Becoming the Bank: The Simple Lending Process that Creates Passive Income for Everyday People

Becoming the Bank: The Simple Lending Process that Creates Passive Income for Everyday People

by Chad Robinson
Becoming the Bank: The Simple Lending Process that Creates Passive Income for Everyday People

Becoming the Bank: The Simple Lending Process that Creates Passive Income for Everyday People

by Chad Robinson

Paperback

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Overview

You aren't stuck trading volatile stocks or renting property to troublesome tenants to build wealth. A simple, stable strategy is possible!

Earn predictable double-digit on your investments-without relying on the whims of the financial markets-through private mortgage lending. Full of straightforward advice for beginner investors, this is your guide to ditching traditional investing for a profitable pursuit that gives you the same control, flexibility, and freedom as big banks.

You'll discover

  • Private lending basics, like mortgage options and appraisal tips.
  • How to hit the broker bull's-eye with the right loan-to-value ratio.
  • The 5 C's of private lending for structuring your optimal loan.
  • Self-directed RRSP accounts, the preferred financing option.
  • Strategies for default management and protection.
  • You work hard for your money-your money should work just as hard for you! Take control of your investment portfolio and reap higher returns with the private lending strategies in Becoming the Bank.



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    Product Details

    ISBN-13: 9781778044205
    Publisher: IQ Lend Inc.
    Publication date: 05/24/2022
    Pages: 182
    Product dimensions: 6.00(w) x 9.00(h) x 0.39(d)

    About the Author

    Chad Robinson is the president of Align Mortgage Corporation and IQ Lend Inc. A fully licensed mortgage and real estate broker with 25 years of experience, he has particular expertise in commercial development, with several prominent construction projects under his belt and more ongoing in the Ottawa area. Chad also offers his sound advice and professional expertise as a consultant to other private lenders and developers. He hosts The Practical Broker podcast. Learn more at becomingthebankbook.ca.

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