Mike Conners

So I was offered a deal where I lend $25k for 30 days and get back a 10% return. If it goes past 30 days It goes up 5% to 15%, if it goes past 60 days it goes to 20%. Every 30 days it goes up 5% until 120 days it gets to 35%. If it goes past 150 days the land that is attached gets assigned to me. This is vacant land with this transactional funding. Another deal is for a rehab in Colorado. 55k for 90 days, 55k out $80k returned. Is anyone else seeing deals like this?

New comment 1d ago

Mike Conners

2 likes • 1d

@Mike Ruscica I haven't seen a deal like this. Was it some sort of PML?

Mike Conners

1 like • 1d

@Mike Ruscica Cool! Lets jump on a call. Do you wanna text a time or should I get on your calendar again?

Mike Ruscica

4d •

🍕Recipes

Quick Question

Keep it simple Pancakes or Waffles?

New comment 3d ago

Mike Conners

1 like • 4d

Waffles

Mike Ruscica

Nov '24 •

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New comment 3d ago

Mike Conners

1 like • Dec '25

Hi, my name is Mike Conners and I found Skool through several other communities already then found this one through a referral. I am glad to be a part of this community! I have done a number of different strategies but have since settled on Transactional Funding. I fund escrow protected deals for EMD, Double Close, and Seller Carryback is what I specialize in. I primarily use other peoples money (OPM) for this so I have access to a lot of money to do your deal! Let me know how I can help.

Mike Conners

1 like • 5d

@Mike Ruscica I'd love that! Let's get on another call sometime, I want to pick your brain on several things you've mentioned. I almost sent you a pic of some Spaghetti All' Amatriciana with some authentic grated pecorino last night! We make it from scratch (except tomatoes, we use canned) and eat it about once a week.

Mike Ruscica

11d •

General Discussion

using AI

To get my point across

New comment 6d ago