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Checkout: Investor Lead Generation Demo
(45 min + Q&A): Click Here
What you’ll learn in just 17 minutes from today’s episode:
  • Why planning ahead when it comes to your financing strategies is vital
  • Learn about the key financing strategies before diving in
  • Learn how to attract money partners, raise capital and stay out of trouble with securities commission

 

Summary

Dalia Barsoum is a multiple award-winning Mortgage Broker, Real Estate investor and finance adviser with over 20 years of experience in the banking sector, spanning: Wealth Management, Lending and Real Estate. Dalia holds an MBA in Finance from Dalhousie University and is a Fellow of the Institute of the Canadian Bankers Association.

In this episode, Dalia shares the nitty gritty side of financing and do away all the challenges that comes with it. Learn the strategies required in order to grow your portfolio, as well as getting tips on how to deal with and approach the right people to help you with your investments.

Topics Covered:

01:06 – Book alert:  Canadian Real Estate Investor Financing – 7 Secrets to Getting All the Money You Want by Dalia Barsoum

01:34 – How she got into being a real estate investor and eventually a mortgage broker

02:48 – About being a buy and hold investor

03:50 – Mistakes people commonly commit when investing in Real Estate

04:53 – The Pitfall of not planning ahead especially when it comes to financing

05:51 – The challenge of financing and how to do away with it

07:56 – About her having a great grasp on the numbers and financing guidelines and ability to structure deals

08:39 – How to spot a good deal

12:35 –  How to attract potential investors and raise capital for joint ventures

14:34 – Talking about pre-qualification requirement for clients and potential investors

17:28 – Discussing the confidential matters in financing

19:27 – Where their business is based

Key Takeaways:

“What I find helps everyone, not just clients, is surrounding yourself with people who have been in the same position, who have the experience to actually bring value to the table. When I started investing, it’s helped me tremendously to have the right coach by my side, the right realtor by my side who knew the local market, who knew what’s gonna rent for, what the vacancy rates are, what is a good tenant, what’s a bad tenant.” – Dalia Barsoum

“Definitely everyone is going to eventually run out of their own capital to invest and raising capital becomes a very important topic. So, from a financing standpoint, what I typically advise clients off, if you have a joint venture partner that is coming to the table to invest, it’s really important, first of all, to know what they’re capable of from a financing standpoint before you go shop for a deal. So they go through the same process that we take clients through in terms of planning the financing roadmap for that JV partners.” – Dalia Barsoum

“Sometimes clients rush into forming a corporation, but everybody on the corporation and you get a group of three or a group of four investing together, which really, really complicates financing from a residential standpoint. Commercial is not a problem, but residential becomes complicated. Before clients rush into, you know, these types of strategies again, I would suggest you talk to a mortgage advisor and say, okay, who are the best people to really go on this deal from a financing standpoint? How can we make our deals going forward, simple and most attractive to the lenders. So putting everybody on a deal because they’re a JV partner, doesn’t really make sense all of the time. Sometimes it complicates things significantly.” – Dalia Barsoum 

Connect with Dalia Barsoum:

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