All Forum Posts by: Joe S.

Nothing like a good online spanking. Might be better than an in person spanking - it depends I suppose...

I will say there are some very knowledgeable posters on here - real professionals that have walked the walk. Tons of good/free advice that you can get in real time, with real people, with real scenarios. Not a hypothetical. 

I do expect to see a certain level of education from new posters - some of them come on here and haven't the slightest clue. Look, I get you're new and don't know a lot - but at least make a attempt to learn prior to posting - read a book, look at listings, educate yourself on loan types, watch YouTube videos, learn about RE in general. The extremely surface level questions show that they have done zero research themselves. 

I think a lot of them either 1) aren't that serious 2) aren't prepared to invest. They had someone on here recently - no money, bad credit, no experience - like they just woke up one day and decided they wanted to do an OOS BRRRR. I can't even start to make that make sense. There couldn't have been much realistic thought put into that endeavor.

I think it's a pretty positive forum for the most part (100x better than most other online forums) - I do like seeing those with experience go back and forth. A little drama is fun every now and then, especially when it's between people who have been there and done that. 

@Chris Seveney Our comapany is on the deed that we both own 50/50, I am the mortgage holder.

Joe what I see these days are that self promotion is more acceptable than in the past.

So when you have new posters that basically write an add for their business.. And their business is somewhat controversial to some of the more experienced folks.. U will see people putting them on the spot.. the Guy who went on and on about 0 interest business loans that was a perfect example.. and of course sub to investing will bring out opinions that are far ranging from its illegal and crooked to its the greatest thing since slice bread and you should come this group of go givers :)

If you’re looking to find a new servicer - FCI is the biggest player in the space. (Best for a lender to service their own loans if possible)

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 Nope. Sure doesnt.