v2.32 - When Banks Say No, Private Lenders Say Yes (ft. Ryan Hermansky)

Put 50% down on a house and every bank in America will trip over itself to write the loan. But put 50% down on a $3 million shopping center? Most banks won’t return your call.

That gap is Ryan Hermansky’s whole business. As president and co-founder of Private Money Funding, he lends where banks won’t – to tired shopping centers being turned around, land deals, owners who need to close in two weeks instead of six months, among others.

Ryan walks Dustin and Adam through both sides of the ledger: borrowers with millions of their own equity on the line (part of the reason his fund has never seen a late payment or a foreclosure) and investors funding the loans, some living entirely off the cash flow they earn.

The debt side of real estate is often considered boring. But boring usually means consistent…and as an investor, that’s exactly the point.

Episode Release Notes & Resources:

• Private Money Funding: https://privatemoneyfunding.com
• Connect with Ryan: 602-284-4888 / ryan@pmfaz.com / https://www.linkedin.com/in/ryan-hermansky-a235248
• [Big Spring Capital] Consistency-vs-volatility: https://www.bigspringcap.com/resources/dave-ramsey-12-percent-myth

Watch episode on YouTube: https://www.youtube.com/watch?v=g1WLgZZnPDw

See all Wealth Independence episodes at https://www.wealthindependencepod.com

Connect with Dustin:

• Big Spring Capital
• LinkedIn (/in/TheDustinBailey)
• Twitter/X (@TheDustinBailey)

Connect with Adam:

• Bidwell Capital
• LinkedIn (/in/AdamJPenn)

This show is for informational purposes only and is not financial, investment, legal, or tax advice, and does not constitute an offer to buy or sell securities. All investments carry risk, and investors should always conduct thorough due diligence and consult with qualified professionals before investing.