Episode

721

What Actually Happens When You Lend Money on House Flips with Matt Strong

What's this episode all about?

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.

Top 3 Things
You’ll Learn

  1. How to minimize risk and protect your investment when lending money on house flips
  2. How to evaluate a good deal
  3. What to do when things go wrong

About

Matt Strong

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 single-family investments. He got his start in real estate in 2004 by actively buying and selling his own properties and has purchased and resold over 425 single-family homes in Utah. Matt is also an active buy-and-hold investor, real estate broker, and loan officer.

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