Brick by Brick - Wealth Building Conversations
Oct 2, 2026 · 58 min · 12 segments
**The deals banks say no to are where Ryan Hermansky says yes.** Most hard money lenders are built to say no. Ryan Hermansky built a business around saying yes to the deals banks won't touch, and he…
Ryan HermanskyGuestLoren WernetteHostAre you guys strictly doing commercial real estate? And then what states are you in? What's your minimum, maximum loan size, terms, that type of thing for these loans?
So we'll take a look at any deal and just determine whether it's something that we'd be comfortable lending on.
And I told you before, we use an exceptionally pessimistic viewpoint on the real estate.
What do we do with the property? Can we sell it? Do we keep it? So that we look at everything like that.
know it's like we'll see deals where you know the loan to value is exceptionally low you know the person has money it seems like a safe investment but the property is is just something you would never want like a recent one we turned down was it was basically a rundown school so you know the the Property was allegedly worth about 6 million.
But ultimately, when you're looking at this, it was really hard to determine what else you would do with the property.
Being that was an old rundown school, it looked like it needed to be a newer updated school.
It wasn't something that we could sell easily or refurbish or wanted to own.
So that was ultimately a deal we passed on, even though the financial parameters look pretty solid.
So big picture, we look at properties and try to figure out a way to make it work if we really like the property.
We're certainly open to others, but he's brought us a lot of raw land and he's one of the most successful people I've ever met.
Are you guys strictly doing commercial real estate? And then what states are you in? What's your minimum, maximum loan size, terms, that type of thing for these loans?
So we'll take a look at any deal and just determine whether it's something that we'd be comfortable lending on.
And I told you before, we use an exceptionally pessimistic viewpoint on the real estate.
What do we do with the property? Can we sell it? Do we keep it? So that we look at everything like that.
know it's like we'll see deals where you know the loan to value is exceptionally low you know the person has money it seems like a safe investment but the property is is just something you would never want like a recent one we turned down was it was basically a rundown school so you know the the Property was allegedly worth about 6 million.
But ultimately, when you're looking at this, it was really hard to determine what else you would do with the property.
Being that was an old rundown school, it looked like it needed to be a newer updated school.
It wasn't something that we could sell easily or refurbish or wanted to own.
So that was ultimately a deal we passed on, even though the financial parameters look pretty solid.
So big picture, we look at properties and try to figure out a way to make it work if we really like the property.
We're certainly open to others, but he's brought us a lot of raw land and he's one of the most successful people I've ever met.
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