1️⃣ Who went to a meetup in January or one or more scheduled for February on their calendar? 2️⃣ Have you gone through Phase II Module 3 on Meetups? 👉 Please go through it and let me more about the additional things you do or have heard that can help us all be more productive at out local meetups.

I have a potential client with some specific questions about double close. I could answer some of them, but not all... My responses (based on my current understanding) are in parenthesis… —- Was hoping you could answer these questions before we start on a real-estate transaction. 1. Do you fund 100% of the A→B purchase price, including closing costs? (obviously, yes) 2. Is the funding non-recourse to me personally? (I'm assuming yes) 3. Do you require a credit check, background check, or financial statement from me? (no) 4. When and how are your fees paid—strictly from the B→C closing proceeds? (yes, strictly from proceeds) 5. Do you require earnest money from me at any point? (no) 6. What minimum end-buyer documentation do you require before funding? (this I don't know) Follow-up: Proof of funds from end buyer? Signed B→C purchase agreement? End buyer’s wire confirmation? 7. How long can your funds remain in the deal (same-day, 24-hour, 48-hour)? (usually same day, but under what conditions would more be necessary and what is the extra fee?) 8. Do you work with my chosen title company in Pennsylvania, or only preferred closers? (yes -- assuming they agree to escrow instructions) 9. What happens if the end buyer fails to fund on the day of closing? (we simply don't send the funds because we are the last step in the transaction) 10. Can you provide a redacted ALTA/HUD from a completed transaction? (I'm assuming yes, and I'm assuming you can provide those.) Thanks!

We decided a year ago to exit this space, so I'm always interested in who is doing this kind of lending currently. Not interested in brokers, just lenders. 😁

I think I picked up something traveling and I'm out for the day. Apologies for the delay in responses to DMs or comments. Keep after it!

I talked on the phone today and texted with another about lending opportunites through Transactional Funding/Real Quick Loans. It was scary but I did it. I hope I didn't sound like a total idiot but, I had real conversations with human beings! Also, and forgive me if we've been over this...where to fix n flippers fit into our funding boxes? Or HOW do/can we get them to fit in those boxes?