I haven’t Mortgage Broker that is bringing me clients and they typically charge their 1% on top of our fee. But we have a multimillion double clothes. He’s bringing to the table and doesn’t want to charge the client, which is his friend one percent on top of our fee and would like to have a referral fee from me instead. And I’m totally fine with that. My question is on the JV agreement, would you specify that the referral fee is only provided if he is not charging his Mortgage Broker fee to the client? And a separate question is how would you do your referral fee with somebody like this? Would you still provide them a referral fee even if they’re charging the client they’re one percent Mortgage Broker fee? If you have a DV agreement with the Mortgage Broker and are open to sharing how you put that document together with me, I greatly appreciate it!

Real deal example. Commercial acquisition in Florida. Purchase price: $13 MILLION. 🏢💸 The buyer had everything lined up… except the $130,000 earnest money. So we showed up with it. 💪 💵 Upfront fee: 5% ... collected upfront. 📈 And if it had closed? Another 20% waiting at the closing table! Unfortunately, this one didn't close. 😬 Died in due diligence, and EMD came right back. But the upfront fee paid the cost of capital and operations, so all was good. We need to swing to get a hit. Who's bringing us the next one ... the one that will close? 👀 😉

Has anyone been using Chase Bank to support funding Morby Method transactions? I'm having a bit of a scare with Relay bank freezing people's accounts and not returning funds to folks. So, I'm hesitant on using them.... If you're not using Chase bank but use another bank, which has been a good experience for you ?

What are the pros and cons/risks about having a borrower on my entity operating agreement for Morby Method deals if I’m funding them? This would allow me to fund directly into escrow. *note: I wouldn’t sign anything paperwork like a PG. @Paul Brown

Has everyone had a great holiday week? It's been full of adventure here at our house. My daughter even had a partial root canal 🦷 at 9 PM Christmas night. Thank heaven for a kind neighborhood dentist.😷Blessings. 😇 Before everyone gets their party hats 🥳 on next week for the new year, let's get together and make some progress. 💪 🔆 As a reminder, we launched the ▶️Premium Tier◀️ this past Monday and it's a fantastic opportunity to take the next step forward. For those of your that have taken advantage of the huge discount, congratulations! 💫 ... and let's see how many deals we can get pushed through your new websites ⚡ We look forward to everyone getting these benefits --> HERE 📆 Monday (29th) at Noon MT - Co-Creation Hour - This is our opportunity to share updates with you (and we have a lot!!) and get your feedback to continue to improve the community for us all. Please join us! 📆 Tuesday (30th) at 5:30 PM MT - Become a Pro at ChatGPT - One of our own, Steve, will be sharing some great techniques to help us get better at writing prompts that get the best results from ChatGPT. Don't miss this one! 💥 Let's all keep up our consistency on our cold outreach. Facebook is great, but don't sleep on LinkedIn and other options out there. I look forward to seeing you all next week. Let's all get a deal funded in January!