All Forum Posts by: Patrick Maloney

@Barry Ruby, I'm finding myself in a similar situation to Kam Su. Is there any chance you'd be willing to share your excel worksheet with another, aspiring lot developer? Thanks for your consideration.

Quote from @Issac San Miguel:

I use lending wise daily - For the most part I like it. I'm a hard money lender.

Would Rec

Point of annoyance is the time saving information into the system - it takes a few seconds in between pages.

Mostly positive experience

We use it now as our origination, loan trading, and asset management platform.

It is time consuming, but I feel good about it overall

Hey Isaac - 

Thanks so much for your response. That insight is very helpful.

Are there any other applications/softwares you use in your hard money lending business that you find beneficial? Maybe ones that are complimentary to Lendingwise? CRMs etc?

I'm a small time hard money lender in Pittsburgh using excel and a bit of bubble gum currently, but I'm hoping to better my processes.

To anyone with experience using LendingWise - I'm looking for details of what your experience is/was like. Some general questions are below as prompts. 

- Would you recommend it? Y/N
- If no, is there a different product you like better?
- Any specific cons or points of annoyance?
- Any specific bright spots?
- How has your experience been? 
- Did you continue using it?
- Has it truly streamlined your lending and saved you time? or is it finnicky, frustrating, and time consuming?
- Does it work as advertised?

Thank you for your insight! 

Thanks for your help Greg!

What do I need to do to be be eligible to bid on a HUD Home Store property as an investor?

1. 1. I know I have to wait until the owner occupant phase is complete.
2. 2. It seems I need to be represented by a broker, but my concern is that all the brokers in my area also look to be investors and I am concerned that they won't have my best interest in mind.

Anyone have a best practice for navigating this?