6 Ways to Mitigate Loan Risk
Don’t forget that when you push and pull levers, moving one lever can impact the entire project you’re funding. As a private lender, there are a lot of levers you can pull to mitigate risk, [...]
Update on State and Local Lending Issues
The devil is in the details, so the GRC relies on AAPL members to alert us to proposed legislation that could impact the industry. The AAPL Government Relations Committee endeavors to monitor legislation that may [...]
Active Legislation Alert
Proposed California and New York bills will significantly impact private lenders. When it rains, it pours. Within 10 days of each other, California and New York proposed legislation impacting our industry. As of the time [...]
Calling His Own Plays
Former NFL player Josh Baker jets into high gear with his new venture. Josh Baker’s career path has been unorthodox, veering from a major in criminal justice to a stint in the NFL to a [...]
The Housing Markets Most at Risk for a Correction in 2022
Here’s a look at markets with the most overinflated home prices and those with the biggest backlogs of distress. A home price slowdown and possibly even a correction is a growing risk facing U.S. housing [...]
AlphaFlow and the American Association of Private Lenders Announce Strategic Partnership
SAN FRANCISCO, CA and KANSAS CITY, MO –AlphaFlow and the American Association of Private Lenders (“AAPL”) today announced a partnership to help lenders grow their businesses and the private lending industry. AlphaFlow, the leading technology [...]
The Demise of “Hard Money” in a Private Lending World
Words have power. We use them to define our place in the world and to communicate that position to others. Recently, one phrase long used in our industry has come under fire: hard money. What [...]
Proposed California bill would tax nearly all residences sold within 7 years of purchase
California AB 1771 will charge an additional 25% capital gains tax on almost EVERY RESIDENTIAL PROPERTY sold within 3 years of purchase. UPDATE 4/25/22: The bill was heard for the first time by the Assembly [...]
New Member Discount: $250 Off Settlement Services Nationwide with Liberty Title
Liberty Title & Escrow is the American Association of Private Lenders' newest Member Discount partner, assisting lenders with full-service title and closing services for purchases, refinances, foreclosures, REO properties, and commercial transactions nationwide. Liberty Title [...]
Member Spotlight | Alex Breshears
Only 50,000 people on the planet — ever — have finished something called the Dopey. That's probably because anyone who even attempts to earn the medals must be just a little insane. Oddball name aside, [...]
Member Spotlight | Ruben Izgelov
If you ask Ruben Izgelov what he does in his spare time, his response is immediate: spare time is family time. If you push a little bit, he'll add he loves reading in his "absolute [...]
Member Spotlight | Jasen Miller
Jasen Miller came to our private lending world courtesy of a property development history that spanned countries (we're lucky to have you, Jasen)! If you have an opportunity to sit down with Jasen, ask him [...]
From Here to There and Back Again
The Real Estate industry can be unforgiving. The moment we come to understand and accept that, we discover a world of opportunities. I did my first investment deal when I was in college. As is [...]
Understanding the Entitlements Portion of Due Diligence
Use a step-by-step approach to review and analyze a property’s discretionary entitlements before approving a loan on the property. If you work in the real estate industry, you have no doubt heard the term “caveat [...]
The Origin Story That Launched an Industry
AAPL’s roots and the modern private lending industry can be traced to the Great Recession. It is 2009, and the Great Recession is in full swing. The federal government has passed the Secure and Fair [...]
Some TLC Transforms Portland Home
Renovations to an untended home in a desirable neighborhood of Portland, Oregon, yielded significant ROI. A single-family home in a desirable neighborhood of Portland, Oregon, was priced far below market value because it sorely needed [...]
Private Capital at Work
Here’s how one Maine entrepreneur is building affordable housing for his community and changing perceptions one house at a time. With funding Toorak Capital Partners provided, a 22-year-old developer in Maine has used $1.4 million [...]
Fund Management Strategies for 2022
With some creativity, flexibility, and patience, the challenges of 2021 can become opportunities for your fund in 2022. Most major metro markets have seen steady price and income growth in 2021, particularly in the residential [...]
The Good, the Bad, and the Ugly of Leadership
Anyone can claim to be a leader, but the key question is this: Will your team—and success for your business—follow? Good leadership is like the light, permeating into every aspect of the business. Poor leadership, [...]
Do Long-Term Rentals Have Staying Power?
Many factors are driving the trend, but private lenders must also understand the risks. Before we get into the latest loan craze in private lending—long-term rentals (LTRs)—let’s review how we got here. For years the [...]
