188. The Problem with Debt | Lending and Financing in Self Storage w/ Ben Benditson

Once you've figured out which market to go in and what price you should pay, the next step is to secure the funding and financing for your deal.

Lending is a tricky business - there are numerous types of loans and fund structures each with their unique benefits, regulations, and interest rates. Each of these factors will directly affect how your deal functions now and years into the future. 

Today we are talking to Ben Benditson, our newest addition to the Cedar Creek team. He's a broker who has helped us fund numerous deals that we now own. We're going through the Pros and Cons of different types of funding for Self Storage (and commercial real estate at large) and what to look for and avoid when you are raising capital. 

Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here:

https://www.cedarcreekwealth.com/debt

Our partners:

Live Oak Bank - liveoakbank.com/incomepodcast

Tenant Inc. - https://www.tenantinc.com/

Janus International - https://www.janusintl.com/

Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook 

Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/