George Ramsay
Connecting to REO agents
16 April 2012 | 14 replies
As an REO broker, I always see little gifts coming into the office for my Offer submission agent.
Taylor Shapiro
Online "shotgun" marketing
13 February 2013 | 3 replies
I vaguely remember stumbling upon a website that allowed users advertise their rental property and upon submission would "shotgun" the ad out to dozens of other online sites that tenants use as a way to search for properties.
Chudney Wesley
DTI ratio too high because I haven't had my rental properties for 2 years?
18 October 2018 | 23 replies
I would get a couple more opinions, from the post the LO sounds like he maybe setting up your application wrong and thus all submissions will come back as rejections.
Joshua Dorkin
BP Update 6.5.1 - Group Forum Activity Fix
25 January 2012 | 1 reply
When you post a reply, the "Post Reply" button will change to say "Posting" to let you know that the system is processing your submission.
Ryan Novak
Marketing Strategies
10 January 2016 | 11 replies
Not a form submission; just a CLICK.This game is being played by people that do the marketing, and go to the auctions, and troll the MLS, and network, etc. etc.
Emily Gruzinski
Has anyone used dohardmoney.com?
25 September 2018 | 12 replies
I've included her hoping she will respond and clear it up, I've been looking at them as wellChristi don't think that's correct you have to pay the 3k up front .. you do get their books and tapes.. and you do get a rebate if they fund.. but if you can't find a deal that meets their criteria they keep the 3k and your out that and your submission fee and your appraisal fee and your EM.
John Kesner
Scams!! Lets hear what scams are out there!
23 April 2017 | 18 replies
Loan submission fees are getting a little more commonplace if $500 or under, anyone looking for anything above that I would stay away from.
Account Closed
How to properly vet a lender?
7 January 2017 | 4 replies
The next thing to do is ask for their guidelines and a loan submission package as well as a breakdown of their Rates & Fees.
Jason Hatfield
Upfront Fees for a Hard Money Lender
10 July 2015 | 7 replies
I wanted to ask if the following fees seem in line for a Hard Money Loan: $700 at time of application submission for SOW Review, Renovation Cost Validation and an Appraisal.$175 Draw Schedule Review$235 Document Processing$350 Lenders AttorneyI've only used HM once before on a flip I did in 2005 in Massachusetts.
Richard Florestan
Loan Officer / Bankers - How to find the best ones to work with
23 February 2017 | 1 reply
I guess I would start by asking the LO what the best ways are to communicate with them, what times they are available and for them to lay out the entire process for you - one day for preapproval, three days for loan submission, five days for underwriting, seven days for appraisal, etc.People typically find the LO most responsive up to the point your loan is submitted.