The Fi Couple

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

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
    5d

    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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    Harpoon Capital514 Reviews
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    • Marc S.
      OP
      New to Real Estate · NY · Member since 2015 · 121 posts · 37 votes
      5d

      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
      4d

      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"?

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  • Dan Duenas
    Lender · Irvine, Orange County · Member since 2026 · 67 posts · 36 votes
    5d

    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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  • Jeff S.
    Lender · Los Angeles, CA · Member since 2009 · 1k+ posts · 2k+ votes
    4d

    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.

    0Reply
  • Rich Baker
    Lender · Damascus, MD · Member since 2026 · 2 posts · 0 votes
    21h

    I have not worked with them, but I am a PML and a connector with a broker that has very highly qualified borrowers, and is actively seeking new lenders to help fund their deals. Not a syndication, you hold notes on the properties and get paid monthly interest (at very attractive APR rates) directly from the borrowers. I sent you a connect request, please connect and message me if you'd like to learn more.

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  • Ben D.Pro Member
    Investor · Milwaukee, WI · Member since 2020 · 11 posts · 0 votes
    21h

    I came here to ask the same question, as I've had 2 conversations with Josh (the husband) in the last couple weeks. They market this part of their business as "wealth management" planning/growth. They help you build a strategy for building wealth, whether that's through stocks, real estate, PML, etc., and connect you with their team of "experts" in each field (I put that in quotes because we asked for credentials of their experts and they said since they are 3rd party contractors, they would only give info out once you sign up - red flag!), but you are really in control. In the case of PML, they have a network of people who come to them for funding, and they present those opportunities to their community (members). You hold the note yourself, not through them. If the borrower defaults, you take over the property, as you are in first lien position. They just help you along the way with their expertise. Sounds so simple, right? I was/am a little to skepticle, as they've only been doing the PML stuff for like 2 years. Also never made mention of any attorney fees, etc, that you might pay as the lender, just showed examples of all the cash you could be raking in!

    Anyway, thought I'd add what I learned in case it helps anyone else. I'm definitely interested in the PML space though, so please feel free to connect with me to discuss opportunities.

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    • Chris SeveneyBusiness Member
      Moderator
      Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
      11h

      You just don’t take over the property because you are in first position. The borrower could file bankruptcy and delay payments for years. The borrower could trash the property and have it worth far less than you think it is. If it is a judicial state, you'll spend $10,000+ in a year and a half in time for closing on an uncontested foreclosure, and three times that and double the time if it is contested.

      The questions I would ask them are:

      - How many loans have they actually originated in their lifetime and have seen come full circle.

      - Just because they are able to pay off student loans during their period of time, what makes them a wealth manager or somebody who has been in the business for decades and has been through multiple cycles?

      - Do they have any accreditation or degree, and are they licensed to provide this type of advice?

      These are the questions you should be asking.

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