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
      23h

      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 · 32 votes
    1d

    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

    0Reply
  • Jeff S.
    Lender · Los Angeles, CA · Member since 2009 · 1k+ posts · 2k+ votes
    11h

    Even as a PML, I couldn’t begin to guess what a “PML facilitating company” is, and their website makes no mention of anything of the sort. They appear to be a young couple who have done well for themselves since 2018 and now seem to believe they are sufficiently qualified to advise others. With due respect, financial success during a rising market does not make one a real estate expert.

    I would also caution you against accepting lending advice from anyone who lacks substantial experience in the field and has not weathered down markets as well as up. Clearly, there is some overlap between investing in real estate and investing in lending, but expertise in one does not equate to expertise in the other.

    Lending is a specialized field that requires knowledge of borrowers, lending laws, documentation, credit, relationships, foreclosure, much else — and oh, of course, real estate. As lovely and as (over-)confident as this couple may appear from their website, they simply do not seem to have the professional background or experience necessary to be dispensing lending advice, let alone “facilitating” deals.

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