2020 has been a whirlwind of a year already, and it’s taught us plenty of valuable lessons. The coronavirus global pandemic led to many changes in the way we live and work, and we’ve had to adapt in order to thrive in this new environment.
Jacques Poujade, a financial expert who works as a Managing Partner at LendPlus, has experienced these shifts firsthand, and has come out the other side. We sat down with Poujade to not only talk about his financial insights, but also dive into some of his key takeaways from the year so far.
Here are five incredible things we learned after interviewing Jacques Poujade.
- There are plenty of lending solutions out there to suit all needs
One of the first things that stands out about Poujade as a lending professional is that his business mantra is unlike any other. He operates from the standpoint that everyone and every family deserves to have the lending solutions necessary to help them live in their dream home.
This is not necessarily a common opinion in the lending industry, and it’s a refreshing reminder that there are different lending options out there, to really suit all needs.
- You don’t need money to get into real estate investing
As a financial expert, Poujade shares a lot of his insider knowledge, and this includes investing knowledge. One of our key takeaways after talking with Poujade is that if you’re interested in investing, you don’t actually need a ton of money, or even any at all.
If you get started in wholesaling, for example, you can make a commission on properties without actually putting any of your money on the line.
- That being said, there are plenty of investing options out there
Getting into real estate investing may seem like an impossible undertaking, but according to Poujade, it’s much more accessible than most people think. From fix-and-flips to rental units, there are plenty of ways you can get into real estate investing, and endless resources out there to help you get started.
- Cryptocurrency is everywhere
As a financial expert, Jacques Poujade is well-versed in plenty of diverse fields, one of them being cryptocurrency. Poujade is a firm believer in cryptocurrency, and is even often brought in to weigh in on debates, such as which cryptocurrency wallets you should use.
Poujade believes embracing cryptocurrency will help set you up for success in the long run, because it has the power to transform nearly every industry.
- Now is a great time to borrow
Despite the uncertain economic circumstances and the tumultuous year, Poujade sees that now is an excellent time to borrow, because of how low mortgage rates are. Many people may be nervous about making big financial decisions right now, but depending on your situation, Poujade says that might be a big mistake.
If you’re on stable ground, now could be an excellent time to make some financial and real estate decisions.