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05-09-2018, 02:40 PM #11
- Join Date
- Jun 2017
- Posts
- 2,049
LOL, Everyone knows Sam.
Ive seen the backend and functionality of lendersbox - it was kinda nice....
but....
The numbers just dont work. In order to do it right..... the platform would need to pull credit, run background, do everything and compile for lenders.
Then still take enough money from lender/broker per deal to cover expenses. all that upfront cost for deals that wont close adds up.
If they dont get in way of sales commission then the lenders have to be paying - someone has to offset the cost... and it needs to be beneficial.
its not IMPOSSIBLE. But will require heavy backing and relationships
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