PLP-098: 6 Warning Signs Your Borrower May Be In Trouble
6 Signs your borrower may be in trouble 1. Sudden lack or stoppage of regular communication 2. Late payments/returned 3. They ask you if you can lend them “just a little more” 4. You have to chase them for an update 5. They don’t want you visiting the property 6. Talk about changing exit strategies that require you to “stay in…
PLP-096 Four things to consider when selecting a note servicing company
We’ve already discussed why you should use a note servicing company in Episode 55. but today I thought I would shed some light on the things you should consider when you are in the process of selecting one to be added to your team of professionals. Reasons to use a note servicing company Reason #1: they…
PLP-063 The Difference Between Hard Money And Private Money
They say that hard money lenders are the solution to any real estate investor’s funding impasse. On top of that, there’s been an evident confusion on the difference between hard and private money. What are the distinctions despite seen similarities? Which one should you prefer if you wanted to scale up your business? Learn…