Podcast

Episode #194 – The Tech Start Up Revolutionizing Loan Sales, with Michael Jimenez, Part 1

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 deals (6:30)
  • The “Moat” strategy for out beating your competition in any market condition (13:00)

To connect with Michael Jimenez, please visit:  https://xchange.loans/

To get the latest updates directly from Dan and discuss business with other real estate investors, join the REI marketing nerds Facebook group here: https://adwordsnerds.com/group

Need help with your online marketing? Jump on a FREE strategy session with our team. We’ll dive deep into your market and help you build a custom strategy for finding motivated seller leads online. Schedule for free here: https://adwordsnerds.com/strategy

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