Why YOU Should OVERCOMMUNICATE: Loan Wizard Explains!
Manage episode 494687933 series 3637816
Hey everyone! Just dropped another episode of Fund Flip Repeat with our resident loan wizard Wesley Rowe. This dude's got over 10 years processing loans and working with title companies, so he knows all the behind-the-scenes stuff that can make or break your deals.
We dive into why you NEED to get surveys (seriously, don't skip this), red flags that'll kill your deal, and how to actually communicate with title companies without losing your mind. Wesley breaks down the whole timeline from contract to closing and shares some wild stories about problem files.
If you've ever had a deal stall out or just want to close faster and smoother, this one's for you. Don't keep it to yourself - send it to another investor who needs to hear this stuff.
📖CHAPTERS
00:00 Introduction to Loan Processing and Title Companies 00:56 Key Skills for Success in Loan Processing 02:09 Prioritizing Tasks Under Tight Deadlines 03:18 Importance of Surveys in Real Estate Transactions 05:37 Identifying Red Flags in Title Processing 07:46 Proactive Communication in Title Issues 11:14 Advice for New Investors 14:11 Effective Communication During the Loan Process 19:20 Handling Challenges in Real Estate Deals 20:55 Timeline from Submission to Closing 23:38 Post-Closing Expectations and Draw Requests 26:02 Rapid Fire Round with Wesley
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25 episodes