Exploring the Transformative Landscape of Real Estate Financing with Industry Experts

In this episode of "Real Deal Investing", hosts Jerron Kelley, a seasoned real estate attorney, and Larry Mastropieri, a real estate broker and agent, talk with Jared Perlman and Emmanuel St. Germain, loan officers at Choice Mortgage Group and share their backgrounds in the lending industry.

The discussion centers around the changes in the lending world, both for traditional financing and investor financing. Jerron and Larry express excitement about the evolving landscape of lending programs for investors and regular homeowners. They touch upon the challenges people face in buying properties and delve into the Jared and Emmanuel's personal backgrounds and journeys into the lending business.

Emmanuel shares his story of moving from Montreal to the U.S., growing up in the Northeast, and entering the mortgage industry in 2005. He mentions working for a subprime mortgage company, and highlights the flexibility he witnessed in his adoptive father's role as a loan officer.

Jared discusses his unconventional entry into the real estate and lending business, including experiences in finance, attempts at starting an app company, and eventually finding his way into the lending industry. The hosts discuss the challenges and opportunities presented by the changing landscape of the mortgage industry, such as the impact of regulations and the age demographics of loan officers.

The conversation covers the expansion of their business to different states, with a focus on the unique challenges each state presents. Jared and Emmanuel emphasize the importance of local knowledge and the intricacies of dealing with condos, including the difficulties in obtaining meeting minutes and other necessary documents.

The script touches on the idea of obtaining FDIC approval and the advantages it could bring in terms of access to capital and the ability to operate in all 50 states. The hosts discuss their strategy of focusing on the condo market and share insights into their condo desk, a dedicated team focused on navigating the complexities of condo lending.

The conversation reflects on the challenges of dealing with condo associations and the persistence required to obtain necessary information. Jared and Emmanuel's experiences provide a comprehensive overview of the challenges in the lending industry, and their strategies for success.

#realestateinvesting #realdealinvesting #JaredPerlman #EmmanuelStGermain #expertadvice #floridarealesate #realestate 

Connect with Jerron: Jerron Kelley, Esq. www.kelleygrantlaw.com

Connect with Larry: Larry Mastropieri www.DiscoverSouthFlorida.com

Connect with Jared and Emmanuel: www.choicemortgage.com