On this episode of The Science of Flipping, I sit dow with Michael Iuculano, a seasoned hard money lender with over two decades of experience, shares his expert insights on the evolving lending landscape, particularly in the wake of the COVID-19 pandemic. He explains how the lending environment has tightened, with stricter underwriting standards and increased scrutiny on borrowers’ ability to pay and the quality of their investments. Michael highlights the importance of speed in real estate deals, especially when utilizing hard money and bridge loans, and offers advice on how investors can best position themselves to secure financing in a more cautious market.Beyond lending, the conversation delves into Michael's personal transformation from a hands-on hustler to a CEO mindset, focusing on empowering his team and building systems that allow for scalability and time freedom. Michael's overarching message is that regardless of market conditions, those who are adaptable, focus on quality deals, and build strong networks will always find opportunities to thrive. —Connect with Michael!Instagram - @hardmoneymichaelFacebook - https://www.facebook.com/michael.iuculano.3LinkedIn - https://www.linkedin.com/in/michael-iuculano/Website - https://michaeliuculano.com/ — The #1 training and coaching system to launch, grow, and scale your investing business! 𝐋𝐞𝐚𝐫𝐧𝐌𝐨𝐫𝐞: http://www.thescienceofflipping.com Turn cold real estate leads into engaged motivated sellers on auto-pilot using the power of A.I! 𝐋𝐞𝐚𝐫𝐧𝐌𝐨𝐫𝐞: https://www.rocketly.ai/ Have a question? Ask me anything at https://www.askjustin.ai/ 𝐀𝐛𝐨𝐮𝐭𝐉𝐮𝐬𝐭𝐢𝐧: After investing in real estate for over 17 years and almost 3000 deals done, Justin has created a business that generates 7 figures in active income through wholesaling and fix and flipping as well as accumulating millions of dollars of rental properties including 5 apartment buildings, 50+ single family homes, and 1 storage facility Justin's longevity in real estate is due to his ability to look around the corners, adapt to changing markets, perfecting Raising private capital, and focusing on lead generation which allows him to not just wholesale and fix & flip, but also accumulate wealth through long term holds. His success in real estate led him to start The Entrepreneur DNA podcast and The Science Of Flipping podcast and education company, where he has coached and mentored thousands of aspiring and active investors over the last decade. He is a nationally recognized speaker and is on a mission to educate as many people as possible on becoming a successful dynamic real estate investor. 𝑾𝒉𝒂𝒕𝒕𝒉𝒆𝑷𝒓𝒐𝒔𝑯𝒂𝒗𝒆𝑻𝒐𝑺𝒂𝒚𝑨𝒃𝒐𝒖𝒕𝑱𝒖𝒔𝒕𝒊𝒏: “Justin is one of the best trainers in this space. He really gives everything to his tribe.” – Brent Daniels (TTP) “Justin’s ability to connect with people and help them understand what he is teaching, is unparallelled” – Kent Clothier (REWW) “We have been in the trenches flipping homes in Phoenix for over a decade, he is one of the best to do it.” – Sean Terry (Flip2Freedom) Subscribe To Justin Colby: http://youtube.com/justincolbyView All My Videos: https://www.youtube.com/c/JustinColby

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.