Best Of: PLP-001 Mindset & Lending Criteria with Steven Kaufman
Steven Kaufman – Finance Enthusiast
WHAT YOU’LL LEARN ON EPISODE 001:
CIAE =
Credit
Income
Assets
Equity
LTV = Loan to value
Steven’s prediction for the start of the next correction or recession and how his lending criteria will change
Companies that are not making money are trading as if they do
The Ben Franklin Close
[35:25] -80/20 Principle – 10% marketing, 10% underwriting
[36:00] – Use fear as a guide not a roadblock
“can I go get the resources I need to be successful in this?”
About the author, Keith Baker
My ultimate goal is to create an economy for Real Estate (and other) Investors where banks are no longer needed. An economy where every day people look to each other for leverage and support. During the day I am an insurance adjuster for the oil field, where I handle millions of dollars of other people's money (OPM), and by night I invest in Real Estate and host this podcast. I hope you have an excellent experience and find real value within this website and the Private Lender Podcast. Please leave comments or submit your questions on the Contact Page.
I wish you prosperous, safe and happy lending and investing!
Thanks for listening
-k