Course curriculum

  • 1
    Welcome to the Academy!
    • How to use this course
    • Before we begin.....
    • Quick survey
  • 2
    Chapter #1 The Fundamentals
    • Private Mortgage Lending-What it is and is not
    • Risk vs. Reward
    • Regulations: Dodd Frank. Who is this guy?
    • Potential Earnings
    • TEAM: Working With Professionals
    • Myths about Lending
    • The Security - The Property
  • 3
    Chapter #2 The Loan!
    • The Loan Process
    • Qualified Borrower
    • Lender's Application
    • Borrower's Credibility Kit
    • Evaluating Potential Loans
    • Deal Summary/Funding Request
    • BREAK TIME!!!
  • 4
    Chapter #3 Evaluating the Loan
    • Intro to Chapter
    • Understanding Comparable Sales
    • Repairs Summary
    • Determining Interest Rates and Fees
    • Decision to Lend/Term Sheet
  • 5
    Chapter #4 What Happens When the Loan is Approved
    • Intro to Chapter
    • Documents
    • Title Policies
    • Insurance
    • Closing Process
    • How to Send Funds
    • Loan Closing and Payoff
    • Final Requirements Following Payoff
  • 6
    Chapter #5: Funding the Loan
    • What Funds Can Be Used to Make Private Mortgage Loans?
    • Using Self Directed IRA's Or 401k's
  • 7
    Chapter #6: Practical Issues
    • Where Do You Find Borrowers?
    • Avoiding Disputes
    • Common Issues
    • Options When Things Go Wrong
  • 8
    Next steps
    • Congrats! Here's what's next...
    • Resources