{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Infinite Banking Daily","title":"Episode 263: How to Evaluate Deals Like a Banker","html":"","width":"100%","height":180,"duration":208,"description":"Discover how to evaluate deals like a banker—the systematic process that protects capital and removes emotion from private lending decisions—because when you're using your family bank to lend you need to think like the institution you've replaced. Banks don't get emotional about deals, they don't lend based on relationships or stories, they have systematic process that protects their capital, if you're going to lend privately you need the same discipline. Banker's evaluation framework has five critical questions: First, what's the collateral worth today, not what borrower says it's worth not what it might be worth after improvements, what would it sell for today as-is in normal market, get independent appraisal that's your starting point. Second, what's my loan-to-value ratio, take your loan amount divide it by current market value, if you're lending three hundred thousand on property worth five hundred thousand that's sixty percent LTV, anything above sixty-five percent you're taking on more risk, anything above seventy-five percent walk away. Third, what's my lien position, am I first in line or is there existing debt ahead of me, if there's two hundred thousand dollar first mortgage and you're lending another two hundred thousand you're in second position, that's not banker's deal first lien only. Fourth, what's the exit strategy, how does this loan get repaid, banks don't lend hoping borrower figures it out they lend knowing exactly how they're getting repaid, sale refinance or cash flow specific timeline backup plan, if borrower can't articulate this clearly deal fails. Fifth, what's my downside protection, if everything goes wrong borrower defaults market drops twenty percent property sits vacant six months can I still recover my principal, if answer is no deal doesn't meet banker standards.\nWhat You'll Learn:\nThink Like the Institution You Replaced – When you're using your family bank to lend you need to think like the institution you've replaced, banks...","thumbnail_url":"https://img.transistorcdn.com/NE9muFKf7ob9eJssBmXNvja0j-xOQGU8j1nPuVS77pI/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9jMjYz/MDY2M2Q1N2Q2YTA5/OWZmMWM4NTQwYzhi/Y2JiNi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}