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Full Episode Transcript
In this episode of The Deal Vault, Greg, Nate, and Sarah sit down with AJ, one of the LoanBidz account executives, who has vetted countless deals for other investors and eventually decided to start buying his own. His path in was anything but direct. AJ has a genetics background, spent five years as a crime scene investigator in Missouri, worked in a private testing lab through the height of Covid, took a brief detour into politics, and then landed in real estate lending.
AJ walks through his first three deals in order: a turnkey single family rental funded with a line of credit, a full gut rehab on the dilapidated house directly across the street from his own home, and a heavy out-of-state project in Northwest Arkansas that is currently stalled on permits. Along the way he frames the whole thing around one of Newton’s laws, explains the three types of new investors he sees on the phone every week, and shares how he got his Dave Ramsey raised wife on board with borrowing money. The recurring lesson is simple: things went wrong, and they didn’t die.
Who This Episode Is For:
• First time investors stuck in paralysis by analysis who have studied for years
• W-2 professionals wondering whether they can afford the risk with a family and a mortgage
• Investors who want to hear the real numbers on a small, unglamorous first deal
• Anyone whose spouse is hesitant about taking on debt to invest
Investors weighing their first rehab or their first out of state project
