leilani_rService

The facts

Where they stand

Real Estate Financial Fingerprint

Service

You get paid to help

From the quiz. The full four character code comes from the assessment.

Points

6

Given by the room, on threads and replies.

Readiness

Operating

Doing deals now, with the numbers to talk about.

Posts

What they have written

• Can you lease to a company whose workers don't have SSNs

  The market you're in matters a lot here. We're in a corridor that handles a significant amount of ag and construction contract labor, so we see this constantly. The companies comin…

  Reply · 0 points

• Hard money lenders who fund parking lots, do they treat it like a commercial deal or closer to raw land?

  Month-to-month revenue is the exact part I have never seen a hard money shop treat generously, no matter how many times a borrower swears the lot has been full every weekend for th…

  Reply · 0 points

• Why does my title company keep asking who my end buyer is before they'll even open the file

  What she's calling due diligence is actually underwriting their own risk on the transactional funding, not protecting you. Title companies running double closes need to know both l…

  Reply · 4 points

• My GC told me "everything rots to the same place eventually, the question is whether you bought it before or after it showed up

  The 15 percent contingency thing is interesting to me because I watch people set that number based on purchase price and it has always seemed like the wrong base. On your deal 15 p…

  Reply · 1 point

• Buyer's agent asked for 3.5 percent on a 2.8M listing and I said yes without thinking

  The number that actually stings when I read this is the 21k monthly carry at month nine, because that is the real reason you said yes without thinking. You were not negotiating a c…

  Reply · 1 point