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Yes, it is a scarlet letter. If you actually respect yourself as a salesperson/business owner, or even just like a human. Imagine lying in every conversation you have, living like a thief, and some dude on the internet still defends you - even though you're too lazy to do your own job. Shout out Chambo, he's holding it down for the scumbags.

Can't do hard money on primary residence. Can do Investment property. If it's a basic hard money property loan, I have been doing a lot of them.....have several lenders I use. Some are blanket loans covering all properties with one loan. Some require loan on each property. You can finance investment property - residential 1 - 4 units, more than 4 units, mixed use properties, land, commercial property, agriculture, etc. One has no Fico requirements. Can get up to 75% Loan to Value cash out on these programs. If Fico below 650, LTV goes down. Here are your options: Bridge loan - 24 months Interest Only - runs around 11%. Can have no prepayment penalty up to 6 months to a year depending on the lender. 10 year interest only, amortized 20 after. This program has a bit of a lower rate and is good for rental properties as it offers the lowest payment. However, it does have a 5.4.3.2.1 prepayment penalty. Thats 5% first year, 4% second year, etc. You can buy down the prepay to 3 years for 1% cost. To 1 year at a 5% cost. AGain there are variations. 30 year fixed.....this is for long term fixed and the rate is the lowest of the two above. It also has the 5,4,3,2,1 prepayment penalty. These loans are NoDoc (no income documentation) or SISA (Stated income stated assets) You can also do a dscr on 1 - 4 units and the rates gets into the 8% range. Reach out with questions or help.

Yea I called them losers, because brokers that buy back door data are losers. They suck, the whoever sells it to them sucks. I'm now on the fence about whether or not you are also in that category LOL

What's your kickback on that Marcus?

Good numbers. - Thanks for the analytics PopCrumbs. Any reason why out of 100 leads, you're not seeing the industry average of at least a 4% closing ratio? www.UccRadar.com – Large sales volume merchants filling out your application.

talking about Energy Drinks ---This is a must try beverage (do not drink more then 2). https://odysseyelixir.com/pages/store-locator

Jeez that picture took up most of my screen, agreed tho

In my opinion a horse responds better to a sugar cube than the whip.. but I guess it can be really situational. But if you think the person needs the whip over the sugar cube cause you think the sugar cube wouldn't work, do you really want to keep that person? Idk..

Respect the **** out of that

Problem will go away when the industry gets regulated out of business. Same thing happened to the mortgage industry. They had fake CPA letters, fake paystubs, fake bank statements, falsified appraisals. All the bad players left the industry.

You think I actually care what you or anyone else thinks about what I posted? Its a public forum, get over it.

It's the classic Yenta Syndrome. Have to be in everyone else's business, even if it has zero bearing on them.

This is just silly amd immature Haven't you figured out by now that this industry is packed with sociopaths, who could care less of your feelings one way or the other? Calling them losers.....like it is some sacred Scarlett Letter? You want to stop these folks, have the merchant prove to the AG of their state that their info is being passed around like a $2 *****. That's the only way to get any results

If youre getting fresh leads from Facebook/Google i'd expect these numbers 60-70% contact rate about 50-60% of them will be qualified to get an app 40-60% should come back 1/3 should see an offer 1/3 should close So If you buy 100 leads you should talk to 60 of them, 30 of them will be qualified, 15 of them will send in paperwork, 5 will get an offer, 1.66 will close Obviously if you can contact 70% over 60% youll be better off, but if you're only talking to 30% of them, thats on your process and technology. Usually a lot of people have this issue to start, low contact rate, or they dont even know what rate their contact is at. Your CRM should help you, do you know what your contact rate is at?

All good. I was actually just projecting my insecurities onto OlderGuy. This is a good topic, feel free to share, and I'll back you up, or shred your argument.

Okay solid just go off on random weird tangents, leaving this here lmao "you derail a perfectly viable topic discussing the merits of workplace efficiency strategies, with your nonsensical, inappropriately placed jokes." I actually think this topic of the thread is really interesting :)

Actually son, I'll stick to whatever topic my al dente spaghetti lands on... if it doesn't fit you, just scurry along there... sorry, not sorry.

Thank you everyone for the comments and feedback. I'm going to try to answer everyone questions the best way I can. First, I do have sales and prospecting experience but honestly, I could probably be better on the prospecting side myself. Also, I'm not looking for some magic bullet or anything and understand things take time. My question really came about when signing up with vendors they are making sound like brokers are getting all these leads. I do have a CRM that is built with a bunch of automation to engage leads and have seen success with it.

The most boomer sarcasm i've ever seen and it wasn't funny lmao Stick to the actual topic of the thread it suits you better

Id just avoid, why not stick to names that are well known? Unless you are getting a personal intro or vouch inside your network, why gamble?

I sent you a Private Message

Lol. Don would be more like an annoying younger brother.

Franklin, they say you are the alter ego of Dumb Leads. In your world like spiderman has black suit spiderman. Whats going on?

First thank you for service, LoneStar Your question isn't very specific so it's hard to give you super specific advice that you'll see immediate results from. The advice mentioned above is all valid and helpful, but you seem to have some clear weaknesses, or at least questions, in your processes. As your background is military, I'd ask if you have any previous sales experience, and previous prospecting experience? Not the same thing, but both equally important and necessary skills, either to use yourself, or to train your team. As you are new, your questions and issues are not atypical, and par for what every newbie goes through. You emphasize spanish speaker... are you targeting the spanish market? I would also ask, how is his accent, and his confidence in the english language, because they both need to be on point if he's doing sales. If he's just opening for you, keep conversations short. It depends on what the issues are with your current leads, which you haven't stated, and whether the leads are even the "real" issue. Google Leads Merchants have a problem they need a solution to right now. Over half will consist of start-ups, low rev merchants or defaults. Are you finding out what their serious issue is, what their goals are, and are you presenting a fast, simple effective solution to reach that goal? Do you have enough lenders to offer different solutions to these merchants? Do you hit the merchants as soon as they come in, and do you follow up continuously until you're able to communicate with them? What is your sense of urgency with these merchants? (it always needs to be high). Are you asking the merchant what he wants to do, or are you gently but firmly directing him? Facebook Leads While these are inbound leads, they have a little more in common with interruption marketing, as the merchant was browsing, relaxing, and then they saw your ad. And there's no guarantee it’s a merchant, as 60-70% of people from facebook ads also usually do not qualify, unless you really know what you are doing. These leads generally require more nurturing. You also need to pin them down earlier as to when they are looking to move, because you want to give your time to merchants who allow you to drag them to the finish line. You should have a working pitch that you/your team uses each time. You don't wing it when you are a newbie, you need to have a working process that you are following. Right now it's trial and error for you. Keep track of the things that have worked, and make it part of a repeatable process. It's ideal to work for a company first that does this, but you may have moved past that point already, with your current capital outlays and commitments. If you want to talk further, feel free to reach out to me. www.UccRadar.com – Large sales volume merchants filling out your application.

All we do are credit card sales based MCA's via direct split or Lockbox.