[FCF Fund]

Greetings all!

This is my first post but I have been lurking around for a few weeks. Just need assistance with a few questions:

1. What is a buy-in rate? I Googled to the end of the world but couldn't find anything. I understand points but the buy-in rate is throwing me for a loop.

2. Should we use our own portal to submit deals OR should we partner with a marketplace like NAV and submit deals directly through them? Also, does NAV service A-E?

3. If we opt to use our own database of funders is this a good list to start with (this list was found on DF):


A: OnDeck, Credibly
B/C: Everest, Knight
D: Mantis, LCF
High-Risk: East Shore Equities


We definitely want to keep our go to lenders list short. I'm all about simplicity and efficiency. The idea of the shotgun approach triggers my anxiety lol. We just need a short and solid list of reputable funders that can assist our A-E leads.

Thank you all in advance for your help! Enable GingerCannot connect to Ginger Check your internet connection
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1. Buy Rate is your wholesale costs, any points above that is your commission. So for instance a 1.34 BR + 10pts = 1.44 sell rate.

2. If you use a platform like Nav then you will likely make less commissions because they do dont shop your deal for free. Get your own CRM to track deals etc

3. Plenty of funders on here and advertise to the right of this page to start with. Your A paper looks fine, may want to add 1-2 depending on your niches and credit types etc.

[TheWhosWho]

Oh I see it now! Thanks for breaking that down to me.

I notice that there are many funders. I'll do more research throughout this forum and try a few. Thanks again!

[TheWhosWho]

1. Buy Rate is your wholesale costs, any points above that is your commission. So for instance a 1.34 BR + 10pts = 1.44 sell rate.

2. If you use a platform like Nav then you will likely make less commissions because they do dont shop your deal for free. Get your own CRM to track deals etc

3. Plenty of funders on here and advertise to the right of this page to start with. Your A paper looks fine, may want to add 1-2 depending on your niches and credit types etc.

Thank you! I get it now!