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

Something I’m starting to notice as I build this transactional funding business… I’ve made a LOT of connections and have had around 20 deals submitted since I started. And I’m realizing there’s a huge difference between quantity of leads and quality of leads. And I don’t mean that disrespectfully at all. Everyone starts somewhere, and I actually enjoy helping people learn. But I’m noticing many of the people I connect with are brand new investors who are also brand new to transactional funding. So there can be a lot of education, explaining, back and forth, figuring out the deal, and sometimes the deal was never really ready to close in the first place. Then I’ll get a call from a seasoned investor: “I need EMD for this deal.” They understand the structure. They have the contract. They know what they need. I explain the upfront fee. “Yep. No problem. What do you need from me?” And we MOVE. It’s been really interesting to see the difference. I think one of my biggest lessons right now is that I don't necessarily need more leads. I need to keep building relationships with more active investors who are consistently doing deals. I absolutely still want to help newer investors and build those relationships too, because today’s beginner could become someone doing 20 deals a year. But I’m learning that 100 connections don’t necessarily equal 100 opportunities. Sometimes 5 relationships with people who are actively buying and closing real estate are worth far more. Curious if anyone else has noticed this as they’ve grown their business. How have you gotten yourself in front of more seasoned, active investors?

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! 🔥

Hello friends! How do I find out the fees/rates for the DSCR and Hard Money loans? My borrower is asking. Thank you!

Let's review one of our recent EMD deals. The deal: a buyer had a 75 unit purchase under contract in Houston, two buildings, and needed $20,000 in earnest money he did not have liquid. 📅 Early March. The request comes in and our team reviews it. We look at the contract, the structure, and confirm the earnest money is refundable during due diligence. ✅ 📅 March 11. The buyer pays our minimum upfront fee. ✅ 📅 March 12. We wire the $20,000 earnest money into escrow. The buyer now controlled a 75 unit deal on the strength of our funds. 📅 The next few weeks. The money sits in escrow through the due diligence period while the buyer works the deal. 📅 April 7. Twenty six days after we funded, the deal has not make it to the closing table and we cancel prior to the end of the refundable period. The full $20,000 was wired right back to us. The question is always, "how much did we make?" We covered capital with the upfront fee, but didn't make profits because we had to cancel. If the deal had closed, we would have earned our 20 percent fee at closing. Unfortunately, it did not close, but fortunately we had all the right docs and agreements in place so we came out clean. And that is a painful truth about EMD. A high percentage of them do not close. Our money was out for 26 days, fully exposed to the deal, and it came back because we protect it with a refundable structure. We earn the upfront fee and that covered our expenses. This is why we tell you to use EMD to learn the game and cut your teeth, but to put your real energy into Morby/Stack method deals, where we have found better and more frequent paydays. Questions on how any of this works? Ask below. This is what the community is for. 👇