I'm interested who in this group can manage EMD completely independently and might want referrals on deals that offer high payouts at close but need lower upfront fees that we charge. We might be able to refer some periodically. I'll check on this kind of these at times to make sure I understand our group skills. :) @Khalil Yusuf @Mandy Cartagena @Kathleen Miller @Jamey Marcos @Brenda Villafranco

What a time to be alive! The Month of June + July 1st: 2 Double Closes and 4 Stack Method deals funded and Closed with my own funds! 🚀 A lot of hard work and perseverance got me to where I am now. A lot of people didn’t believe in me, was not welcomed to join in rooms with others who have been successful and was told I couldn’t make this business work because I’m a Mom of 2 babies under 5yrs old with a W2. I dealt with a lot of disappointments and mindset setbacks, but I kept 👏 on👏 going👏 I funded $878,772.41 of my own funds and made a profit of $16,395.85!!!!!! I am so so grateful for God, my husband, and the handful of folks that believed & supported me (you know who you are 😉). THANK YOU! 🙏 Looking forward to keeping the momentum! 🔥

I haven’t Mortgage Broker that is bringing me clients and they typically charge their 1% on top of our fee. But we have a multimillion double clothes. He’s bringing to the table and doesn’t want to charge the client, which is his friend one percent on top of our fee and would like to have a referral fee from me instead. And I’m totally fine with that. My question is on the JV agreement, would you specify that the referral fee is only provided if he is not charging his Mortgage Broker fee to the client? And a separate question is how would you do your referral fee with somebody like this? Would you still provide them a referral fee even if they’re charging the client they’re one percent Mortgage Broker fee? If you have a DV agreement with the Mortgage Broker and are open to sharing how you put that document together with me, I greatly appreciate it!

Real deal example. Commercial acquisition in Florida. Purchase price: $13 MILLION. 🏢💸 The buyer had everything lined up… except the $130,000 earnest money. So we showed up with it. 💪 💵 Upfront fee: 5% ... collected upfront. 📈 And if it had closed? Another 20% waiting at the closing table! Unfortunately, this one didn't close. 😬 Died in due diligence, and EMD came right back. But the upfront fee paid the cost of capital and operations, so all was good. We need to swing to get a hit. Who's bringing us the next one ... the one that will close? 👀 😉

Has anyone been using Chase Bank to support funding Morby Method transactions? I'm having a bit of a scare with Relay bank freezing people's accounts and not returning funds to folks. So, I'm hesitant on using them.... If you're not using Chase bank but use another bank, which has been a good experience for you ?