I 'm contemplating the idea of using 21st CASH program VS becoming a certified MLO for selling POH.
CASH program seems to charge high interest with long term loan and I don’t want my tenants to look at their balance a few year from now and find out they have little equity into their own home.
However, become a a certified MLO seems to have a lot of liability as well.
Is there anyone out there who has hands on experience becoming MLO and financing POH yourself?
What’s the good , bad and ugly part of doing that?