I became a mortgage broker for one simple reason.
I wanted INSTANT ACCESS to all the money I need to buy and improve property, make it income-producing, and then cash out with long term financing and add it to my portfolio, or flip it to an investor for a big profit, and manage the property for a fee.
Having instant access to that kind of funding is smart. Anything else hard. Slow. And painstaking.
To reach that goal, I needed to know everything about the lending business. So, I took the best part of a year off, and learned. How I learned is not important. But what I learned is.
For example…
Banks have historically low loan approval rates. Post Covid approval rates are down to a low 13.1.% from the only 28.2% pre-Covid approval rate.
Banks are limited in the kind of loans they can make. They have stringent lending requirements that often require excellent credit, additional collateral, and a personal guarantee.
So, unless you’re already rich, and don’t mind hocking your fortune as collateral and giving a personal guarantee, a bank is not the best lender for portfolio building.
The most important thing I learned is…
For every need, from acquisition and development to cash-out refi and long-term financing…
And for every type of project, from residential single family to multi units and apartments…
And for every commercial project, from office buildings and strip centers to RV parks, self-storage warehouses and so on…
There are both private and institutional lenders who specialize in funding those kinds of projects. They are easy to deal with if you know how. And they can make your life easier and help you build your portfolio fast. YOU ARE WHO THEY ARE LOOKING FOR.
And when you work with me, you have INSTANT ACCESS to those funding sources.
I am the doorway to the unlimited capital you need to add one property after another to your portfolio. Now, you can scale at the speed you choose.
You don’t need to spend a year trying to figure out who these sources are or how to deal with them.
I know the lenders. And they know me. I know what they want. And they know I bring projects that meet their requirements. And that’s why they look forward to hearing from me.
With me preparing your loan proposal, you don’t need a rich uncle who is oh so happy to take half your profit. And you won’t waste time trying to figure out how to package and present your deal.
Technically I am a loan broker.
Functionally, I am a seasoned professional investor with a growing portfolio of income producing properties. And more importantly for you, I am an expert at matching lenders who specialize in real estate, with investors who need money to close deals and build their portfolios.
And that makes me the guy who can help get your deal done fast and on favorable terms.
Bottom line…
Whether a balloon note is coming due, and you need a refi loan or you need money for acquisition, build out, development, or anything related to real estate… I can help.
My lenders have flexibility, and a wide range of options banks simply don’t have.
Whatever you want to accomplish, if it involves real estate, there’s a good chance I can get the funding you need, at a good rate, with favorable terms. And that brings us full circle.
If you have a note coming due on any type of COMMERCIAL property, including an office building, strip center, warehouse, RV park, or any other type of commercial property, I can help.
If you have a note coming due on any type of income-producing RESIDENTIAL property, including multi-unit housing, apartments, fix-and-flip, or fix-and-hold homes, and so on, even if your credit is less than perfect and you need extra cash for improvements, I can help.
If you want to buy more income producing property or acquire property you rehab and convert into an income producing asset, odds are near 100%, I can help.
And if you have none of these needs at the moment, but like the idea of having a direct conduit to deep-pocket lenders looking for exactly the kind of projects you want to do, we should talk.
The best way to connect is to just pick up the phone and call.
If you need financing now, so be it. We’ll talk about that. If you don’t need funding right away, we can talk about your plans going forward, and how, through my funding connections, I may be able to put your portfolio-building progress on fast-forward.
Either way, it will be a pleasure to hear from you.
I am happy to answer questions and help anyway I can.
Sincerely and all the best,
Terence Young
PS – They say the best time to plant a tree is 20 years ago. The second-best time is today. With that in mind, I encourage you to pick up the phone and give me a call. You have nothing to lose. Everything to gain. And the worst possible outcome is, you will have a great contact who can make good things happen, whenever the time is right for you.
