Here are very simple examples of how the team used AI in the lending business over the past few days.

= Building automated tools to aggregate and analyze foreclosure data

= Research tool to guide legal discussions on unique bankruptcy situation

= Quickly summarizing market data

= Takeoffs from a drawing to estimate the electrical budget for a 8,000 sq ft home

= Cross-checking loan documents versus termsheets and due diligence materials for accuracy

= Identifying proper resources for a towns permit data on specific properties

= Creating a budget from pictures to decorate the office

Those are the simple items. There are huge opportunities to integrate it across the business however it's complicated and has to be done properly.

Mikhail, my business partner and techie, is speaking at SuperReturn in two weeks on how RD Advisors is integrating robust tools across our process for validation and checks and automation throughout the closing, due diligence, servicing, and asset management process - it's a task!

Here is where we haven't used AI and don't plan to:
- Auto-generating content for LinkedIn
- Relying on AI without double checking results (no auto AI valuations or underwriting)
- Auto outreach/commenting on LinkedIn spammy sales tactics (can't be that guy)

By no means, tech or investment advice, just my quick observations from the past few days.

Follow Sean Kelly-Rand on LinkedIn.