. This is a big opportunity for other investors who want to purchase these properties. The good news? The solution to selling these non-performing loans to other qualified investors is rather simple. In this episode, Michael Jimenez from xChange.loans joins me to reveal how loan providers can access qualified investors to purchase non-performing loans to willing investors. Listen now. Show highlights include: The new way of selling and buying loans (without the red tape of banks) (5:10) How to get your cut of the hidden $25 Trillion commercial mortgage market in the United States (5:30) The secret online marketplace where investors and loan providers meet to fund lucrative de