All Forum Posts by: Christopher Winkler

Great tips from the top pro's, the only thing I can add is to keep in touch with the borrower, and let them know if they have problems, to let you know. We are all human & life happens, and sometimes they can't make a payment. Especially now if they are in a blue state still stuck on lockdown, and problems getting unemployment, like my wife's friend in CA. You can do it yourself if you have a few notes. After that, it's better to sub that out to (virtual) assistants and touch base with them quarterly or so. 

If you need funding for any business deals, you can qualify for up to $300,000.00. Don't allow your business to fail for lack of funding. 

We offer 3 programs:

Term Loan Program:

• Rates from 5.49% to 14.99% based on the strength of your credit
• No minimum length of time in business
• Fixed monthly payments
• No upfront fees
• Full liquidity immediately
• Funding in 7-15 days

Requirements: 700+ personal credit score in all 3 bureaus, 2 years of personal tax returns showing $50,000.00 or more of taxable income.

Business Credit Card Program:

• 0% Interest for 6-12 months
• No minimum length of time in business
• Stated Income
• No upfront fees
• Reports only on the business
• 700+ personal credit score in all 3 bureaus
• Must have a business entity

Requirements: 700+ personal credit score in all 3 bureaus, established business entity.

Personal Credit Cards:

• Build your credit with an A tier nationwide lender
• Access to additional working capital
• Become eligible for future funding options
• Maximize amount of funding received

Requirements: 700+ personal credit score in all 3 bureaus

PM me for more info!

That's because they leave it on the exchange instead of moving to a software or hardware wallet. Exodus has a great software wallet that lets you store it on a Trezor... 

What you said would not happen...

Because it happened to us.

If they started foreclosure as the 2nd, the owner of the senior knows about it and possibly has been in touch with the owner of the 2nd. Or not. Expect the first to possibly bid at sale up to their loan also and also other bidders if there is a lot of equity.

An O&E report or county search would identify the owner of the first and you can start hunting them down that way. With the sale there are so many variables. Good luck & let us know how it goes...

Right now, any performing note is at risk of default, especially blue states that continue the asinine lockdowns. If someone's work is closed, unless they have reserves, count on waves of defaults...

The borrower wants it long term, he is building his empire. The equity will stay as long as the loan is in place. Lets talk tomorrow?

So for the 1 year note with a 2x 6 month options to extend, borrower will offer 25% of the net profit for the time of the note & 10%. He would also look at 25% of the net profits for a 10-20-30 year loan and a lower interest rate.

Please PM or all me with any questions...

Actually we can offer 25% equity and, or 25% of the net profits, plus10% interest on the note if anyone is interested.