Aaron Pfeffer - Business Broker

Today was one of those awesome days! Travel back to January with me for a moment if you would...

Besides bulking up my own lending pipelines this year (in what was clearly a liquidity crisis in the making), I made it my mission to launch a program imbibing my nearly 15 years experience in the private lending space unto other mortgage professionals who understand that scaling a private money pipeline is the ONLY way forward in this business now. To accomplish this...

It was a monumental daily effort to create the course and corresponding materials and marketing campaigns. One that could easily have taken half a year, if not more, to do correctly. I swore I would do it in 8 weeks, cause, well, that's just me. Running my own loan pipelines and raising three young kids at the same time be damned! Eight weeks later...

Okay, so it took nine weeks. But I soft launched the last week of March, and then hard launched the first week of April. And now, just a month later, we are off and running.

The pic you see below are some extremely smart mortgage professionals who joined the program and are now VERY QUICKLY pivoting into scaling their private money pipelines in the 30 day timeframe I promised them. That pic is from today's weekly Wednesday Mastermind, which is just one component of the program. So...

If you're reading this, and you're a Mortgage Professional wondering what move to make next now that QM and Non QM pipelines are in serious trouble and ain't coming back, visit this website and book a call with me....

www.thelendingluminary.com

I'm real, and so is what I'm eager to share with you.

I can't be an ivory tower paper pusher every day of the month, right? Every once in a while you have to get out of the office and see some good real estate -- and even better -- some good people.

Another stunner from of and a hell of an open house (and turnout!) for and

I've had the privilege of funding a number of Rob's development projects in the past (though not this one), and he has really become a tremendous developer all throughout Los Angeles. Proud to be a big part of his journey, just as he and Andrew have both been a big part of mine!

Attended day two of the Family Office Investment Symposium put on by . As a broker often sourcing private lending capital from high net worth individuals and family offices, it's a perfect event to network and source the crowd.

The four gentlemen you see pictured on stage? Three of the biggest titans in the institutional private money space being interviewed by a high power attorney.

Biggest takeaways from the event?

1. The liquidity crunch is officially here and won't be easing any time soon
2. The commercial real estate market is not only in trouble but on the precipice of a large financial cliff (less so Multifamily, more so Office Space)
3. The economy is still expanding but at a largely decelerated rate
4. The ultimate expectation is shallow recession by year's end, but to prepare for a prolonged downturn
5. The S&P is not done kicking off returns

Always a good time getting to hang with long time family friend as well, a long time Lido advisor.

Will absolutely be going back next year! Hopefully for the full two days. Sadly couldn't stick around to see speak last night, but, well, dad duty calls.

&P500

There is incredible opportunity on a daily basis in the private money lending space now. The capacity to scale this pipeline is off the charts if you know where to look at how to take action...

# opportunity

The keys concept is that private money is meant for real estate investors, not homeowners in trouble or those who can’t close on a primary residence or second home but still want to move forward by using a bridge loan.

Private money is “business purpose” money.

Private money is meant for business purpose transactions on non owner occupied property only. And working with is an art form all itself.

One that deserves its own mantra. Your clients will respect and appreciate you more for sticking to the math, and you’ll always be better off for it as well. Stories have a place in the QM and Non QM spaces. Not so in private money. Stick to the math.

Inflation persists, jobless rate is incredibly low, Fed keeps raising rates with no end in sight…

Much more likely 30 year rate continues to climb for a bit.

Consider, if you have a 5 year ARM (adjustable rate mortgage fixed for first five years before adjusting) the most your rate can jump in one year is 2%, though it’s often only 1%.

But the entire mortgage industry as a whole can go from 3% to over 6% average 30 year interest rate in the same amount of time?

Housing prices have stabilized and even fallen is many areas since, but the main reason we haven’t seen a precipitous decline is because there is still such a shortage of housing inventory. And even though many buyers were priced out with the interest rate doubling, it’s still not enough to create a hole in the market. Especially because the money was essentially free during the pandemic at sub 3%.

But pay close attention to what has happens to private money rates, as they are back to between 9-12% with sizable fees for short term loans to real estate investors once again.

We're finally ready to launch! Calling all and fam around the country. If your QM and Non QM pipelines have been way too dry for your liking over the last six months AND you're ready to add Private Money as the most important pipeline of them all, now's the time. Click the link below...

https://www.thelendingluminary.com

The Lending Luminary Watch the video and start now