Well here's a theory floated by one of my bank loan officers.Since I used business funds (business Credit Line) to purchase the property, technically the business can record a mortgage on the property.

Start with the capital you have, move forward with the project, build the track record and continue establishing and building relationships in the meantime.

Or this is an expected question that should be asked every time until you build up a relationship of trust.It's one of those things, do I trust until someone gives me a reason not to, or do I not trust them until their track record proves that I can?

💥It will take place this Wed. 1/15 at 4pm CSTPlease comment below if you’re interested in joining or DM me your email address so I can send you an invite.We will be recording as well.

If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process as well as giving me data about their timeliness/responsiveness/respect for others' time.At the showing, I collect their completed application (sent via PDF prior or filled out on premises), scan their photo ID and last 2 pay stubs.Then, I do some digging around online (social media, court records, Google) and if it looks like they are representing themselves to me accurately, I contact them to set up a "contract to hold" meeting - usually the day after the showing since qualified applicants need to be "closed" ASAP.

Especially if I dont have  a lot of equity or a rental income record.

Matt says to include:1. track record - bio/team members/skills/experience2. financial capacity - how much you are bankable for and how much equity you can bring to the table3. number of units/size of deals4. locations you're interested in 5. property condition (A/B/C/D?)

I have an emailed copy of the executed deed from the law firm, it has been uploaded for e-recording, so I guess it's not technically recorded yet.

The term “advertising,” for purposes of this rule, in addition to traditional print, radio, and television advertising, also includes, but is not limited to, sources of communication available to the public such as signs, flyers, letterheads, e-mail signatures, websites, social media communications, and video or audio recordings transmitted through internet or broadcast streaming.

For a contractor that has a track record to tie up the lot and offer as a build to suit  or have a design drawn up that's specific to that lot and then presell it's much easier.