Saurabh Shah has extensive experience in real estate transaction structuring. He is the co-founder of InstaLend, a lender for real estate loans providing fast and convenient capital to real estate investors.
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Guest Resource
InstaLend – Grow Your Real Estate Business! InstaLend is your private lending partner.
3 Value Bombs
1) You do not have to have a perfect product to start your journey.
2) A common mistake is that most investors are under-budgeted for the rehabilitation of their property. You must always have a contingency fund – at least 10% of your rehab budget.
3) InstaLend’s goal is to make sure your access to real estate investments is democratized.
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Show Notes
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: How Saurabh Shah is Empowering Private Real Estate Loans For Investment Properties
[1:37] – Saurabh shares something he believes about becoming successful that most people disagree with.
- He believes that you do not have to have a perfect product to start your journey.
[2:22] – What is the origin story of InstaLend?
- InstaLend is a private lender for real estate investments.
- They are your one-stop-shop across the US for real estate investments.
[3:32] – Which states do you lend in?
- They are nationwide except in North and South Dakota.
[4:00] – What loan programs do you offer, and how can Fire Nation benefit from your programs?
- InstaLend finances for you and helps you acquire foreclosed, in an auction, or distressed properties and convert them into something profitable.
- Fix and Flip Loan – A short-term loan can finance up to 90% of your purchase and 100% of your rehab on a short-term 12-month loan.
- Single-Family Rental Loans, Multi-Family Bridge Loans, and Multi-Family Term Loans (Sorry! This link was active when this episode was first published in 2022. This site is no longer available.)
[5:59] – Saurabh shares the success stories of InstaLend.
- InstaLend helped with proof of funds for purchase qualification.
- InstaLend helped provide funds for the rehabilitation of the purchased property.
[9:48] – A timeout to thank our sponsors, HubSpot, Clay Clark, and LinkedIn Advertising!
[12:28] – Saurabh talks about the mistakes people make when it comes to loans.
- A common mistake is most investors are under-budgeted for the rehabilitation of their property. You must always have a contingency fund – at least 10% of your rehab budget.
- The investors’ exit strategy, most come back for re-financing.
[14:50]- What documents do you request when underwriting a loan?
- Purchase Contract
- Rehab Budget
[15:44] – Saurabh’s parting piece of guidance.
- InstaLend’s goal is to make sure your access to real estate investments is democratized.
- InstaLend – Grow Your Real Estate Business! InstaLend is your private lending partner.
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