43 min
Nation's Largest Lender $7.7 Billion in Fix and Flip Financing - Steve Pollack Episode #66 Real Estate Experiment
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- Investing
GUEST BIO
Steve Pollack is the President and Chief Executive Officer of Anchor Loans, the nation’s premiere fix and flip lender providing more than $7.7 billion of capital to investors.
Steve’s core values stem from building relationships bigger than lending; their goal is to build long term partnerships and they’ve done just that. Over 85% of their customers are repeat borrowers because of their speed, efficiency, expertise, flexibility and customer service that comes with investing with Anchor financing.
THE REAL ESTATE FOUNDATION
01:39 Guest Background
05:07 How Anchor Loans started?
06:37 What offers do you have to the investors?
10:27 Qualifications to be a part of Loan Anchor
13:44 Managing the downsides of the Business
17:42 Understanding Construction Loan
21:34 Construction Loan process
23:03 How Anchor Loans operates
KEEPING IT REAL
25:26 Biggest misconception about investors have, when working with lenders?
26:30 Biggest mistakes investors make in real estate
27:48 Best advice received and willing to share to the community
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
29:32 Favorite book - Man Search for Meaning by Viktor Frankl
30:08 Daily habits that serves best -Time Management
31:45 One 300 unit apartment building or 3 apartments of 100 units - 3 apartments of 100 units
32:32 Self Manage or Outsource - Outsource
32:56 If you have one superpower in your business, what would it be? - Time Travel
33:59 Describe a successful investor in one word - Discipline
BOOKS MENTIONED IN THIS SHOW
Man Search for Meaning by Viktor Frankl
NOTABLE QUOTES (KEY LESSONS):
“Believe in Yourself”
Connecting with The Guest
Instagram, Facebook, LinkedIn , Twitter
Website: anchorloans.com
#ExperimentLoans #ExperimentAnchorLoans
GUEST BIO
Steve Pollack is the President and Chief Executive Officer of Anchor Loans, the nation’s premiere fix and flip lender providing more than $7.7 billion of capital to investors.
Steve’s core values stem from building relationships bigger than lending; their goal is to build long term partnerships and they’ve done just that. Over 85% of their customers are repeat borrowers because of their speed, efficiency, expertise, flexibility and customer service that comes with investing with Anchor financing.
THE REAL ESTATE FOUNDATION
01:39 Guest Background
05:07 How Anchor Loans started?
06:37 What offers do you have to the investors?
10:27 Qualifications to be a part of Loan Anchor
13:44 Managing the downsides of the Business
17:42 Understanding Construction Loan
21:34 Construction Loan process
23:03 How Anchor Loans operates
KEEPING IT REAL
25:26 Biggest misconception about investors have, when working with lenders?
26:30 Biggest mistakes investors make in real estate
27:48 Best advice received and willing to share to the community
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
29:32 Favorite book - Man Search for Meaning by Viktor Frankl
30:08 Daily habits that serves best -Time Management
31:45 One 300 unit apartment building or 3 apartments of 100 units - 3 apartments of 100 units
32:32 Self Manage or Outsource - Outsource
32:56 If you have one superpower in your business, what would it be? - Time Travel
33:59 Describe a successful investor in one word - Discipline
BOOKS MENTIONED IN THIS SHOW
Man Search for Meaning by Viktor Frankl
NOTABLE QUOTES (KEY LESSONS):
“Believe in Yourself”
Connecting with The Guest
Instagram, Facebook, LinkedIn , Twitter
Website: anchorloans.com
#ExperimentLoans #ExperimentAnchorLoans
43 min