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

Robinson, Chad

Softcover

ISBN 10: 1778044204 ISBN 13: 9781778044205

Publisher: IQ Lend Inc., 2022

Synopsis

You aren’t stuck trading stocks or renting property to build wealth. Stocks can be so volatile, and the landlord life can be full of stress and tenant trouble.

There is an option for growing your wealth that offers a simple and stable strategy! Take control of your investment portfolio with the untapped potential of real estate private mortgage lending.

Earn predictable double-digit returns on your investments without relying on the whims of the financial markets with the blueprint in Becoming the Bank. Align Mortgage Corporation president Chad Robinson shares the steps to gain the same control, flexibility, and freedom the big banks enjoy as lenders. Full of straightforward advice for beginner investors, this is your guide to ditching the traditional restraints of investment growth with a satisfying private lending career.

You’re about to discover

• Private lending basics, like mortgage options, credit score ratings, and appraisal tips.
• How to hit the broker bull’s-eye with the right loan-to-value ratio and interest rate.
• The 5 C’s of private lending for structuring your optimal mortgage loan with the best borrowers for maximum return.
• Self-directed RRSP accounts, the preferred financing option.
• Strategies for default management and protection if your borrowers can’t pay you back.

You work hard for your money—your money should work just as hard for you! Get Becoming the Bank and reap higher investment returns with the opportunity of private lending—on your terms.

About this title

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.

Edition details

• Publisher: IQ Lend Inc.
• Publication date: 2022
• Language: English
• ISBN 10: 1778044204
• ISBN 13: 9781778044205
• Binding: Paperback
• Number of pages: 182