This week on the Alternative Investing Advantage podcast, host Alex Perny welcomes the CEO of Castle Rock Capital Funding, Doug Smith, for a discussion on single family investment lending. Doug has over 30 years of banking and lending experience and a bachelor’s in accounting from Illinois Wesleyan University.
During this episode, Doug digs into single family investment lending. The conversation revolves around the benefits of buying single family homes and flipping them, as well as the potential drawbacks of using all your capital for one deal. Doug explains the risks of flips, such as rehab, straight rental, and ground-up construction. He also discusses the three Cs of credit: character, capacity, and collateral.
Learn more about single family investment lending.
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About Our Guest Doug Smith
Doug Smith has been a lender/banker for 32 years with a formal credit background from two of the largest banks in the world. He is the CEO of Castle Rock Capital Funding, a residential and commercial lender that lends to real estate investors throughout the country. He is also a nationally-known speaker and consultant on the subject of real estate investor finance.
About Our Host Alex Perny, CISP
Alex Perny is a business development specialist and host of Advanta IRA’s podcast, the Alternative Investment Advantage. He is a self-described policy geek who loves learning the rules and technical aspects of SDIRAs, employer plans, and IRS regulations.
For more than a decade, Alex has helped thousands invest in alternative assets. These include precious metals, real estate, private stock, notes, and countless others. Additionally, he has spoken to investors across the country about using retirement plans to invest outside the stock market. Alex also believes so strongly in self-direction that he invests his own IRA and HSA in real estate and private equity.