All Forum Posts by: Nate Marshall

Big banks like Chase or Wells Fargo don't really do anything at all with real estate investors. If you're looking for a lender that closely resembles a bank then you need to look at COGO Capital, Groundfloor, Visio etc. They use the broker model which is good for you because often a broker can find a better deal for you if they're have contacts with multiple lenders.

It takes time and work to develop relationships with individual hard money lenders. If you want to raise capital from investors you also need to be compliant with the SEC and state blue sky laws. A lot of people can help you if you choose that route. 

How do you define rich? You're only rich if you use your good fortune to help others achieve their goals. Prior to Jay's launch last June so many people were predicting failure or were just outright either jealous or upset that he was successful. Getting a Reg A through the SEC is painstaking. It's not easy. It takes time. The SEC has mandatory 28 day holds on responding to answers for questions they ask. 

It's also public knowledge and fully transparent. You can look it up on the SEC's website. Jay hid nothing. He listed risk factors. He passed the bad actor test. He was approved and his raise was successful. 

They're about to launch the next raise. They have invested into some good properties. Jay was able to raise a significant amount in just the first few weeks. I expect he will raise the full $50,000,000.00 in 19-20. 

They setup their programs for contractors to bid on projects. They thoroughly analyze deals sent to them for consideration. I know someone who is JV'ing with them and TREF is funding $1,000,000.00 on a multi family property purchase and renovation with long term potential.

The SEC issue is pretty much standard and will be resolved. There was no C&D. I think his detractors and critics have some jealousy issues. He successfully started a Regulation A Tier 2 fund and raised tens of millions of dollars when most of them cant even raise tens of thousands. 

@Jillian Sidoti well stated.

@James Niemeyer sounds like you have a jealousy issue with someone who was successful in a major SEC compliant capital raise and fund.

Tulsa is doing really well now. I will be investing more into it. Any negativity about Jay or the Tulsa fund is likely out of jealousy or some other issues that invalidate the argument. 

Yeah. Your FICO can be raised simply by adjusting your balances to around 30-40%. We also recommend FREE DESSERT. Call your credit card companies and ask for increases in limits. But don't use it. Massage your balance.

@Matthew Yeoman It is not uncommon to see your score drop 50-100 points when you start investing. As you migrate to business capital and leverage money by using Private Money your score will go back up.

You need to be a business entity with an EIN/Tax ID and business bank account to do this as a business.

You should be able to get funded with 10% and closing costs. A lot more money out there than deals! Let's talk. I want to help you.

@Aidan Mulligan Lenders like COGO set minimums at $30,000.00 for purchase loans. If you’re looking at this as an investment property If look at COGO, Groundfloor or Visio.