• #239 How to finance your next deal with a local credit union - Mark Ritter

  • Sep 11 2024
  • Length: 36 mins
  • Podcast

#239 How to finance your next deal with a local credit union - Mark Ritter

  • Summary

  • Joining us on this episode of Living Off Rentals is Mark Ritter. Mark is the CEO of Member Business Financial Services (MBFS), an entity owned by 13 different credit unions with the mission to help credit unions fund more loans for real estate investors and small business owners. Mark is also the host of the Credit Union Conversations podcast.

    In this episode, he talked about credit unions, a type of financing that is underutilized because people just don't understand the details. Learn more about credit unions and other types of financing that are perfect for any deal or investor situation. Enjoy the show!

    Key Takeaways

    [00:00] Introducing Mark Ritter and his background

    [02:43] The difference between a credit union and a bank

    [08:35] How can people work with a credit union?

    [10:58] Type of loans offered to real estate investors

    [16:01] "Credit analysts are very smart"

    [19:48] Small business loans

    [29:49] Connect with Mark Ritter and MBFS

    Guest Links

    Website – mbfs.org

    Show Links

    Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

    Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast

    Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

    Living Off Rentals Website – livingoffrentals.com

    Living Off Rentals Instagram – instagram.com/livingoffrentals

    Living Off Rentals TikTok – tiktok.com/@livingoffrentals

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