I don't hold LO license and would like to originate a hard money loan with my own fund.

@Steve Vaughan You are spot on with why I'm looking into LO's.

If I collect an option feeand the t/b follows thru and purchases home at the end of l/o where is the option fee money applied?

I have heard a lo about Bigger Pockets and decided to try it out.

Get with a lender/LO that really understands investors and how to structure and plan for your future.  

It'll likely be 75% LTV.2) Your local REI friendly LO will be able to tell you if it makes more sense for both of you, or one of you, to be on the mortgage.

I work for a title company full time, have also been a residential LO, closing agent, abstractor - and everything started by me just cutting hair on the side and buying another barbershop with a handshake agreement.

Also, be sure you don't go beyond 3 years on the LO contract, and know how to screen your TB for their success.  

Usually it took an LO or broker to know enough to try and accomplish that.

Can someone let me know if lenders are still offering LO DOC LOANS and if there are any please provide info.Thanks.