Episode Details
Back to EpisodesEP 622 - Leveraging Bank Lines Of Credit For Higher Returns With Merrill Chandler From Get Fundable
Episode 622
Published 5 years, 5 months ago
Description
With all the crazy things happening right now, it is not anymore a surprise to find ourselves in a massive financial institution pivot. Yet, not many people are catching on. In this episode, Scott Carson is joined by our regular credit Messiah, Merrill Chandler from Get Fundable, to talk about how to leverage bank lines of credit for higher returns. Merrill shares how banks are working to offset their bad loans by adding new lines of credit and approving business loans for clients who are responsible lenders. They also discuss why FHA loans have higher default rates and why the banks get upset when commercial loans go above 70% LTV.
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