Results 1 to 8 of 8
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01-16-2020, 02:35 PM #1
- Join Date
- Sep 2019
- Posts
- 402
How to get poor
Fund crappy deals.
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01-17-2020, 01:44 PM #2
- Join Date
- Aug 2019
- Location
- Recently un-retired, "shocked" that nothing has changed.
- Posts
- 116
Plenty of the default lenders are rolling in dough.
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01-17-2020, 02:05 PM #3
- Join Date
- Jan 2019
- Posts
- 140
Think about it like this:
Investor gives you 1M to fund deals. Take that 1M and put it into ****ty deals with "Underwriting Fees" of 10%, you just made yourself a $100k.
(This is not including management fee's, comm and deals that make full RTR)
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01-17-2020, 02:23 PM #4
- Join Date
- Feb 2017
- Posts
- 157
I wonder how many of those investors make any money with those funders
PDM Capital
39 Broadway
New York, NY 10006
646-876-1055
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01-17-2020, 02:38 PM #5
- Join Date
- Dec 2013
- Posts
- 4,713
It all catches up. Looks very easy .. Managing and building successful funding firm is like building the Perfect Swiss Watch --- that has many Supercomplication that must interact with one another with a center wheel you have the valves and Oscillation and so on.... 1 off and it eventually wont pull the Feb 29 sometimes it takes time (no pun intended) to realize that its not going to work out. funding amounts per day is perhaps just the chime of the watch but it wont tell you about the inner wheels and balances being off.
Last edited by mcaguru; 01-17-2020 at 02:41 PM.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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01-17-2020, 02:55 PM #6
- Join Date
- May 2019
- Posts
- 60
Wow Marcus.
You've inspired me to try a metaphor of my own with something I know everything about
Running a funding company is like maintaining a Ferrari. There's a steering wheel and then you've got that thing... with the power... right, the engine. The pistons make the engine thing go vroom and screws for the wheels are also a thing (I know a lot about cars). If even a single wheel is missing the car will just look pretty and can't be driven -- unless there's a scratch on it and someone painted it bright pink-- in which case it won't look pretty. The key to fueling a great funding shop is all about the nuts and bolts
In closing
- Send me deals
- how do I even have time for this with all these DEALS we're funding!
- I can compete with Ondeck and Square
- Wow so many Iso's
- You hate us cuz you ain't us
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01-17-2020, 03:55 PM #7
- Join Date
- Oct 2016
- Posts
- 4,318
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01-20-2020, 08:32 PM #8
- Join Date
- Aug 2019
- Location
- Recently un-retired, "shocked" that nothing has changed.
- Posts
- 116
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