Author

Jessey Kwong
Pebble Co-Founder
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The Cheapest Money Isn’t Always the Best Money for Land Deals (Podcast Ep# 173)
Podcast
173

Drew Haney is back on the show, and this time Jessey and Drew dig into a question every land operator faces: where should the money for your deals come from? Drew went from flipping around 300 deals himself to funding over a thousand, so he has seen what works (and what keeps people up at night) from both sides of the table.
They walk through the four main options: friends and family, bank loans, hard money, and JV funding. Drew shares why the lowest rate on paper often comes with hidden costs like stress, lost time, and risk to your relationships. He also explains why boring five-figure flips are the sweet spot, how a real profit split looks on recent deals, and why he calls the funder’s cut a “labor play” instead of an expense.
Along the way, Drew shares his go-to lunch hack, a surprising stat about how financial stress affects your thinking, and a story about a former Amazon employee who earned $900 an hour on a single deal.
What You’ll Learn:
The four ways operators can fund land deals and the real trade-offs of each
Why the cheapest money on paper can end up costing you the most
How JV funding works and what profit splits look like on real deals
How to vet capital partners and choose the right funding for where you are in your business
Connect with Drew Haney:
🌐 drewhaney.com
🌐 roostercapital.land
📧 drew@drew-haney.com
