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05-14-2018, 10:50 AM #31
multiple issues with this for one, security of ones personal data and how are they different from the other portals https://www.funderscloud.com/main#/ that allow you to submit to all the lenders at once ?
i can tell you as a lender that this isnt something we would use, i could see if there was a shortage of business and you needed to source more deals, but that isnt the case - and now that youve submitted your delals to this portal " they own them" - i can't see Can, Credibly, Sfs, Bfs etc. using this - and of the broker was experienced and has relationships with lenders why would they want to change this... good idea, short lived.Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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