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!

Large multi family 25 milliin. With seller financing they want 50% down and a DSCR wants 20% down. Which in $ it's 12.5M for 50% down and 4.8M with the DSCR loan. Curious how to offer ideas or options to him? They wanted 33M for the purchase price. Got them down to 25M, no balloon, 3-4% interest. I said they're crazy for asking 50% down to do seller financing. They having 100M+ in real estate. They're getting rid of it because the guys dad wants out to fully retire. Thanks everyone. I want to post here incase it's helpful for everyone.

Hi all, I have someone who is needing 74k for closing costs by next week. He reached out to me. I am still learning here, but not sure how to handle this one. I assume this is more PML? He wants to wait 2 months or so after close and refy to pay it back. Thanks everyone

Good morning everyone. I have been pretty quiet in this group for the past month or so. Not the way I was hoping to start 2026, but I am back. I was out of town for the first week and a half of January and when I got back I fell ill. My Dr thinks it might have been a reaction to some new medication I was taking. Anyways, the important thing is I am back, feeling much better and ready to keep moiving forward. Lets do this!!!👍💪

I have a gal I have been building a relationship with who does Morby Methods for multifamily. She asked me yesterday if we go on the LLC. She said many dont but some lenders require it. She is hoping we can. I am curious about this one and not sure how to answer @Paul Brown I appreciatethe help with this one and to learn!!