JF1222: Pivoting From Development To Private Money Lending with Bobby Montagne

<p><span style="font-weight: 400;">He has over three decades of residential property development, finance, and sales. After 2008 Bobby saw that banks were not able to lend on projects that previously had never been an issue. With capital drying up, he decided to pivot. He created Walnut Street Finance to provide capital to companies doing what he just pivoted from. Now his company is a full fledged private lender that understands the product (construction & development) better than most, which allows them to lend when a lot of others cannot.</span> <span style="font-weight: 400;">If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!</span></p> <p> </p> <p><strong>Best Ever Tweet:</strong></p> <p><span style="font-weight: 400;">“If things go south we have real collateral backing our investment” - Bobby Montagne</span></p> <p> </p> <p><strong>Bobby Montagne Real Estate Background:</strong></p> <p><span style="font-weight: 400;">- Three decades of experience in commercial and residential property development, finance, and sales</span></p> <p><span style="font-weight: 400;">- Successfully overseen $15 billion in career transactions</span></p> <p><span style="font-weight: 400;">- Among an elite class of private real estate lenders and delivered high-quality returns to partners and investors</span></p> <p><span style="font-weight: 400;">- Between 2010-’15 was principal owner of WSD Capital, a real estate development firm that renovated and resold 185 classic row houses that generated $150M in revenue</span></p> <p><span style="font-weight: 400;">- Based in Fairfax, Virginia</span></p> <p><span style="font-weight: 400;">- Say hi to him at:</span> <a href="http://www.walnutstreetfinance.com"><span style= "font-weight: 400;">www.walnutstreetfinance.com</span></a></p> <p><span style="font-weight: 400;">- Best Ever Book:Think and Grow Rich</span></p> <p><br /></p> <p><span style="font-weight: 400;">Made Possible Because of Our Best Ever Sponsors:</span><span style= "font-weight: 400;"><br /><