
25 May 2023 | 16 replies
., residential or commercial 2- the purpose of the note - purchase a SFR as an investment vs as a place to live3 - whether the note is one originated to institutional standards, or a product of an owner financing/seller financing transaction4 - whether the note was originated as a high interest note5 - the state the property is located in6 - whether the funds provided as proceeds were used for a business purpose or a consumer purpose7- whether as a “broker” you will be originating notes or facilitating the exchange of existing notes8 - whether you will be servicing these notes 9- whether “brokering” includes syndication, or sale of a “fractionalized” interest. so, there are 3 levels of governmental regulation, depending on the above, as well as some other investment croteriaLevel 1 is Federal - Dodd Frank Act and or Consumer Finance Protection BureauLevel 2 is State - Licensing as a mortgage broker, commercial mortgage broker, real estate agent, consumer lender, etc.Level 3 is back to Federal - is the offering of a note for sale a security?

19 June 2018 | 3 replies
@Jeremy Klein you have many options here including these which you may want to explore:- A personal loan- A 0% short term line of credit from your current lending institution-Private money -Credit Cards (not the best option)-HELOC (Also may not be the best option)-Peer to peer lendingTalk to the financial institutions that you have a relationship with, they may be able to offer you funding with competitive rates.

30 January 2023 | 7 replies
As with any form of mortgage agreement and legally binding real estate contract, it’s important to do your research, and consult with a qualified professional upfront.Let’s look at the most common types of seller financing arrangements:Land contracts: A land contract is an agreement to purchase a piece of real estate that involves buyers borrowing money from the real estate owner until the purchase price is paid in full, rather than from a bank, credit union or financial institution.

20 May 2023 | 9 replies
More institutional-style lenders like us aren't going to vary a ton on DSCR products.

5 November 2015 | 11 replies
The transfer of the insurance is usually the trigger to the lending institution that there's been a transfer in title.

19 May 2023 | 1 reply
Also visit real estate groups on meetup.com such as the Real Estate Wealth Institute.

25 March 2017 | 36 replies
Every institution has their own criteria.

30 December 2022 | 4 replies
Wholesale lenders are institutional investors and have their own overhead including underwriting/processing/AE's.As a broker, you could potentially get a warehouse line of credit to table fund deals (aka correspondent lender) and then sell those loans in the secondary market but that comes with its own set of regulations (including, but not limited to, having an in-house underwriter/servicing company etc).
18 November 2020 | 10 replies
ibuyers are institutional buyers such as opendoor or offerpad or zillow just to name a few.
25 February 2019 | 31 replies
I would highly recommend instituting minimum screening criteria when screening applicants before you show them the property.