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22 November 2013 | 20 replies
Collect Finders Fees(only if you are finding properties for a real estate agent/investor and are able to convince them to be their assistant) -This is similar to bird dogging, but now you are marketing the property for this investor/agent and instead of finding a property, you are now finding a buyer.
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19 November 2013 | 6 replies
Our retail buyer will wire in the funds, and you will be paid off your 110k and my company will collect the difference.Hows that sound?
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3 May 2014 | 29 replies
Private lenders who may charge fees probably can get away with it if not objected to in a closing (like by a title company) but that can become an issue at payoff, in collections or default situations and if the lender is in violation, penalties can be applied.I, as a broker had originations of hard money from 1 to 2 points and origination fees, they were in line with secondary market costs but with a higher rate and usually at 10%.
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5 December 2015 | 16 replies
@Will Barnard , NRD notes are those that prohibit the lender from having any other recourse in collecting amounts due other than accepting the collateral.
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19 November 2013 | 7 replies
Their price is higher because they actually collect primary data from sources such as county courthouses, etc.
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20 November 2013 | 8 replies
Around here that's 10% of the collected rent plus half to a full months rent for filling a vacancy.
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24 November 2013 | 16 replies
For example, I am using currently one Dropbox folder to collect and share all closing documents with relavent- loan, title, Realtor, insurance, Apprasors, etc for a closing I'm working on.
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19 November 2013 | 2 replies
(maybe water, garbage collect) These are just "numbers" like they are presented in every multi family, Commercial property.My guess is that reality is always different.
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20 November 2013 | 14 replies
LENDER'S RIGHT TO RECEIVE AND COLLECT RENTS, Lender shall have the right at any time, even though no default shall have occurred under this Assignment, to collect and receive Rents.
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7 January 2014 | 1 reply
The robot could collect your personal information, phone number, etc. before letting you in and turning on the lights.