The difference between banks and private lenders are these. For regulation as it relates to banks, regulation is very high and as it relates to private lenders it’s low. I don’t have a crystal ball and I’m probably going to regret saying this, but I don’t an cipate or foresee much regula on in the private money mortgage market any me soon other than the licensing requirements which we’re already seeing.

The reason for this is the Federal Government knows that with the mandates against banks through FDIC and all the other hoops they have to jump through, about 50 percent of the proper es in the country will never qualify for conventional financing. There has always been and I believe there always will be a place for private money.

I don’t have a crystal ball and I’m probably going to regret saying this, but I don’t anticipate or foresee much regulation on in the private money mortgage market anytime soon other than the licensing requirements which we’re already seeing. The reason for this is the Federal Government knows that with the mandates against banks through FDIC and all the other hoops they have to jump through, about 50 percent of the properties in the country will never qualify for conventional financing. There has always been and I believe there always will be a place for private money.

I can tell you that through the recessionary downturns and the tumultuous market, there has never been a situation where I was not lending. That’s the kind of industry that I can really get behind. Even though there’s volatility, there’s always opportunity. That’s why I love real estate and mortgage and debt finance. Hopefully you are here watching and reading this because you love real estate and mortgage debt nance too. You may not understand or you haven’t participated in the mortgage or debt finance side yet as a lender, but as we’ve discussed, that’s what we want to groom you to be eventually: a lender.

Lee A. Arnold

CEO

The Lee Arnold System of Real Estate Investing

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