From Cattle Ranch to Property Powerhouse: A Lender's Journey
Manage episode 374038236 series 2922807
In this episode of the AZREIA Show. Let’s welcome our guest Aaron Chapman. Aaron shares his background growing up on a cattle ranch and the valuable lessons he learned about hard work and success. He also discusses his journey into the lending world and his experiences working in the oil field in Wyoming. Despite cheating his way through high school, Aaron's determination and willingness to learn have propelled him to success in his career. Tune in to hear more about Aaron's story and insights into the lending industry.
03:26 Working underground in mines.
05:13 Manhandling the drill machine.
07:27 Freaky vibes underground.
09:35 Being called his partner.
12:50 Overqualified for a truck driving job.
15:48 Grocery store encounter changed life.
17:30 The recession and its impact.
21:01 The changing mortgage industry.
22:40 The origins of mortgage-backed securities.
25:36 Loosening regulations in the industry.
26:59 Real estate investment strategies.
30:45 Flipping houses and following clients.
32:28 Building a team like Chipotle.
35:06 Underwriter's role in loan process.
38:07 Leveraging banks and raising capital.
40:07 The difference with DSCR loans.
42:49 The BRRR investment strategy.
45:43 Appraising a property's value.
48:00 Infinite banking.
50:13 Paying down a loan against policy.
53:38 Generational wealth and life insurance.
55:15 Generational wealth through life insurance.
57:14 Rate and term refinancing.
01:02:28 The ugly underbelly of the world.
01:03:16 Lenders cutting rates and closing deals.
As always, thank you for your continued support and for joining us on this incredible podcasting journey and don't forget to like, comment, and share this post to spread the word about this amazing podcast episode.
Stay tuned for more exciting episodes coming your way soon!
Connect with Aaron Chapman: LinkedIn: Aaron Chapman Facebook: Aaron Chapman - SecurityNational Mortgage Company Website: https://www.aaronbchapman.com/
----
The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member’s ability to successfully invest in Real Estate.
Join AZREIA here.Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment
Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.
☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.
AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES
Educational opportunities are plentiful and delivered through AZREIA’s own education program and in collaboration with outside education providers.
🎓AZREIA’s Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.
🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.
Join the Deal Finders Club here
Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.
Discover: https://azreia.org/wholesale https://azreia.org/property-scout/ https://azreia.org/landlord/ https://azreia.org/notes/ https://azreia.org/fix-and-flip/
Join our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/
100 قسمت