“Never” is a strong word. But it’s actually not that far off; after completing more than 8,000 private money loans in the last 12 years, I’ve only ever had to officially foreclose 1 time. That’s a 0.01% foreclosure rate. So let’s say “almost never” rather than “never”. But it’s darn close to never…and it’s all because of how I structure my deals.

If there’s one thing I’ve learned from the subprime meltdown of 2008, and more recently the Silicon Valley Bank and Signature Bank debacles… …it’s the importance of knowing your investment parameters. In the world of private money lending, we call this your credit policy.

The looming credit crisis. What effect will over-leverage have on the real economy?