Jean has worked with real estate investment properties in Arizona since 2002 and has been involved in hundreds of transactions, and has financed over $50 million in private money loans. As an investor, Jean has fixed and flipped many homes himself and owned and managed rental properties. He brings that perspective to the table as a lender and knows from experience what investors want and need in terms of smooth access to capital for their transactions. On this episode of the Kingdom REI podcast, Jean shares his journey with me and my co-host, Nick Stromwall, and talked about how he started from from ministry work to real estate investing, explaining that he initially started with fix and flips and lease options before transitioning into hard money lending. He further explained the benefits of hard money lending, highlighting the ability to secure loans with real estate and the potential for consistent monthly income. Jean also emphasized the importance of thoroughly vetting borrowers and properties to mitigate risks which includes running credit and criminal background checks on borrowers, checking property values and loan-to-value ratios, and verifying the borrower's experience and connections. This is a really jampacked episode you can't afford to miss!
00:00 - Introduction
03:00 - Jean's Boat Accident
09:00 - KlinkLoans Fund
17:00 - Vetting Process and Red Flags
22:00 - Investing in KlinkLoans
26:00 - Conclusion
Make sure to follow Jean via his website at https://klinkloans.com/
Are you ready to break into commercial real estate investing? Are you looking for a christian community of peers and mentors to help you move quickly while avoiding expensive mistakes? If so, apply to be part of the Kingdom REI Mastermind!