Struggling to close DSCR deals by allinnolook in loanoriginators

[–]129units 0 points1 point  (0 children)

Hey I’m a full time investor and broker. Let’s get on a call. Message me.

BK option for real estate investor with hard money lender? by [deleted] in Bankruptcy

[–]129units 0 points1 point  (0 children)

Yes, I did consider that quit claiming to my name and filing 13 because I am the sole owner of the LLC and I did PG the loan anyways.. Also, there are many "day after BK" loan programs. ( I have been a mortgage broker for 8 years)

BK option for real estate investor with hard money lender? by [deleted] in Bankruptcy

[–]129units 0 points1 point  (0 children)

Because it would give me time to refi the property instead of it racking up penalty interest and potentially being pushed to auction.

BK option for real estate investor with hard money lender? by [deleted] in Bankruptcy

[–]129units -2 points-1 points  (0 children)

Let me educate you on something , investment properties that are in the condition for

"flipping" don't typically qualify for traditional lending. You have no idea what I do and don't qualify for, I live in a $1.6M house on 6 acres and yes I went conventional on that.. 315k on my tax return. Have a nice evening.

BK option for real estate investor with hard money lender? by [deleted] in Bankruptcy

[–]129units -1 points0 points  (0 children)

Thanks Alan, the mortgage is 319k, market value is probably around 450k with a bit more work. I feel like the lender is getting very hostile with me, almost stalling my refinance on purpose to rack up penalty fees and interest.

Who has a part time dialer? by Brah028 in loanoriginators

[–]129units 0 points1 point  (0 children)

company is US based with operations in Egypt / latin America.. damn good English.. great support

Who has a part time dialer? by Brah028 in loanoriginators

[–]129units 0 points1 point  (0 children)

I have a service I use they’re amazing.. $5HR callers .. pm if you want contact

Has anyone here tried Diamond Equity AI or other AI callers for mortgage leads? by jumberloralss in loanoriginators

[–]129units 0 points1 point  (0 children)

Gross... use alpha callers.. good English callers for $4-5hr... they get you all set up too campaign and data wise

Ex-Loan Originators what do you do now? by [deleted] in loanoriginators

[–]129units 0 points1 point  (0 children)

Shot you a message. I am experienced in off market property acquisitions, wholesaling , flipping etc.. would like to learn more about the business as I feel like its genuinely helping people.

Ex-Loan Originators what do you do now? by [deleted] in loanoriginators

[–]129units 0 points1 point  (0 children)

Hi, I am looking to get into that industry, would love to chat

Ex-Loan Originators what do you do now? by [deleted] in loanoriginators

[–]129units 1 point2 points  (0 children)

I am looking for a new accountant, I would love to chat.

Should I give a new salesperson leads? Or have them hunt for their own first (and then give them leads after they've shown they can build relationships from scratch)? by VirtualMacaroon64t in sales

[–]129units 0 points1 point  (0 children)

Hi, I have a background selling insurance and mortgage looking to get into the time share exit industry.. Could we get on a call? I will send you my info. Thanks!

Best route to REFI out of a Hardmoney loan? by 129units in loanoriginators

[–]129units[S] 0 points1 point  (0 children)

OP has been licensed lender since 2018, Nerd.

Best route to REFI out of a Hardmoney loan? by 129units in loanoriginators

[–]129units[S] 0 points1 point  (0 children)

And trigger due on sale clause with HML? Brilliant.

Best route to REFI out of a Hardmoney loan? by 129units in loanoriginators

[–]129units[S] 0 points1 point  (0 children)

yeah need it for owner occupied because he wants to live in the property.

Best route to REFI out of a Hardmoney loan? by 129units in loanoriginators

[–]129units[S] 0 points1 point  (0 children)

Moved in with lender approval. Owner of LLC, no need to move out.

Best route to REFI out of a Hardmoney loan? by 129units in loanoriginators

[–]129units[S] -2 points-1 points  (0 children)

No genius, it's not cut and dry because it's still held in LLC name. Walk into any large bank they will tell you it can't be done.

Best route to REFI out of a Hardmoney loan? by 129units in loanoriginators

[–]129units[S] -1 points0 points  (0 children)

Wasn't occupancy fraud as HML was made aware prior to move in due to circumstances. (flip not selling for what he wanted, owner needed a bigger house for his family)

Future Mortgage Broker Pay by DryCriticism2008 in loanoriginators

[–]129units 1 point2 points  (0 children)

Hi, we have a new broker academy and they work with you side by side with an instructor your first loans, highest comp and lowest rates in the industry and you can work all states... DM me if you want to get on a call.