All Forum Posts by: Patrick Sears

Hello,

Thinking about ways to mitigate the risk of tenant-caused damage to my rental properties.  Any ever heard of insurance that the TENANT can buy that covers the landlord in case the tenant goes crazy and destroys the place?  I don't feel I should have to pay out of pocket to fix damages above and beyond normal wear and tear, and I don't feel my insurance should have to cover it, either.

Any thoughts?

Awesome Chris, thanks for the reply.  Nice website, BTW!

Interestingly, I just checked the forum and that post has been removed by the Moderator.  Not sure why.  Could have been seen as unfair to PIP.  I would still do your due diligence on anyone you want to give your money to.

I believe there was a post from just a couple of days ago from someone identifying themselves as a fraud investigator who was requesting input from the forum on anyone who has been a victim of fraud from the PIP Group.  You may want to look into that...

Hi Patti, thanks for the reply.

So are you suggesting I offer to get my buyers financed through Movement instead of carrying the paper myself? Doesn't that kind of defeat the purpose of offering seller-carry?  Or are you suggesting I join Movement and become a lender/broker myself, and fund my own deals (and others) that way?

Thanks!

Hi Chris, thanks for the reply.  

Do you offer your services to individual investors looking to originate notes and offer seller financing?  Or do you just originate for your lender/mortgage company?

Thanks!

Hello,

Does anyone know of some good RMLOs in Virginia that I could use for my seller financed flips?

I've looked online and see companies for other states (Texas Pride for Texas, etc) but nothing jumps out for Virginia.

Thanks!

Hello,

Does anyone know of some good RMLOs in Virginia that I could use for my seller financed flips?

I've looked online and see companies for other states (Texas Pride for Texas, etc) but nothing jumps out for Virginia.

Thanks!

Thanks for the reply, Patti!

Yes, that is exactly why I am looking for a RMLO, to give my seller-carry notes the DF stamp of approval.  1) So I am compliant, and 2) to give them gravitas when I go to sell them to nite buyers (or use them as collateral for bank loans).

What is Movement?

Hello,

Does anyone know of some good RMLOs in Virginia that I could use for my seller financed flips?

I've looked online and see companies for other states (Texas Pride for Texas, etc) but nothing jumps out for Virginia.

Thanks!