Quote:
Originally Posted by MrMaxwell
The guys successfully finding 60% deals are going to laugh at 17% ... Go on up to 80% and you'll find the ones who don't care if they pay well over 20% but .. that gets risky
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It's best to not talk about things you do not understand.
I sold to these guys for years and introduced them to the private lenders. Nobody laughed.
Some HML's will eliminate points and drops a few % on repeat, established guys, but its surprising how many don't even ask for that special treatment.
(I was an REO agent in prior life)