Whit McCarthy on Loan Structures and Rates in Real Estate
Episode description
Whit McCarthy, one of the co-founders of The Helm, joins us on the show to chat about the world of real estate lending. We dive into topics like hard money lending, business purpose lending, and the key differences between conventional and investor loans. He breaks down how loans get originated, funded, and sold to institutional buyers, while emphasizing how crucial local expertise is in lending. We also touch on residential properties, especially one to four unit construction projects and build-to-rent opportunities. We also weigh in on the current mortgage rates, explaining that rates have improved and may continue to do so. We dig deeper into loan structures and prepayment penalties, stressing the importance of borrowers understanding the terms of their loans. Toward the end, we shift focus to The Helm, a co-working space and community for real estate pros, sharing their vision for the space and the benefits it offers to its members.
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Instagram: @whitmccarthy
https://consistentcapital.com/
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