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129
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102
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Leonard L.
  • Investor
  • Newport Beach, CA
102
Votes |
129
Posts

SoCal Newbie Hard Money Lender needs advice please!

Leonard L.
  • Investor
  • Newport Beach, CA
Posted

So I have my lender license app done.  Thought I would  have time to network to find a document solution, either real estate attorney or software or both, but a deal landed on my desk yesterday that I really want to do, but must be able to close in two weeks.  It is only $300k so I gotta keep doc prep costs down.  I have heard all the big players use LaserPro but I am not ready to make that license investment, which I have heard is expensive ($15k+?)  

Is there a cheaper but widely recognized document prep solution?  Or do you have an atty in SoCal that will do these fairly simple loans on reasonable fixed fee basis?

Backstory - real estate attorney and investor.   Some of my investors like to go long for home runs returns with comensurate risk, but some want much safer deals, so I started this hard money lending business as an avenue to place this safer money.