Lee Chandler tells ICBR about his company and why they belong to Indiana’s commercial board.
ICBR: Why did your company become a member of ICBR?
Chandler: Lee Chandler Enterprises became a member of ICBR to help more Investors gain a competitive edge by gaining access to capital to start, grow or leverage their portfolio.
ICBR: What is the biggest misconception about what you do?
Chandler: Large misconception is that a fund will invest money for “free”. We always remind clients that when you are obtaining capital to grow it must be mutually beneficial for both parties. That’s how a proper deal is conducted.
ICBR: How did you get involved with your industry?
Chandler: The organization grew to meet the demands of the secondary market in finance. At a time where there are less qualified candidates under the scrutinized lending parameters of traditional banks. Our service is to meet that need through secondary markets. Providing the client with access to capital to grow and develop their company or venture.
ICBR: Do you have any mentors? If so, who? How has he/she inspired you?
Chandler: Bob Johnson is a very influential mentor that gives fantastic insight into the economics from both a macro and micro perspective.
ICBR: Most recent accomplishment?
Chandler: $2M apartment purchase, 70% LTV with 30% capital raise.
ICBR: Weirdest question someone has ever asked you about your company or what you do?
Chandler: “Is there anyway that I can borrow money for free?”