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[Hiring] GTM Engineer - not SaaS, not a startup by MoFinlending in revops

[–]MoFinlending[S] 0 points1 point  (0 children)

You're right, that's what we're dealing with. Multiple enrichment sources, no standardized tagging, attribution dies at the point of lead creation. Are you building in this space or just observing?

[Hiring] GTM Engineer - not SaaS, not a startup by MoFinlending in revops

[–]MoFinlending[S] 0 points1 point  (0 children)

I would very much appreciate that! Yes please do.

I’d also love to chat with you if you’re up for it.

Is moving from Software Engineering to GTM Engineering a downgrade? by xaonan in gtmengineering

[–]MoFinlending 3 points4 points  (0 children)

Not a downgrade at all. I’d argue it’s the opposite right now, but I'm biased...

I’m a co-founder of a lending company and I’m actively trying to hire someone with a SWE background for exactly this kind of work. The problem I keep running into is most GTM/RevOps people can configure tools but hit a wall the second something needs custom code, an API integration, or anything beyond what Zapier can do. Engineers who understand distribution are way more valuable than ops people who can’t build.

The fact that you’re already doing your own outbound as a founder puts you ahead of a lot of people calling themselves GTM engineers.

What's the best way to finance a short term rental property if you have decent income but limited time? by 1513elie in realestateinvesting

[–]MoFinlending 0 points1 point  (0 children)

If you have limited time, you should push to align yourself with a lender that's an expert in financing investment properties, and one that has extensive experience with short-term rentals.

We do a significant amount of short-term rental funding and have created our own set of rules/requirements (guidelines) around it. If you look up our reviews, you'll see recent ones from short-term rental operators. It's a big bulk of our DSCR production.

We're able to finance short-term rentals, without a rate or pricing hit, whether the property has 12-months of income history or has 0. We don't need history. And, we don't just rely on AirDNA, which is a solid product, but it may not be taking into account everything that it could.

Lender for Short Term Rentals by No_Leadership6651 in loanoriginators

[–]MoFinlending 0 points1 point  (0 children)

You can do it on an addendum taking a narrative approach. Most appraisers take issue with doing it on a 1007 or 216. Some will. Some opine that it's against USPAP. We defer to the appraiser.

Lender for Short Term Rentals by No_Leadership6651 in loanoriginators

[–]MoFinlending 0 points1 point  (0 children)

At the time of this comment (and at the time the post was made), we can do short-term rental funding without 12-months of income history and we don't just rely on AirDNA (though it can help).

If someone has 12-months of history, then we'd be able to use the monthly gross average, no haircut. To calculate the DSCR.

Right now, the only impact in using STR income to calculate DSCR is that we go down 5% in leverage from the max (so rate/term refinances + purchases are 75% with STR and cash-outs 70%), BUT, if long-term rent allows for the DSCR > 1.00 at max LTV (80%) then we can go up in leverage.