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12 contributions to Mortgage Broker Academy
What y’all doing?
Check in and tell us what’s good! Or make a post with your mid week check in with what you are working on. @Bernadeau Charles @Shaun Combee @Albert Hoskins @Jon Froderberg @Avrom Smith @Cameron Race @Freddy Rivas @Joshua Trujillo
What y’all doing?
1 like • 2d
It’s been a busy week so far at the W2. We have a major new project starting up in Nevada and I’ve been putting in extra hours. I’m working on getting a biweekly check-in set up with my clients for a mixed use property in Massachusetts I’m working on with Malcolm. Continuing to get interest from Pace’s Gator Lender List and responding to messages and emails coming in from there. Had a pretty positive video call with one of these leads on Monday. Attempted to listen to some MBA training this morning on the way in to work but the Skool app wasn’t loading the videos. Figured out it was due to my vpn. Should be good to go tomorrow morning.
Small Mixed Use Property Investor Needs Help
Hello MBA community! Today an investor, Hope D., was referred to me by an acquaintance in the Gator lending community. She needs to refinance a small mixed use property located in North Carolina. It has a commercial space on the first floor and a three bedroom apartment on the second floor. The apartment is rented long term to three tenants, one room each. According to Hope, she had been working with three other lenders, all of whom either were very slow or did not communicate well. She is now up against her deadline to secure new financing. She states she feels that only a private money lender can help her at this point given the time constraint. Is this a reasonable assumption? I’m still early in my training so I’m not yet familiar with all the resources available to us. If both parts of the property are rented she may qualify for a new loan, but given the tight timeframe maybe she needs a short bridge loan?
Small Mixed Use Property Investor Needs Help
0 likes • 5d
@Malcolm Turner But isn’t the total rental income for the property $3k/month? (Retail plus Residential) Does the retail space rent not count? Looks like ChatGPT is indicating that it depends on the lender. This may be part of why the borrower is insisting that only a private lender can help them. A private bridge lender may be willing to count the commercial income whereas other lender types may ignore or heavily discount the commercial income.
0 likes • 5d
@Malcolm Turner thank you for the valuable insights! I sent a follow up email to the borrower/investor. On a side note. In this property the owner set up her own single room occupancy (SRO) arrangement. PadSplit, which is an SRO operator, is growing in popularity. My understanding of the business model is that they sign a lease for the property with the owner, then offer rooms to their “members”. If PadSplit were operating in this market might that meet the rent stability requirement for the lender?
3rd Closing in Sept with…
I just closed my 3rd deal in Sept for a Refi Cash Out in Norfolk, VA with a client in Cincinnati,OH. Funding will take place Thursday. I have 2 more deals that is also at the finish line for this month or the first week of Oct.
3 likes • 6d
Congratulations Todd! Great work!
Newbie question!
What are some effective ways to win trust from borrowers when you’re just starting out?
Newbie question!
3 likes • 10d
I’m learning to partner with more experienced people. For transactional I team up with Ryan Schrope and his Skool community. I met Malcolm in that community which led me here to work with him on commercial deals. When I get to a place where I can venture into my first fix/flip, I have friends here who are experienced in that and willing to help coach me through it. Also, partnering with them will help me to get a better rate from a lender while I’m stacking my first flip HUDs.
2 likes • 9d
@Shonika Proctor Malcolm did exactly this for me recently on a mixed use deal we are working in Massachusetts. Absolutely amazing!
Fired up!
Just wanted to share something with everyone. Over the past few weeks, I poured time and energy into two deals… and both of them fell through. Not gonna lie, it stung. But instead of letting it slow me down, I feel even more fired up. Why? Because I know this business is built on consistency. Deals will come and go, but showing up day after day, running the numbers, making the calls, and staying in the game, that’s what creates momentum. So while I lost two deals, what I really gained was more clarity, more grit, and more motivation to keep pushing forward. Consistency is key, and I’m doubling down. If you’ve hit a wall recently, keep your head up. The next win is always closer than it feels.
4 likes • 10d
Thank you Bernadeau! Keep grinding!
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Jon Froderberg
3
30points to level up
@jon-froderberg-8225
We are Jon & Dione in Scottsdale, AZ. 🌵 Join the Fund To Freedom community! --> https://www.skool.com/signup?ref=974329747e844c52be69188e8923098f

Active 20h ago
Joined Sep 14, 2025
Scottsdale, AZ
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