WHY because as hardmoney lenders they have more control over there capital.I have been one over the last 30 years my last shop was 35 million so we were not tiny but we were not SEattle funding either.. more on the line of East side or vestus.Borrowers just don't jump ship for 1% or a little cheaper.. they will stick with who will allow them to scale.so when I want to do a 100% deal for one of my long time borrowers no problem. your not going to be able to compete.. the day of 20% plus rates are gone of course.But the portals all want to make 14 to 18% apr just like the HML companies.Can you take market share no doubt but you will have to build it just like I built my companies excellent customer service and flexibility.. right now the Portals like RS have very stringent underwriting they cannot compete with many of the local guys in this market that have 10 to 30 mil to lend. and there is only so much hard money demand in a given market as we know.Vestus and East side get a lot of their business by providing capital to buy at courthouse steps this is highly complicated and lots of moving parts your portals will no way be able to compete at that level.Were I can see a portal doing well though is with bigger funding deals that the HML won't take on.. like larger credit type lines etc we have had some interest from portals for this.. and its not at all competition with the local guys.

I'm having faith that whatever I decide, it will work out as well but I must be smart about this, can't throw it all in the air and see what sticks in this situation.  

you end up after a few with a list of contacts who you can use the collective knowledge on to everyones gain.With regard to legal advice, i'm sadly unqualified.....I have heard of people leafleting, putting postcards up in shop windows etc with success and even bandit boarding.

Also consider driving for dollars, posting signs at coffee shops, etc. 9.

Removing PMI is a smart decision it's money that does nothing for you.

Madison Street has a pretty decent shopping/restaurant district.  

I just re-upload the credit report that the underwriter has already scrutinized a second time, and tag it as being for that condition like a smart-***.

I'm just happy that I was smart enough to keep half of the original draw or I'd really be up a creek.

hi everyone I recently purchased a home in Montclair and am going to pretty much renovate the entire house from paint, floor, cabinets, tops, doors, windows and landscape.Wanted to ask the Southern California bp comminuty and get your input as to where you guys shop for materials such as cabinets, countertops, paint, floor etc.Thanks!

Compare that to the last time you looked at your smart phone.