Alissa Bickar and Mark Abramovich discussed their backgrounds, passion for real estate and finance, and the challenges and rewards of entrepreneurship. They emphasized the importance of providing valuable content, continuously learning, and having a strong team and network for success in business. The discussion also touched on the benefits of involving family in business and teaching children about financial independence and investment.
Read MoreAll about hard money. Lender lingo ARV; After Repair Value. Loan limits, a percentage of the purchase price, and 100% of the renovations. LTC; Loan To Cost limits. What lenders need for underwriting; applications, background and credit checks, entity docs, bank account statements, etc. The scope of work / renovation budget, and its use for an appraisal. Valuating properties, comparable values, and disputing appraisals. Reimbursement draws; how they work, fees, and having the renovation funds provided. Do not advance for work not done, reimburse the contractor for work done. Using 0% interest credit cards to save money. Build relationships before you need them. Using personal cash vs borrowing. Minimum returns; Profit and ROI (Return On Investment). Analysis and underwriting, story and math. Timelines to close a deal.
Read MoreAll about Hard Money. Why Mark does what he does. The difference between residential mortgages and hard money (commercial loans). What rates, points, fees are and what an investor can expect. Comparing points, interest rates, and fees between lenders. Learn the lender lingo; LTV (loan to value ratio). Minimum earn or prepayment penalties on loans. Valuating the property, and necessity of an appraisal. Reimbursing work upon completion with draws. Accounting for holding time while selling the property. Minimum requirements when being the lender yourself.
Read MoreMark Abramovich, the founder of the MIRS Group and a partner at Idoni Management, is an entrepreneur with a strong background in engineering and industrial development. Over the years, Mark decided to transition into real estate investing, focusing on solving problems for real estate investors through the lending industry. Listen now to learn more about Mark’s journey into real estate, how his background in engineering played into real estate investing, and how he is helping investors do more deals today!
Read MoreThe Unstoppable REI Podcast with Rayana Starre and Mark Abramovich. In this episode, Mark’s journey in Real Estate, and suggestions.
Read MoreOn this episode of Flipside-Up Mark Abramovich has a Q and A about Networking and Raising Capital. Tips on lending, hard money questions, how to vet opportunities, and more.
Read MoreOn this episode of Flipside-Up Mark Abramovich speaks about Networking and Raising Capital. His path to real estate, lending, networking, and raising capital.
Read MoreA Conversation About the Economy, Lending and the Real Estate Industry
REI INK sat down with Mark to get his thoughts on the current state of the economy and the real estate investment and lending industries, specifically.
Read MoreWelcome to The Value Add Real Estate Show! Join Brendan as he sits down with Mark Abramovich. He dives into the basics of lending, alternative financing options, and the evolution of his debt fund.
Read MoreLessons from a Lender. Mark Abramovich on the show teaching us all about lending from the perspective of a lender. Mark is a hard money lender and direct lender and breaks down exactly what he looks for in a deal to lend on. He also shares how to protect your funds if you decide to become a private money lender and act at the bank.
Read MoreIn this episode, we will be discussing the power of multifamily properties in securing your financial future and retirement.
Read MoreReady to level up your real estate investment game? Tune in to this insightful episode of Real Estate Growth and Management, where we delve deep into the process of analyzing multifamily and single-family real estate deals. Discover the crucial factors to consider when evaluating potential investment opportunities, and learn how to make informed decisions that maximize returns and minimize risk.
Read MoreValuable tips on securing the best loans, and unveils the factors that can make or break your rental property financing journey. Whether you're a first-time investor or a savvy property mogul, this interview will help you navigate the complex world of real estate lending with confidence.
Read MoreA deep dive into agents working with investors, and the benefits to both. Increasing income by having more opportunities with the same leads agents have already coming in. Collecting double, and possibly triple, commissions. Being a center of influence and referring all the real estate related services.
Read MoreWhen analyzing a project, how does it sound? Literally, if you were to describe what you were doing, out loud, how does it sound? Trust your intuition, and your ears, if it sounds wrong it probably is.
Read MoreJoin Mark "The Lender" Abramovich and professional real estate investor, wholesaler, speaker Joe Moennig for a deep, deep, DEEP dive into the subject of money for investments. We talk about raising capital, and how to present investing opportunities to potential investors. Syndications, and the difference between securities and partnerships. Deal structures, and investor participation. How to pay out project profits, and flow income through to investors.
Read MoreA list of basic loan documents necessary for a Fix and Flip loan. This is a typical doc list, and will be requested by most lenders.
Read MoreDeal analysis is vital to a project's success. How does a lender analyze a project, what techniques do they use, and how can an investor utilize them to improve their success?
Read MoreHave you ever thought about Lending, and want to avoid mistakes? Do you want to know why Lenders do what they do when you are borrowing? What can you do to Analyze a project better, and make sure it is Profitable?
Read MoreWhen investing in rental properties, or researching an area for a renovation project, consider the local area's crime. Trulia.com offers a local area's crime map, with dates and specific offenses.
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