The Fi Couple

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Robin SimonBusiness Member
Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes
1d

What do you mean by PML facilitating company? Are they offering like a coaching or consulting service for you to private money lend?

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  • Robin SimonBusiness Member
    Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes
    1d

    What do you mean by PML facilitating company? Are they offering like a coaching or consulting service for you to private money lend?

    [email protected]
    Harpoon Capital515 Reviews
    WebsiteView Page
    1Reply
    • Marc S.
      OP
      New to Real Estate · NY · Member since 2015 · 121 posts · 37 votes
      1d

      They facilitate by setting up borrowers and lenders for PML investments.

      1Reply
    • Robin SimonBusiness Member
      Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes
      2h

      seems strange to me - lots of much safer and more legitimate ways to invest in "private money" than paying a guru IMO. What are they charging for this "facilitation"?

      [email protected]
      Harpoon Capital515 Reviews
      WebsiteView Page
      0Reply
  • Dan Duenas
    Lender · Irvine, Orange County · Member since 2026 · 61 posts · 31 votes
    19h

    I haven't worked with them personally, so I can't vouch for them either way. If you're going to put money through any PML facilitator, here's what I'd want answered first:

    - Is investor money held by an independent third-party escrow/servicer, or does it pass through the facilitator's own accounts?

    - Who services the notes, and what happens if a borrower defaults — who handles the workout or foreclosure?

    - Can they show you completed deals with investors who've been through a full cycle, not just funded?

    - What are all the fees, and are they paid by the borrower, the lender, or both?

    - Is the setup compliant in your state?

    If any of those answers are vague, that's your answer. A good facilitator will welcome the questions. — Dan

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