The Brutal Reality of Hard Money & Private Lending ft. Kyle Ford Ep. 08
Manage episode 470480801 series 3605665
Why would you ever go to a 'C Type Lender' for borrowing money on your investment property?
In the eighth episode of the BLD Financial Podcast, we sit down with Kyle Ford to explore the world of private money lending. Kyle explains why private lenders are a great option for real estate investors, especially when purchasing multifamily properties. We dive in to how private money lending can be a valuable tool for real estate success, offering investors the opportunity to access capital when conventional financing options are limited or unavailable within the necessary timeframe.
Who is Kyle Ford?
Kyle is an independent mortgage agent, he finished his first year in the top 20% at Mortgage Alliance and his second year in the top 10%. He takes a real estate investing approach to his mortgage business. Kyle has over a decade of experience in Financial services; 6 previously as a financial advisor and currently 5 years as a full service, licensed mortgage agent with Mortgage Alliance – Canada’s Mortgage Choice Ltd. Born and raised in Kitchener-Waterloo, Kyle Ford was introduced to the financial services industry in his early twenties, where he became an independent financial advisor. While working with clients with a more “traditional” financial planning approach he started to look for alternative investment strategies that would help himself and others reach retirement goals at a much younger age.
At the age of 23 he bought his first pre-construction condo, a year later a single family rental, and the following year another single family rental. Fast forward to 2018 he sold his book of business as a financial advisor to focus on his real estate investing business.
Follow & Connect with Kyle Ford:
Instagram - https://www.instagram.com/therealkyleford
Facebook - https://www.facebook.com/people/Kyle-Ford-Invest/61556960051291/
Tik Tok - https://www.tiktok.com/@kyleford576
Website: https://capgapmft.com/
Follow & Connect with Josh & Ehren:
Instagram - https://www.instagram.com/bldfinancial
Facebook - https://www.facebook.com/BLDfinancial
YouTube - @bldfinancial
DLC National License: 12360
#CanadianRealEstate #PrivateLending #MultifamilyRealEstate
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