Constitution Lending

Constitution is a Real estate lender and private credit investor that has originated $300mm+ in loans for real estate investors and bought $100mm+ in NPLs.

[Nicholas @thmindustriesre]

Went under contract on a house.
Seller has no heat, it’s currently 15 degrees out with a low of -4 tonight.

Tell me again how “wholesalers” don’t help?

[Jason Richards @SimpleCRE]

"When I told the broker I wanted a building with cash flow, I guess I should have specified that I wanted it to be positive."

Classic observation in a meeting today by an OG real estate investor.

[Boring_Business @BoringBiz_]

“And here we don’t call it a presentation. We call it a deck. Never forget that”

[Robbie Hendricks @robbiehendricks]

Don’t overcomplicate it:

The best way to start in real estate is to simply do a BRRRR.

Buy a property w/your own cash
Manage the contractors
Get it leased on your own

Best education around. No comparison.

If you dig it, do a duplex. If you like that, do a 4-unit. And so on.

[The Real Estate God @TheRealEstateG6]

You have absolutely nothing to worry about if you can execute

Everyone thinks there’s a ton of competition out there. There’s zero

World is filled with people who talk & talk but can’t execute

If you can execute, you’ll become rich. That simple. Not a question of if, but when

[Edward Bond @investingcre]

Lenders: stop negotiating the default rate. If a loan stops performing, a low default rate makes selling the loan at par difficult.

[Leyla @LeylaKuni]

- “LPs are calling again”

- “Tell them the marks are conservative, liquidity is being evaluated, and distributions will resume next quarter.”

- “They are asking about third party valuations”

- “We’ll handle valuations internally.”

[Tanning Salon Don @TheSalonDon]

Physics of money are vastly different at smaller scale

Just like a bug can walk on water

A $100 lemonade stand can have 100% ROI in an hour

A local coffee shop that costs $200k can make $200k per year

If you are a bug, take advantage of the crazy return on small scale investments

[m. stanfield @resetbasis]

Broker selling 20-unit deal in Pensacola: "We'll get you access to the war room."

Dial it back, guy. This ain't that serious.

[Real Estate Lawyer @SinaiLawFirm]

It’s easy to hate landlords

But do you have the courage to hate tenants

[Dirty Texas Hedge @HedgeDirty]

Happy "2020 is no longer in the rolling 5y historical chart" week to all who celebrate

[Kevin Carpenter @kejca]

MUNGER: I don't think anybody has invented a way to teach so that everybody is wise. It's extraordinary how resistant some people are to learning anything.

BUFFETT: What's really astounding is how resistant they are when it's in their self-interest to learn.

[rain @redactedrain]

You’re a fake ass chiller bro I can sense your ambitious nature

[m. stanfield @resetbasis]

Sometimes, it just feels good to be recognized for what you do.

[kyle o’hehir @financeguy725]

Non-performing loan pricing is really simple

Good LTV, good default rate, good loan docs == 100% of UPB

If any of the above are screwed up it’s worth less than UPB

[Abdulmuiz Adeyemo @AbdMuizAdeyemo]

Absolutely. Lending is high-stakes in a way SaaS rarely is.

Even a small misstep—a single bad vintage, a bank pulling your line, a regulator’s scrutiny—can wipe out years of work.

Margins, capital requirements, and counterparty dependencies make it a constant balancing act. Unlike SaaS, there’s no slow burn: mistakes compound quickly, and the consequences are immediate and unforgiving.

It’s a thankless, high-risk business that rewards discipline, foresight, and risk management more than creativity or speed.

[Cincinnati HardMoney @CinPrivateFunds]

@financeguy725

[kyle o’hehir @financeguy725]

Doing a little office loan out of the fund and the contract rate is higher than the LTV