The Entire EMD Lending Process (Step-by-step)

  Рет қаралды 1,962

Ryan Schrope

Ryan Schrope

Күн бұрын

Looking to understand how an EMD lending transaction works? You're in the right place.
After 100+ transactions, I wanted to take the time to break down the basic structure of the process for you to learn and understand. Hopefully, by watching this video, you gain the confidence and clarity you need to go do some deals!
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🚨🚨 DISCLAIMER 🚨🚨
❌ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a KZfaq video for entertainment purposes ONLY❌
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Пікірлер: 20
@schrope_321
@schrope_321 3 ай бұрын
If you want to get into lending without any money, join our free community! ryanschrope.com/community
@christvega
@christvega Ай бұрын
I just requested to join 😊
@Zixah
@Zixah 3 ай бұрын
Great vid as always
@schrope_321
@schrope_321 3 ай бұрын
Glad you enjoyed it!
@calise1628
@calise1628 3 ай бұрын
goated for this
@schrope_321
@schrope_321 3 ай бұрын
🐐
@lorainnarine
@lorainnarine 2 ай бұрын
Being new in the gator community this step by step explanation is very helpful. Thank you Ryan! 🙏
@schrope_321
@schrope_321 2 ай бұрын
I’m so glad!
@jamesfrazier4650
@jamesfrazier4650 3 ай бұрын
Great teaching Ryan! Do you use transaction coordinators for all your gator lending?
@schrope_321
@schrope_321 3 ай бұрын
I do not, I just use ButtonLeads
@JlDaBlackSuperman
@JlDaBlackSuperman 3 ай бұрын
Hey man. Thanks for the great video. Question. Did you have PCS build your business credit to lend EMD or you built it yourself. I want to go with Relay but I know they don’t offer lines of credit. Just wondering what route you went with
@emailticketmaster
@emailticketmaster 3 ай бұрын
I'm curious as well.
@schrope_321
@schrope_321 3 ай бұрын
I don’t use a LOC I use my money and other people’s money. The relay link in the video is by far the best account to open for the transactional side.
@baughmantwin7818
@baughmantwin7818 3 ай бұрын
Either way building your business lines of credit , you can still use relay as your in n out once capital is there , Then use other business accounts that are giving you business credit/ business credit cards aswell to fund deals with . Ultimately you’ll probably end up using the account that’s cheapest transfers and easiest to you for you .
@REIwAlexY
@REIwAlexY 3 ай бұрын
do you have people sign a personal guarantee to secure the loan?
@schrope_321
@schrope_321 3 ай бұрын
Yes, although that in itself isn’t much security
@joshbenjamins
@joshbenjamins Ай бұрын
Do you have a draft copy of the “contract” available?
@schrope_321
@schrope_321 Ай бұрын
Unfortunately I don’t
@lewismartin6747
@lewismartin6747 8 күн бұрын
What, exactly, does TC do in the transaction to warrant upfront fee of $250?
@schrope_321
@schrope_321 7 күн бұрын
Paperwork, communication with title, communicate with the borrower, review the HUDs, track the deal status.
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