How to Get the Best Borrowers Every Time w/ Max Bailey

145: If you've ever sold land with seller financing, and if you've taken the approach of not pulling credit reports or investigating the borrower's ability to repay (i.e., loan underwriting), you're probably familiar with the disappointment of a borrower who stops paying and leaves you to pick up the pieces.

(Show Notes: REtipster.com/145)

What if there was a better way to create a more predictable income stream from each property you sold with owner financing?

There is! And the process is surprisingly easy, especially if you enlist the help of a residential mortgage loan originator (RMLO).

In this episode, I'm talking with Max Bailey from CalltheUnderwriter.com to discuss the "how" and the "why" of using an RMLO. After hearing the rationale behind this kind of service, you may ask why you wouldn't use this for every seller-financed property you sell in the future!

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