interview with Roger Becker, Street smart success
Make High Returns In Real Estate Without Day-To-Day Management with Bill Bymel
ABOUT THE EPISODE
In this engaging conversation, our guest, Bill Bymel, CEO and fund manager of First Lien Capital, reveals a secret to wealth building in the real estate arena that doesn’t require you to be a direct hands-on operator to yield substantial returns on your money.
In this episode, we explored a financial strategy that’s as intriguing as it is unconventional – investing in the secondary mortgage market, a less conventional but lucrative approach where opportunities abound for savvy investors.
First Lien Capital specializes in investing in pools of predominantly non-performing single-family notes at discounted prices. What makes this approach particularly appealing is its conservative loan-to-value ratio of 60%, which helps mitigate risks.
But here’s where the magic happens: First Lien Capital boasts ownership of over 700 mortgages valued at a staggering sum exceeding $100 million. What do they do with this impressive portfolio? They don’t just sit on it; they proactively work to transform these non-performing loans into high-performing assets.
Their approach involves helping borrowers regain their financial footing, steering those once-ailing mortgages back into performing status. Once these loans are back on track, they’re not hoarded; they’re strategically resold to other investors, creating a win-win scenario for all parties involved.
This podcast conversation with Bill Bymel was truly eye-opening, showcasing how innovation, strategy, and a keen eye for opportunity can turn the real estate game on its head. It’s a fantastic example of how financial innovation can yield impressive results, even if it’s a bit different from what you might expect.
If you’d like more information or are an accredited investor interested in investing with First Lien Capital LP please connect with Bill at bill@firstliencapital.com or go to firstliencapital.com and press the INVEST button to be contacted by their team.