@gabepetersen: Learn More: https://www.skool.com/the-real-estate-investing-club/about Sometimes the smartest pivot is shifting from owner to lender. Bob Fraser breaks down exactly why his firm walked away from multifamily equity when the market felt wrong, choosing to leverage a deep banking background instead. By creating a private credit fund, they’ve managed to secure equity-like returns—hitting 15% to 17% all-in—while prioritizing risk management over traditional ownership. It’s a masterclass in reading the economic room and adapting the strategy to match the current financial climate. #realestateinvesting #privatecredit #passiveincome #investingtips #financialstrategy