Use Dodd-Frank screening and "rent tests" (Plan B) to ensure the borrower is a sustainable "family-first" avatar.
Position your business as a partner that helps sellers rather than just buying existing ones.
Prevent common pitfalls like commingling funds, bad escrow math, or payoff disputes.
Offer a preliminary note valuation within 24-48 hours based on the Unpaid Principal Balance (UPB) and property type.
Mandate the use of a Registered Mortgage Loan Originator (RMLO) to handle documentation and ensure the note is marketable on the secondary market.
Help sellers avoid "cheap mistakes" by setting appropriate interest rates and down payment reserves (e.g., keeping part of the down payment in reserve to risk-proof the deal). 3. Professional Due Diligence & Consulting
