
Matt Strong discusses the intricacies of lending money for house flips and how to mitigate risks involved.
Have you ever wondered what actually happens when you lend money for real estate flips? In this episode, Russ and Joey sit down with Matt Strong from Sierra West Funding to talk about the ins and outs of lending money on house flips. Matt shares his approach to mitigating risk and ensuring that his investors’ money is safe. He explores the three factors to successful private lending and the consequences of chasing higher returns. Matt also highlights how experience in flipping properties helps him evaluate the true value of a deal and the borrower’s ability to execute. With over 1,600 deals under his belt, Matt provides a wealth of knowledge on how to manage both successful and troubled deals. Whether you're considering becoming a private lender or just curious about it, this episode gives a clear picture of how the process works. Top three things you will learn: -How to minimize risk and protect your investment when lending money on house flips -How to evaluate a good deal -What to do when things go wrong About Our Guest: Matt Strong is the owner of Sierra West Funding, which provides quick funding for short-term real estate projects, typically fix-and-flip or other…
Hosts: Russ Morgan, Joey Muré
Guest: Matt Strong
Organizations: Sierra West Funding
Explore listener stats, chart rankings, contacts and more on the The Wealth Without Wall Street Podcast podcast page.