All Things Hard Money Lending with My Friend Sean Pan

Episode: 148

Sean Pan       

Join your host David Pere with guest Sean Pan as they talk about how Sean created a path before leaving his W-2 job for real estate investing. Before, Sean was an engineer. After his first job, he realized despite the safety full-time careers offer, the growth potential is limited. When he reflected on his father's satisfaction in terms of career, Sean was compelled to make risk-taking more seriously. For him, the younger you are, the more you should be taking risks.

 

Aside from touching on his introduction to investing, Sean also shares how he got into doing podcasts. As a real estate investor, he acknowledges the challenges common to real estate and podcasting and briefs about why podcasters shouldn't just stay within the mainstream platforms for podcasting.

 

In this episode, Sean and David tackle limiting beliefs, hard money loans, entry-level investments that gained big, and the indisputable relevance of networking to every beginner in investing. They also discuss deep what seems to be the answer to every investor's problem in general. The two agree that doing your first deal will always be more important than making sure your first deal is perfect.

 

About Sean Pan:

 

Sean is a real estate investor and hard money lender based in the San Francisco Bay Area and invests in single-family renovations as well as out-of-state investments in Jacksonville, Florida.

 

He is the host of "The Everything Real Estate Investing Show," where he interviews top investors and professionals (agents, architects, contractors, and inspectors) to shed light on what they do and how to help investors succeed in the industry.

 

Sean hosts local meetups in the South Bay, produces real estate-related videos, and consistently reports on local real estate news.

 

Sean focuses his time on providing value and guidance to newer investors to give them a boost in their real estate investing journeys.

 

Outline of the episode:

 

• [03:23] Sean Pan: An engineer who needed to find a way out.
• [06:02] How did Sean exit full-time work?
• [09:49] You can start REI with networking.
• [12:50] What's one way to crash your imposter syndrome?
• [14:57] The story behind how Sean scaled to multifamily and ended up with a hefty profit.
• [19:36] A podcast's power in working a broader reach.
• [22:55] Graham Stephan told me something…
• [26:28] What is a hard money loan?
• [34:07] What kind of due diligence do you look for in a hard money loan?
• [42:18] The answer to almost every investor's problem is…

Resources:

 

Website:              https://everythingrei.com/

Instagram:          https://www.instagram.com/im_seanpan/?hl=en

YouTube:             https://www.youtube.com/seanpaninvests

Tiktok:                  https://www.tiktok.com/@im_seanpan?lang=en

 

Check out Sean's Podcast, Everything Real Estate Investing Show with Sean Pan:

https://podcasts.apple.com/us/podcast/everything-real-estate-investing-show-with-sean-pan/id1437898064

 

Get 20% OFF with Code: "Military" in Your Step-By-Step Course for Acquiring Your First Out-of-State, Cash-Flowing Rental Property:

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The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors), Book by Ken McElroy:

https://www.amazon.com/ABCs-Real-Estate-Investing-Investors/dp/1937832031

 

Follow The Military Millionaire Podcast's journey on:

 

Website:              https://www.frommilitarytomillionaire.com/

YouTube:             https://www.youtube.com/c/Frommilitarytomillionaire/

Facebook:           https://www.facebook.com/groups/1735593999901619/

Instagram:          https://www.instagram.com/frommilitarytomillionaire/

 

Grab your book copy of The No B.S. Guide to Military Life - How to Build Wealth, Get Promoted, and Achieve Greatness by David Pere:

https://www.amazon.com/B-S-Guide-Military-Life-greatness/dp/1736753010

 

Propstream: https://www.frommilitarytomillionaire.com/propstream

Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei

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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!

THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.