All Forum Posts by: Jason Harlin

@Josh Heckle - There definitely is a learning curve. The first few deals I submitted were denied because there wasn't enough profit. Once I learned the numbers - I only make offers on and subsequently submit deals that are within the parameters they have set or I am wasting everyone's time. Of my last three deals I submitted all three were approved. Knowing the numbers and having the right terms is key to success.

Just to clarify they will be your JV Partner. They are not hard money lenders. They use they're capital and credit to help you secure lending from hard money lenders. They will verify the numbers using the steps that they have in place to protect both you and them from a loss. If everything checks out you move forward. Again, know your numbers; have the right terms in place for all of your contracts in order to protect you from any financial loss ramifications and you'll be fine.

There is definitely a learning curve however, I only submit offers for review that I am 100% confident are going to pass their requirements.  of the last three deals I've submitted for review two of them have been excepted and one is this still in the process of having the appraisal done.  

Also just so you know, they are not Hard Money Lender's they are your joint venture partner in every aspect of the deal. They use their own funds as well as secured loans on their credit through other Hard Money Lender's to help make the deals happen.  So  you are not using your own credit or  your own capital.

The best advice I can give to you if you're going to use them as a joint venture partner is to know your numbers and to make sure that your terms are good enough to give you a way out of any contract without any financial ramifications.  But that's what you should be doing as an investor in any all contractual obligations your commiting yourself or entity to.

I think I joined their network in April or the beginning of May if I remember right. 

I am a current client of Keystone Funding Network. I have closed on one deal and we are in the middle of the renovation process now. The property is located in a very hot area and we have a projected profit of $70k. I have another deal schedule to close next week and another the beginning of next month; both using them as my JV partner. My advise is to make sure your numbers are right, know your time line and negotiate good terms in your contracts and you'll be fine. If you can't do these things with or without Keystone Funding Network you will fail as an investor.