Ryan Tuttle

Bring me a loan to close.

I haven't had many posts go "viral". But, I've gotten a bunch of business from this platform along with a lot of great relationships created and taken into the real world. Feel like that's really what matters here and it's not worth it focusing on how many impressions a post generates as this isn't always the metric that matters.

That's a new one. Quoted a borrower directly terms for a multifamily purchase. Seemed to like it and then went dark. Few days later, a broker reached out with the same deal with a "Pricing to beat" section of the email. It was our pricing. I don't think I'm willing to race myself to the bottom with regards to pricing...

Got this loan request: "Do you have program 80% for first loan and 20% second loan as down payment? No income verification" Refinance risk? What do you mean?

Common email I get: "As-Is Value: 1.2mm Purchase Price: 500k Purchase Date: 2/1/2026 Renovations Completed: 20k Loan Request: 1mm" Just Plz No. No thanks.

There goes the 1st quarter. Felt like 2 weeks...

Made the multifamily underwriting excel model I was sending out Free. Link in bio.

My fiancé just got a speeding ticket. I think if every cold-caller was as fast with direct mail as these ticket clinics and law firms are, you would close 10x more deals.

You'd be surprised, but at least 2x a week a broker will hesitate when I ask for a "REO". I then have to spell the acronym until they go "oh ya, REO" I feel like if you're brokering a 2mm multifamily loan, you should know this.

Just a reminder, we fund loans outside of California. I'd say ~60% of what we do is in CA. The rest is all over.

"I heard you do commercial loans. Would you lend on a vacant restaurant in [insert middle of nowhere town in a state we don't lend in]?" Get this call about 2x a week. Commercial properties are not all equal. Best to break it down by asset class.

I'm seeing more and more ChatGPT created purchase contracts for multifamily. They are full of nonsense and missing some big clauses. Not sure how someone could be comfortable with using this if they are buying a 2mm property.

I might be jaded, but most of our loans close in 5 days. The usual reasons this draws out is due to title or insurance delays or misrepresentation. When a loan takes 60 days to close in our pipeline due to external factors, I'm pulling my hair out daily. Cannot imagine having to deal with the on every file in our pipeline.

We routinely close in 5 days. We skip the appraisal for bridge/RTL/Hard Money/Whatever you want to call it. The is our main differentiator considering how many people are in the space.

I might be the only one, but I do not like deals lingering in our pipeline. If it's not moving smoothly, I want it handled or gotten rid of. The amount of time-suck these deals takes loses us more money than having a clean deal in the pipeline to close within a week.

You either ride the wave of AI... Or, you join the ranks of people with their email signature looking like this: "The greatest compliment you can pay someone is a referral :)"

Crazy quarter so far. Seems like the market is waking back up to normal levels.

Rise and Grind boys. Monday approaches. And with it, more land loan requests to repel!

About time I load up on carbs!

I think Foreclosure Bailout scenarios are the new Daycare loan requests. Really just tired of saying "no".

Are there actually "Gap" lenders out there? We get asked for this but I just have no clue how someone could get comfortable with that as a lender...