E23: Why We Use Our Own Loan Programs to Buy Rentals
About this episode
In this episode, Sarah shares her journey from a stay-at-home mom to a key player in loan processing and her experiences using her company's loan programs for personal investments.
In this episode of The Deal Vault, Nate sits down with co-host Sarah for a companion piece to last week's episode with Greg, this time getting to know the person behind the company's loan processing and borrower experience. Sarah didn't come from a mortgage background at all; she was a stay-at-home mom doing part-time CrossFit coaching when she, Greg, and co-founder Damon first sat down in 2018 to build what would become LoanBidz. Sarah walks through learning the loan processing business entirely from scratch, including the imposter syndrome that came with being terrified to answer the phone in the company's early days, and how that experience shaped her philosophy on borrower communication today. She also shares what it was like using her own company's loan programs to buy rental properties for herself and, later, helping her own mortgage-industry father purchase his first investment properties using the exact systems she'd built. The conversation closes on how far she's come, from feeling like an outsider at industry events to helping build educational content for the private lending industry itself. You'll Learn How To: Build a customer-first communication style that explains…
More episodes of The Deal Vault
- E25: Why Accountability Feels Like an Attack to Your Team
- E24: The Financing Trap Hiding in 5+ Unit Deals
- E22: Why We Paused Buying Rentals This Year (And What We're Doing Instead)
- E21: What 800 Deals Taught This Lender About Borrowers
- E20: The 6 Month Rule That Trips Up Vacant Property Refinances with Dylan Massey
- E19: What a Rehab Can Teach Your Kids About Money
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