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Dave Martin (703) 585-4687, Making Realty Dreams a Reality #WeWillGetYouHome (Fairfax Realty)

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6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Is this a new term for Angel financing?

 

May 07, 2018 09:48 PM
Ambassador
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Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

None whatsoever, David. Sorry!

May 07, 2018 09:46 PM
Rainer
417,221
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Seen it for small dollar amounts, cannot be layered with or mixed with a transaction that has a conventional or government or as I like to call it a mine government mortgage

May 08, 2018 12:00 PM
Rainer
187,002
Raj Taj
RE/MAX - Lake Bluff, IL
Drive By Blessings!

I loaned Eric Hurd of Lake County, IL money last year, he has not paid back any of it.

May 08, 2018 06:16 AM
Rainmaker
1,844,301
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Whatever it is - no thanks.

May 08, 2018 05:29 AM
Rainmaker
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Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

None, sorry

May 08, 2018 05:02 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I have heard of it but never had or seen any that have actually funded or worked

May 08, 2018 04:43 AM
Rainmaker
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Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I have heard/read of success stories but no first hand knowledge. 

May 08, 2018 02:07 PM
Ambassador
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I've had buyers say they were qualified via "private lending" through that kind of source, but have never had one close.

May 08, 2018 11:46 AM
Rainer
375,087
Libby Cousins
Extraordinary Processing - Spokane, WA
Contract Mortgage Processor, licensed in WA

Not as far as real estate. I have done other crowd-sourcing lending on a small scale. I love Kiva International and use it for gift giving. 

May 08, 2018 08:38 AM
Rainmaker
7,836,164
Roy Kelley
Retired - Gaithersburg, MD

Nope.

May 08, 2018 06:50 AM
Ambassador
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 No experience.  Use an attorney.

May 08, 2018 06:41 AM
Rainmaker
716,049
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Peer to peer is a pc technology term. Do you mean person to person as in a private loan? If do, it's common. But watch out for the Dodd Frank Act.

May 08, 2018 06:22 AM
Ambassador
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I have never heard of that company.

May 08, 2018 05:57 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Nina Hollander nailed this one!

May 08, 2018 05:23 AM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

I have no experience to share.

May 08, 2018 05:02 AM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I've never heard of them. Are they for real?

May 08, 2018 04:15 AM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

No

May 08, 2018 09:51 AM
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Sorry, I don't.

May 08, 2018 08:35 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

A previous transaction was deeply involved in "Peer-to-Peer" lending when the best possible event occurred. An Angel Funder bought the property and gave it to my client.

So, I did not get the chance to see where of if the wheels would come off the Peer-to-Peer wagon. I suspect when varacity verification becomes more available, the uncertainty can be greatly reduced in the Peer-to-Peer environment.

May 08, 2018 07:54 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I've not heard of them....sorry....

May 08, 2018 07:04 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

If you are talking about the crowd funding for real estate projects I get daily emails but haven't taken the plunge. 

May 08, 2018 05:58 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No idea

May 08, 2018 05:49 AM
Rainmaker
5,216,409
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not familiar with Peer to Peer lending!

May 08, 2018 05:48 AM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Have not heard of this.

May 10, 2018 01:35 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Never done that, David Martin.

I have heard of Seller Financing, though. Similar to lender financing . 

May 08, 2018 09:33 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Never heard of this.  I work with local lenders I can go and talk to when thereis an issue.  They can't escape me by not answering my call when things are going south

May 08, 2018 07:30 PM