How are lending products changing to help borrowers in a high interest rate environment? We talked to local lender and investor Joe Selander about his investing journey, and why he made the move to a new company that allows him to offer a wider range of products that will help borrowers keep their low interest rates while continuing to invest.
After graduating college in ’99, Joe worked as an accountant for Arthur Anderson. He spent the next few years bent over a desk getting as many billable hours as possible and knew it wasn’t what he wanted to do long-term. When a friend offered him a job as a loan officer, he jumped at it. As he processed the loans, he realized he could also be a customer. So, he started buying one home a year as a house hacker. He house hacked throughout the Denver area until he got married and switched to traditional rental properties.
Recently, Joe left his longtime company for Edge Home Finance. By working for a non-retail loan company, he’s able to offer his clients more loan products, from commercial loans, to fix and flips, and Home Equity Lines of Credit (HELOCs). Instead of having to go to individual lenders for each loan, Joe can serve as a one-stop shop and oversee the entire process. And since he doesn’t have to pay money for a building with conference rooms and fancy accessories, he’s able to pass the savings onto his clients. With climbing interest rates, these savings give him a substantial edge over other lenders. Check out the podcast to learn more about Joe’s products and his advice for investing in a high-rate environment.
In This Episode We Covered#508: Navigating Real Estate Investments After Exiting Your Business w/ Tyler Horsley
#507: Negative Impacts of Colorado 2024 Housing Legislation
#506: Demystifying TAXES for Passive Investors Guide to Real Estate Syndications
#505: First Steps: Strategies for Dealing with Financial Matters After the Death of a Loved One
#504: How to Take a Value Add Property From Mom and Pop to Major Profits
#503: Rental Trends, New Legislation, and Strategies for Landlords | Colorado Market Update
#502: How to Cash Flow through House Hacking in 2024
#501: Real Estate Development from Concept to Reality | Deal Analysis
#500: Building Generational Wealth: How to Safeguard Your Real Estate Assets for Your Kids
#499: How this Developer’s Creative Debt Financing Strategy Helps Them Stand Out w/ Adam Fenton
#498: Should I Keep, Refi, or Sell Underperforming Rental Property at 12% ROE
#497: Top Real Estate Investing Trends in Colorado Springs & Pueblo for 2024
#496: Section 8 Beating Market Rents | Colorado Real Estate Market Updates
#495: Diversifying Your Investments in the 2024 Stock Market ft. Denver Wealth Management
#494: From Single Mother to Real Estate Broker: The Skillsets That Got Her Over $1 Billion in Sales
#493: The Start of Bidding Wars: January Colorado Real Estate Market Updates
#492: Strategic IRA Moves: Chris Lopez Shares Why He's Shifting $276k from Stocks to Real Estate
#491: 12 years in Prison to Building a Thriving Sober Living Homes Business
#490: The Strategy Behind Scaling a Company with redT’s New CEO Vincent Deorio
#489: Are Buyers Off the Sidelines -December 2023 Colorado Market Update
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast