One is a story. Two is a method.
I placed roughly $45 million in debt financing in eighteen months for an industrial real estate company — assembling the packages, sitting in front of credit committees, watching which deals got approved and which ones died.
You learn what a lender actually wants when you watch them say no a hundred times. That is where everything on this site comes from. I did not learn it from a course. I learned it from the other side of the table.
The first time I ran it backwards — tenant first, lease signed, then buy — the bank stopped underwriting me and started underwriting the lease. That changed everything. Today the portfolio is roughly $8.9 million, and it started from a $100,000 line of credit against my house.
The one I write about most is the building I bought without an environmental report. It cost me $12,000 that a $1,500 Phase I would have caught in week one. It is in here because you should not have to pay for that lesson too.
I gave the method away on a Facebook Live and people asked to pay me for the paperwork. So I built it properly.
I am a Christian, and it shapes how I do this more than what I say about it. Mostly it means I would rather tell you a deal is bad than take your money.
I am not an attorney, an accountant, a financial adviser or a real estate broker. I hold a New York property and casualty insurance license and own an agency, and I am not acting as a producer in connection with this product. Everything here is my opinion and educational material.