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5 July 2024 | 19 replies
If you can demonstrate a track record of executing on the business plan you set forth, the banks will continue to lend you money and as they become more comfortable with you, your loan originations will out pace your balance sheet.
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5 July 2024 | 0 replies
I have several loan originators willing to host a webinar to showcase what options they have available as well as field questions.
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5 July 2024 | 5 replies
It sounds like from your post that there may be an existing garage there currently, but the original surveyer screwed up.
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5 July 2024 | 2 replies
You originally said "your grandpa currently owns" but later said if he sells he has to pay his wife's family a percentage.
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5 July 2024 | 3 replies
We originate DSCR loans on behalf of 10-20 different dscr lenders.
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5 July 2024 | 19 replies
Elton, I reread your original post, and noticed you have the thermostat on learning mode.
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5 July 2024 | 4 replies
The rehab came in just under $20k but I originally budgeted $15k.
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5 July 2024 | 4 replies
spoke to a guy earlier this week that has started and sold several. noted if you do not have $2M to start with its probably going to be extremely challenging as you need to get to $200M in originations a year to really make it worth the while as there are specific staff like compliance etc. that are needed from the get go.Having started several businesses i have learned trying to do it with staff and only a few hundred grand will not work.Thats also thing with loan officers, most states now require them to be W2 not 1099.
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6 July 2024 | 18 replies
Mention that you originally agreed to the fee with a marketing component that is not being delivered on.
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5 July 2024 | 19 replies
Originally posted by @Dennis M.