30 minutes | Oct 10th 2017

#58: Advice from the LARGEST fix & flip lender in the country, Steve Pollack, CEO of Anchor Loans

Anchor Loan active markets 1:10Steve’s background 2:15Trends happening in investment lending 6:26A race to the bottom 6:45Increasing leverage to extremes 7:43How Anchor Loans underwrites fix and flip loans 11:16How Steve counsels and evaluates borrowers 12:20Finding lasting business 14:05The importance of communication 14:20Recommendation to borrower - ensure certainty of funding 16:35Determining ARV on renovations 18:45Understand comps 19:50Best practices for borrowers to get funding 22:25Final advice to investors 25:40
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