Andy Tamayo

Rate shoppers get declined. Strategists get funded. Hard money + DSCR lending, 7–10 day close. Founder @ Skye Blue Capital.

[Andy Tamayo @AndyTamayoSBC]

If you want to build real wealth, stop putting money in a savings account. The dollar has lost over 97% of its value since 1913, meanwhile real estate has gained over 300% of value in that same time period. Real estate moves, your cash doesn’t.

[Andy Tamayo @AndyTamayoSBC]

The truth is, you don’t get more business because you never pick up the phone. Someone wants to partner with you, you’re busy. Someone wants to buy from you, you’re busy. Someone wants to create content with you, you’re busy. But, you have no business to show for all that busy.

[Andy Tamayo @AndyTamayoSBC]

1 loan officer in. 2 out. 📉
81K LOs left the business in the last 12 months. Only 43K came in.
The banks took the biggest hit. The fast, independent lenders are taking the deals.
If your lender disappeared mid-deal this year, you already know.

[Andy Tamayo @AndyTamayoSBC]

The best way to lose money:
Listening to someone online that says you can buy 500K worth of real estate with 0 dollars. If it were that easy, everyone would own real estate

[Andy Tamayo @AndyTamayoSBC]

@Barchart Should rename it shitcoin

[Andy Tamayo @AndyTamayoSBC]

Someone I am training didn’t believe this. I record my sales calls so I played him a call, I had with someone worth 609 million. The client was just direct and even told me if I can’t get to point B, we should just stop speaking about this. People with money, understand small talk takes away time; time, to them, is more valuable than anything else I can offer.

[Andy Tamayo @AndyTamayoSBC]

642 FICO. 708 VantageScore.
Same borrower. Same credit file. Different model.
One number gets you a worse rate. The other might get you approved.
Most borrowers never ask which score their lender pulled. Ask.
Got a high quote or a denial? DM me "SCORE."

[Andy Tamayo @AndyTamayoSBC]

@Barchart Until regulation comes for AI, the bubble will only get bigger. Regulation Is not happening under this administration

[Andy Tamayo @AndyTamayoSBC]

@Codie_Sanchez Can’t create a network in pajamas from home…..unless your goal is to be a part of the Fortnite community

[Andy Tamayo @AndyTamayoSBC]

@Codie_Sanchez Absolutely fair to say…it’s also fair to expect them to not give a 2 week notice, and jump the moment someone offers them more pay. I see arguments for the employer and employee. If we value them for KPI, we should expect them to just value us as a dollar sign.

[Andy Tamayo @AndyTamayoSBC]

Any lender who tells you that ground-up construction only takes 6 weeks to complete, doesn’t know what they’re talking about. You need zoning, permits, hope the weather holds up, materials, labor, electrical, plumbing, etc. that isn’t done in 6 weeks

[Andy Tamayo @AndyTamayoSBC]

The difference between what I do vs what the bank does is simple: your bank approves, or declines you based on you.
I approve you based on the deal.

[Andy Tamayo @AndyTamayoSBC]

@GrantCardone It’s not housing that’s an issue this time, it’s inflation. In 2027, strategic investors are going to set themselves up for life. The people who don’t, have zero liquidity in the bank, and no assets to borrow from.

[Andy Tamayo @AndyTamayoSBC]

@texasrunnerDFW I honestly believe the real number of unemployment, once you take out seasonal and part time work is closer to 5.5%

[Andy Tamayo @AndyTamayoSBC]

@GrantCardone More opportunities to be self employed and tax advantage of tax code. Less if they expect a W2 to be there in 20 years

[Andy Tamayo @AndyTamayoSBC]

@danellisona Misinformation. So many people make decisions, pick sides, take actions based on something they saw from a stranger on social or YouTube, and don’t bother researching a single sentence to see if what they are trusting is even remotely correct.

[Andy Tamayo @AndyTamayoSBC]

@PeterSchiff What will be sacrificed isn’t programs, it’s the middle class. Top 20% of earners will feel a little pain but not much. The bottom 20% get the freebies so they’re fine. The middle 60% are who are going to become extinct slowly over 2 decades.

[Andy Tamayo @AndyTamayoSBC]

For those of you wondering, I am not on Facebook. Not because I don’t like the platform but because they suck, and will happily give up your profile and messages to whatever government agency asks for it without telling you. Hope this clears the air

[Andy Tamayo @AndyTamayoSBC]

@elonmusk @bot If you do lending, how would you say GrokBot would work best for me?

[Andy Tamayo @AndyTamayoSBC]

He is doing those kids a favor. I’ve meet dozens of people, over the last 20 years, who have a degree and never worked a day in their fields, because they couldn’t decide a major so they picked whatever was easy or convenient. 100K later, they have a 55K base and 15-25 more years to go in the debt they can’t get rid of.

[Andy Tamayo @AndyTamayoSBC]

The 2021 multifamily crowd didn't buy bad buildings. They bought bad debt.
"We'll just refi in 3 years" was the whole business plan.
Were they unlucky, or was that underwriting never real? 👇