I was just on the BiggerPockets Podcast. Here's what we covered.

My episode of the BiggerPockets Real Estate Podcast just dropped.

I want to share it with you directly because if you're an operator or borrower in Arizona, a lot of what we talked about is relevant to how we work together.

Watch it here: https://youtu.be/pZ691RUjRYM

How I Got to Private Lending

I started buying rentals in 2014 and scaled to 50 properties.

The formula was working until it wasn't. As home prices and interest rates rose, cash flow started shrinking. The deals that made sense in 2014 weren't producing the same results anymore.

So I pivoted to private lending.

And I'll be honest, the first deal I did, I had no idea what I was doing. But I learned fast.

The model is simple: a borrower needs capital to buy and renovate a property, they pay me interest every month, and when they sell, they pay back my capital and I go do it again.

Today I'm managing over $12 million in assets under management and I spend less than 25 hours a week running the entire operation.

Why Private Capital Is Different

Here's what I explained on the podcast that matters most to you as a borrower.

I own the capital.

That means I make the decisions. No committees. No underwriters in another state. No waiting for fund approval.

When you text me about a deal, you're texting the guy who approves the loan.

And because it's my capital, I can move fast:

24-hour draw releases. You send me pictures and invoices showing the work is done. I check it and release the funds. No waiting two weeks like you'd get from a larger institution.

Fast closings when you need them. Most deals close in 7-10 days. But if you need to close in 2-3 days and title is clean, we can make it happen.

Flexibility for proven operators. If we've worked together before and you've executed well, I can adjust terms. That might mean higher LTV, creative structures, or deals that don't fit the standard box. I can do cross-collateralization, second position loans, and more.

Direct communication. You don't talk to a broker who talks to an underwriter who talks to a fund manager. You talk to me. Nights, weekends, whenever.

No prepayment penalties. I want you to get in and out fast. If you close early, great. No penalty. That's how it should work.

This is what you get when you work with a lender who owns their capital instead of an institutional fund.

What I Look for in a Deal

On the podcast I walked through exactly how I underwrite. Here's what matters most.

The 4 C's:

1. Character. Can I trust you to finish the project? Do you communicate well? Are you committed?

2. Capacity. Do you have the skills to execute? Have you done this before? Do you have contractor relationships?

3. Capital. Do you have reserves? Can you handle problems if they come up? Are you putting at least 10% down?

4. Collateral. Is the ARV realistic? Is the basis conservative? Does the deal make sense?

The baseline structure:

• I lend at 70% of ARV, which gives me a 30% equity cushion

• Minimum 10% down on purchase, with some exceptions

• Clear rehab scope and realistic timeline

• Local Phoenix market knowledge required

For experienced borrowers I've worked with multiple times, I have flexibility on these numbers. But that's the baseline.

The Speed Advantage

If you find an off-market deal and the seller wants to move fast, you need a lender who can commit quickly.

Most institutional lenders take 7-14 days just to give you a loan commitment. By the time they approve you, the seller has already moved on to a cash buyer.

I can commit within 24-48 hours if your deal is solid. And once we're committed, we can close in 7-10 days, or 2-3 days if it's urgent and title clears.

That's the advantage of working with a lender who owns their capital.

Why Draws Matter More Than You Think

Here's something most borrowers don't realize until they've worked with multiple lenders: draw speed is more important than funding speed.

Most deals take 1-2 weeks to close anyway. But once you're funded, you need draws released fast so your project doesn't stall.

With institutional lenders:

• Request a draw

• They schedule a third-party inspector (7-10 days out)

• Inspector writes a report (2-3 days)

• Underwriting reviews it (3-5 days)

• Fund approves and wires (1-2 days)

• Total: 2-3 weeks

With 42 Solutions:

• Submit draw request with invoice and photos

• I verify work is done

• Draw released

• Total: 24 hours

Your contractor gets paid tomorrow. Your project doesn't stall. You stay on schedule.

That's worth a lot.

We Have Capital Ready Right Now

This is not a newsletter where I'm just sharing content.

I have capital to deploy and I'm actively looking for the right deals in Arizona right now.

If you have a property in contract, closing soon, or you're evaluating something right now, do not wait.

Submit your deal today at weare42solutions.com or text me directly at 602-501-1174 with:

• Property address

• Purchase price

• Rehab budget

• ARV

• Timeline

I'll respond within 24 hours and tell you if it fits our box. If it does, we move immediately.

If you're an experienced operator we've worked with before, let's talk about how we can get creative.

Watch the Full Episode

If you want to hear the full story, how I went from 50 rentals to private lending, how I underwrite deals, and what I've learned across 58 loans, watch the episode here:

https://youtu.be/pZ691RUjRYM

Questions? Reach me directly:

Text: 602-501-1174 Email: devon@weare42solutions.com

Devon