38: Non-Traditional Lending with Builders Capital
04/03/24 • 27 min
Thank you to our sponosor inspectify.com
Summary
In this episode, Jeff Utecht interviews Jeff Bumgardner from Builder's Capital. They discuss Jeff's background in real estate and his experience flipping houses in Seattle. They then dive into an overview of Builder's Capital and their approach to construction financing. Jeff shares some unique challenges and opportunities for real estate investors, including the importance of zoning changes and entitlements. They also discuss the financing options and terms offered by Builder's Capital. The episode concludes with contact information for Builder's Capital and a reminder of the value their loan product provides to real estate investors.
Chapters
00:00 Introduction and Background 02:58 Flipping Houses in Seattle 06:06 Overview of Builder's Capital 11:00 Challenges and Opportunities for Real Estate Investors 22:55 Contact Information and Conclusion
About Jeff Bumgardner
Studied city planning in grad school back east, did highrise multifamily development, moved to seattle to work on Citybldr tech, did some house flips and wholesaling, work for Builders Capital putting together construction financing for residential builders and developers.
Thank you to our sponosor inspectify.com
Summary
In this episode, Jeff Utecht interviews Jeff Bumgardner from Builder's Capital. They discuss Jeff's background in real estate and his experience flipping houses in Seattle. They then dive into an overview of Builder's Capital and their approach to construction financing. Jeff shares some unique challenges and opportunities for real estate investors, including the importance of zoning changes and entitlements. They also discuss the financing options and terms offered by Builder's Capital. The episode concludes with contact information for Builder's Capital and a reminder of the value their loan product provides to real estate investors.
Chapters
00:00 Introduction and Background 02:58 Flipping Houses in Seattle 06:06 Overview of Builder's Capital 11:00 Challenges and Opportunities for Real Estate Investors 22:55 Contact Information and Conclusion
About Jeff Bumgardner
Studied city planning in grad school back east, did highrise multifamily development, moved to seattle to work on Citybldr tech, did some house flips and wholesaling, work for Builders Capital putting together construction financing for residential builders and developers.
Previous Episode
37: The Evolving Landscape: Trends and Trials in Property Management and Acquisition
Episode Sponsor: https://www.inspectify.com/ Summary In this conversation, Eric Magnuson shares his journey in the real estate industry, from property management to acquisitions. He discusses the challenges he faced in the acquisition market and the potential market opportunities that may arise in the future. Eric emphasizes the importance of building relationships and offers advice for newcomers in the market. He also provides insights into the trends in property management, including slowing rent growth and rising vacancies. Eric concludes by sharing his contact information for those interested in reaching out to him. Takeaways
- Building relationships is crucial in the real estate industry, as it can lead to opportunities and deals.
- The acquisition market can be challenging, with stricter bank requirements and limited opportunities.
- Property management plays a vital role in protecting income streams and adapting to market trends.
- Slowing rent growth and rising vacancies are trends observed in the rental market.
- Effective underwriting and management are key to success in the real estate industry.
Next Episode
39: The Importance of Marketing and Sales in Wholesaling
Thank you to inspectify.com for sponsoring this episode
Summary
Victor Rybachuk shares his journey into real estate wholesaling and how he built his business, I Will Buy House. He started in nursing but found his passion in real estate. He explains that wholesaling is about marketing and sales, not investing, and emphasizes the importance of standardizing and optimizing before scaling. Victor discusses his marketing channels, including Google PPC and SEO, and the importance of building a large buyers list. He also talks about the future of wholesaling and the potential for disruption in the industry.
Takeaways
- Wholesaling is about marketing and sales, not investing.
- Standardize and optimize before scaling your business.
- Building a large buyers list is crucial for success in wholesaling.
- Innovation and disruption are on the horizon for the wholesaling industry.
- There is a massive under supply of inventory in the market, creating opportunities for wholesalers.
Chapters
00:00 Introduction and Victor's Journey into Wholesaling 07:24 Standardize and Optimize Before Scaling Your Wholesaling Business 16:22 The Future of Wholesaling: Innovation and Disruption
Contact Viktor Instagram: Viktorglg Facebook: viktor.rybachuk www.iwillbuyhouse.com
WSREIP: Your Gateway to Real Estate Success in Washington State - 38: Non-Traditional Lending with Builders Capital
Transcript
That's pretty awesome. That's pretty awesome. All right. All right. We're recording. Here we go. That's pretty cool. We can talk about that afterwards. I want to hear more about that. So here we go. All right. Welcome back to the Washington State real estate investing podcast. I'm excited today to be joined by Jeff from Builders Capital. Maybe we'll get into this in the podcast itself, but full disclosure, my wife and I are filling out paperwork to get a loan product
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