they are 100% a scam, run away from them as far as possible.

I don't know Rod at all, but he talks the talk as far as character, values, mindset, relationships, leverage, and one's "big why".

A common question they like to ask is "So, how much are you looking to spend?"

This newbie is so lost!

I have MLO and am registered but Not currently active but I keep up on CE each year so I can activate if I need to.. the main issue for me as an independent is the NMLS mortgage call report is so darn time consuming and intrusive..

And the geodome, glamping, any structure without a fixed foundation is SO much more difficult than the youtubers make it seem.

That's why walking through the units and meeting the tenants is so important to us.

My understanding is that unless the borrower is pledging/securing your loan with particular and specified assets in a security agreement, you would be a unsecured creditor as far as the personal assets go, not much different than credit card debt.

Yes, primary reason for needing it to be legal is so I can get most or all of my money back out with a refi.

(Their $500k sale could be 90% of a $550k purchase or 1% of a $50M purchase.)As far as qualifying for a loan.