This is a great question to start with, I appreciate that you mention you're familiar with many strategies in concept.

Feel free to reach out if you ever have any lending related questions.

There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.

My question is: On new loans-how can we collect from each investor a small fee for our monthly services. 

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

Quote from @Chad Swartz: Good question, BruceI have the same question so thank you for posting.

If I’m misreading your question let me know.  

I know its not a huge spread but like I said I wanted to try something new.Hey Jonah, Congrats on a good deal, to only need a few cosmetic touches and to get that nice little bounce in value is awesome.And 7% is probably a pretty solid estimate (usually based on FICO) but I think the important question that you are asking is what is your long term strategy with it?

Would love to connect if you have any questions.

So you may only find 30-40 previous times this question’s been asked.