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Open Discussion + Q&A is happening in 31 hours
Available for a phone call?
@Paul Brown @Justin Pilakka do either of you have time to jump on a call with me? I can email you the details before the call if thatโ€™s helpful.
$1M down payment needed for a few hours.
Iโ€™m new here. I recently had a conversation with a buyer who needs about $1M for a group of properties he is buying in Houston, TX. He submits everything through his team, so I donโ€™t have all the details. Whatโ€™s my next step? Iโ€™ve seen the HUD, and he would like to close early next week. He does a lot of deals so I think this would be a great contact. Full disclosure: I did submit this to a lender in the new Gator Challenge (Pace Morby), however itโ€™s a brand new relationship and I have no visibility into the process as the buyer had his team fill out the application. Iโ€™m not sure if or when they will fund it so I thought maybe we could reach out to the buyer and see if we can get them taken care of.
I've got a deal !
My client is closing on two townhomes in Maryland. He needs funds ($143k for the renovation ) @18% per anum, for 4 months. The townhouses are the collateral I need help closing this deal. I'm open to JV 50/50.
Looking for transactional funding partner.
I have a buyer who is using morby method. He needs transactional funding. Since this is my first stack method deal may have to involve two title companies need some guidance. We can share the fee
๐ŸŒŸ What's Possible w Transactional Funding โ€” Real #'s This Week
What's up TF Hub ! ๐Ÿ‘‹ I want to share something real with you this week ... not to flex, but because I want you to actually see what these methods can produce when you put them to work and be patient with the process. This week we funded 6 Morby Method / Stack Method deals. Six deals. One week. ๐Ÿ’ฅ Gross funding fees? Around $45,000. And here's what makes it even better ... that $45,000 doesn't tell the whole story. We referred the DSCR loans and at a 20% share of that commission it will add ~$20,000 in referral commissions on top. ๐Ÿคฏ We're talking closer to $65,000 from one week. ๐Ÿ”ฅ This is what transactional funding looks like in practice. It's not theory. It's definitely a great week for us, but this is a repeatable process that works when you "run with patience" your transactional funding race before you. You have access to the same tools. The same methods. The same white label website that makes this possible. This is not a sprint, but it does require us to push forward and be patient at the same time. Drop your biggest roadblock in the comments and let's talk through them. That's exactly what this community is here for. ๐Ÿ’ช
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