Dr. Toby PotterCEO and Founder, The Unshakable Investor · Real Estate Investor Success Coach

The Bank Said the Contractor wasn't 'Big Enough'

Name: The Bank Said the Contractor wasn't 'Big Enough'
Uploaded: 2025-08-05T22:10:20+00:00
Duration: 55 s
Channel: Dr. Toby Potter
Description: In this recorded sales call, Toby from Direct Funding Resources speaks with Randy, a real‑estate investor whose bank loan was denied because the…

5 Aug 2025 · 1 min

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In this recorded sales call, Toby from Direct Funding Resources speaks with Randy, a real‑estate investor whose bank loan was denied because the contractor lacked sufficient experience—no website, resume, or licensing documentation. Toby explains that Direct Funding Resources does not require the same contractor vetting, emphasizing a fast‑track financing solution for a $180,000 property purchase with a $40,000 rehab budget and an estimated after‑repair value (ARV) of $325,000. He promises to send term sheets and close the deal quickly, positioning the service as a hassle‑free alternative to traditional bank financing.

Chapters

Hey Randy, it's Toby from Direct Funding Resources. How's it going, man?
Man, the bank denied me. Not because of the property. They said my contractor doesn't have enough experience.
So they judged your contractor saying that he didn't have enough experience. So what did you provide to them that gave them that conclusion?
You see, these guys don't have a website. They don't have a resume.
But let me guess. So everything else checks out though, right?
Yeah, the project's awesome. Purchase is $180K. Rehab's $40K. Comps are coming in around $325K.
They didn't fund your deal because your contractor didn't meet some box to check off on their do their due diligence. Is that what you're telling me?
Unfortunately, yeah.
Well, good news is, buddy, we don't go into all that with your contractor.
That sounds amazing, but let me just confirm. So you're not going to ask for his license, like his business license, his insurance, his resume? You don't need any of that?
Yo, this is a $40,000 rehab. I'm not going down that road, man. We're going to close and fund this thing, you know, get you rocking and rolling as soon as possible. Thank you, Toby.
I needed this.
Let me shoot this paperwork, these term sheets, over to you. Let's get this deal funded and get it closed. All right, man, let's go. Talk to you soon.