It is correct that there is no limit, but some of the aggregators and securitizers who purchase these loans post-close have exposure limits, such as $10 million in unpaid principal balance.

I am considering getting into this space (looking at some courses), but worried that its too late, and that deep local market knowledge/understanding of buyers/connection with developers etc is required to make this work, which only incumbent/long term investors will have and would be hard for a new entrant starting from scratch to catch-up...is my hypothesis valid in your opinion ?

Happy to connect with you guys!

Asking in the correct forum will get a better response.Read the RULES!

Everyone is there to learn and connect, and everyone started out with no experience. 

We need to connect!!! 

Which in a way, is fair, but I believe this is their loop hole to only fund the low hanging fruit deals, and stick people with a bill of 4-7k and a property search app that isn’t that good in the first place. anyway, I am always looking to connect, dining the next project, and get it funded!

I'd love to connect!

There are a lot of people in the city but I find other cities more warm for connections / networking.

I get it, and in those cases, Jason would be absolutely correct.