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b'Angelo Christian is a successful real estate lender who has come from humble beginnings to build his own company. In this episode, Angelo will share his inspiring story of hard work, perseverance, and never giving up on his dreams - even when the Great Recession hit. He\'ll also discuss how regulations and lending markets have changed since then and what investors need to know to make smart investments. Angelo will also discuss the importance of having a good team consisting of an attorney, CPA, and lender to ensure successful acquisitions.\\xa0\\n\\xa0\\nListen to Angelo\'s story of success, resilience, and determination!\\n\\xa0\\n[00:01 - 06:13] Opening Segment\\nAngelo\'s brief background and career\\nHe got into the mortgage business before the subprime crash in 2003/2004\\nThe industry was very aggressive, offering 100% financing and no documentation loans\\n\\xa0\\n[06:14 - 13:27] A Look at the Real Estate Lending Environment in Mid-2023\\nAngelo\'s company pivoted to FHA, VA, USDA, and conventional loans\\nFHA had very flexible credit requirements and allowed consumers to get loans\\nHis company focused on government lending and became experts in that space\\nToday\'s real estate lending environment is not as bad as in 2008, with different underwriting standards\\n\\xa0\\n[13:28 - 21:31] Advice for Investors on Working with a Lender and Avoiding Pitfalls\\nBanks have tightened up lending, with large haircuts to LTVs and portfolio products being mixed or sold off\\nIt is important to build a team of professionals (attorney, CPA, lender) that you trust and understand the business\\nIt is best to get a lender involved early on in the process to ensure due diligence and financing contingencies are met\\n\\xa0\\n[21:32 - 27:38] Closing Segment\\nBest investment: investing in your own company and team\\nWorst investment: trading heavily\\nThe most important lesson learned: understanding the value of your people\\n\\nQuotes:\\n\\xa0\\n"If you\'re committed to something and you want to make it happen, you can make it happen." - Angelo Christian\\n\\xa0\\n"You don\'t want to waste time working on the wrong thing. But once you figure out the path that you\'re on, you\'ve got to keep working, keep your nose to the grindstone. And that\'s how we survive." - Angelo Christian\\n\\nConnect with Angelo!\\nPhone: 832 431 6331\\nYouTube: https://www.youtube.com/@AngeloChristianMortgage\\xa0\\nWebsite: www.OfficialAngeloChristian.com\\xa0\\n\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\\n\\xa0\\nTrack your rental property\'s finances with Stessa. Go to www.escapingwallstreet.com.\\n\\xa0\\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\\n\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.'