Instead of attempting to keep a borrower on the constant edge of failure and earning less, it's actually more profitable in the long run to advance your borrower more like a partner than a servant.Many borrowers also assume they can't get conventional financing, while I know some HMLs point them in the right direction, I'm sure there are just as many who would allow that borrower to continue thinking that the HML is his only hope.With that, if HMLs were to address a better standard of ethical and moral conduct thier public standing would certainly improve, being known as a specialty lender than a "hard money" loan shark.

Have you tried Property Shark dot com ?

She said you can bundle 2-10 into a commercial loan (a dispersed multi-fam if you will), gets you back down to your OO home and one commercial. 8 more slots to fill?

You have to be put in touch with the people who need to get rid of a house or are shy about scary shark investors.

There are a lot of sharks out there that would love to part you from your money.Good luck.

Great interview with Daymond John from Shark Tank.

I got licensed, survived by rolling pennies(literally for diapers), invested, borrowed at loan shark rates, paid everyone off, made profit, created a business and retired 25 years later.

It reminds me of the TV show Shark Tank.

Flipper,Property Shark does not provide coverage in my area.I don't see a title company providing any free services since if the properties were bought at trustee sales, there would be no need for Title company services.I did call around to several title companies and they want to sell two individual reports; Judgments/Liens, and then a loan report.

It is not an institutional problem it is a systemic problem, the sharks are circling for the free money hand outs and the new compliance people (hell I am trying this new niche out) are looking for ways to become vendors or oversight people to collect the giveaways.I will say it again the ugly is only just started.