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hi victor
I want to wish you luck with your venture , however, i believe in good faith that the real deal here is to just find distressed properties to purchase and flip.
I believe in good faith that lenders will BEND OVER BACKWARDS to avoid bankruptcy. They WILL tell the homeowner every single option avail to them.
I have met SEVERAL clients in forebearance and all had no idea what that was before they started. I have met SEVERAL clients who were behiind on their payment -even 30 days - and their lender BENT OVER to work out how to catch up over 3 months.
The 'real value' as you present it is some kind of 'paralegal' service to help the homeowner save his house whereas i content that we brokers can easily advise them the same way.
I dont understand where we have the borrower and need to pass them onto you? I dont understand the real 'niche' here that we cant do for our borrowers.
Besides the 'advise' angle that we brokers can do for the borrower too....what niche do you have as a LENDER to help the borrower. This is what you have to have for us to give our clients over to you. All i see is the REAL MONEY for your company is to take the house and flip it. or do the straw buyer /lease to own option to get it funded and out of banko.
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