JF3032: The Benefits of Hard Money Lending ft. Derek Dombeck

<p>Derek Dombeck is the co-owner of Best REI Funding, a private money lending company. In this episode, he shares how he reinvented himself and his business after losing everything in the Great Recession, why he’s not a fan of banks, and how working alongside borrowers as a financial partner has helped him maintain a low default rate. </p> <p><br /> <br /></p> <h2><strong>Derek Dombeck | Real Estate Background</strong></h2> <ul style="font-size: 18px;"> <li style="color: #000000;" aria-level="1"><span style= "color: #000000;">Co-owner of Best REI Funding, a private money lending company.</span></li> <li style="color: #000000;" aria-level="1"><span style= "color: #000000;">Portfolio:</span> <ul> <li style="color: #000000;" aria-level="2"><span style= "color: #000000;">Two mineral quarries</span></li> <li style="color: #000000;" aria-level="2"><span style= "color: #000000;">Several residential complexes</span></li> </ul> </li> <li style="color: #000000;" aria-level="1"><span style= "color: #000000;">Based in: Green Bay, WI</span></li> </ul> <ul style="font-size: 18px;"> <li style="color: #000000;" aria-level="1"><span style= "color: #000000;">Say hi to him at: </span></li> </ul> <ul style="font-size: 18px;"> <li style="list-style-type: none;"> <ul> <li style="color: #000000;" aria-level="2"><a style= "font-size: 11px;" href="https://bestreifunding.com/" target= "_blank" rel="noopener"><span style= "font-size: 18px;">bestreifunding.com</span></a></li> </ul> </li> </ul> <ul style="font-size: 18px;"> <li style="list-style-type: none;"> <ul> <li style="color: #000000;" aria-level="2"><a style= "font-size: 11px;" href="https://gowvoyage.com/" target="_blank" rel="noopener"><span style= "font-size: 18px;">gowvoyage.com</span></a></li> </ul> </li> </ul> <ul style="font-size: 18px;"> <li style="list-style-type: none;"> <ul style="font-size: 18px;"> <li style="color: #000000;" aria-level="2"><a style= "font-size: 11px;" href="https://reicot.com/" target="_blank" rel= "noopener"><span style= "font-size: 18px;">reicot.com</sp