Activity Stream
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Older Activity
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Yesterday, 11:47 PMomegafund replied to a thread Owner occupied CRE cash out $100k recommendations in All Other LendingIt would be helpful to know the location and type of property. Any other tenants or 100% owner occupied? Most funds are not going to go out 3-5 years for 100k. IF the credit is good and equity is there have them go to local bank www.omegafund.com
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Yesterday, 09:54 PMTheConfidentBroker replied to a thread Easify Software is looking for an experienced sales rep to sell the best MCA Software in Help WantedWhere do I start…
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Yesterday, 08:34 PMdiditevenfund replied to a thread Easify Software is looking for an experienced sales rep to sell the best MCA Software in Help Wantedimagine getting called out constantly.
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Yesterday, 07:22 PMloan amount too small for second position and that requires docs and fees...doing one now 20% interest 60 months but $250K+ loan amount and needs to be a good property.
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Yesterday, 07:10 PMIncbiz440 replied to a thread Owner occupied CRE cash out $100k recommendations in All Other LendingInteresting. Has to be first position or will they take junior?
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Yesterday, 05:08 PMGood Day All, Electra Funding is now accepting new ISO's. We will fund it all - from A paper all the way down to Active defaults (Previous defaults are not an issue) Terms: B-D Paper up to 45 days. our ONLY requirement is = Minimum revenue for funding is 25k. We have no maximum dollar amount for funding. (our #1 goal is always highest dollar amount approvals) We fund 6-7 figure deals same day with no hiccups or delays. Lets start funding TODAY Send all submissions to Subs@Electrafunding.com Electra Funding 1-(516)-757-8601 Subs@Electrafunding.com https://www.electrafunding.com/
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Yesterday, 05:07 PMA lot of hard money lenders just tend to put people in 2 year I/O bridge loans which I discourage. So be aware. I typically do these NoDoc 10 year fixed Interest Only, then 20 year amortized. 65% Loan to value cash out on CRE. if decent Fico 10.49%. 5 year prepayment penalty 5,4,3,2,1. You can do a prepay buy down to one year at a cost of 1.5%. Lender fee usually 2%. Reach out. I always recommend 10 year I/O instead of the typical 2 year bridge with a balloon.
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Yesterday, 05:00 PMabfunders replied to a thread Owner occupied CRE cash out $100k recommendations in All Other LendingI sent you a lender intro. $100k is a small RE deal, but at least it's certainly a good way to start with any lender.
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Yesterday, 04:16 PMLooking for recommendations for an owner occupied CRE cash out for around $100k, with a quicker turn timeline of a max of a month. Looking for a loan structure, not MCA secured CRE, but can be shorter term of 3-5 years with a monthly payment. Looking to get some cash out without destroying cash flow. Thanks in advance for suggestions.
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Yesterday, 03:22 PMGlobal merchant, samson, libertas. Can all go 12 months plus
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Yesterday, 01:41 PMSent you a PM
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Yesterday, 12:05 PMIve used some as recently as last year, funded a few deals. I do not believe its something that is amazing, but like anything if a good job is done I'm sure deals can be had.
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Yesterday, 11:30 AMUsually i would have some kind of snide inflammatory remark here but I am genuinely curious The views to answers ratio on this thread implies to me that most people are using UCC leads in some capacity while being embarrassed to admit so
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Yesterday, 11:15 AMmoneypenny1 replied to a thread Auto Sales -- 1.5M-2M/months -- Cali -- 1st in Merchant Cash Advanceits not BS at all. I work with a well known funder who will do it. I assume you dont work with them
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Yesterday, 11:12 AMmistamca replied to a thread Easify Software is looking for an experienced sales rep to sell the best MCA Software in Help WantedI just need to point out the irony that someone that claims to do millions in origination communicates via a free gmail is giving tips on looking professional. Also the forum rules (pretty sure) state that the information must be available in the post, signature, or website. So if you are going to be the unelected posting police, at least know the rules! I already know that you are going to make some type of justification why you are right and everyone else is wrong and then you will complain that “stupid MCA brokers” don’t understand and get it. To everyone else, let’s get fundy! Extra payroll months are always good months
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Yesterday, 11:11 AMSean, Have you achieved funding for this project, if not reach out to me and lets talk. Sam 4062821404
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Yesterday, 11:09 AMReach out to me if this has not been funded yet. Sam 406-282-1404
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Yesterday, 10:51 AMI fund car dealers and Cali. We need tax returns on submissions to use the real revenue after cost of the cars. Our renewals work like a line of credit in a way that just keeps extending the term out longer as time goes on. Scott Platto scott@tmrnow.com tmrnow.com 212-220-9872
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Yesterday, 09:44 AMMichael I replied to a thread Easify Software is looking for an experienced sales rep to sell the best MCA Software in Help Wantedyou do realize your double standard. Time to take a look inwards
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Yesterday, 09:39 AMMaybe you should find out first if it will be ok when the underwriter sees the extension was just filed after the stip was asked for. In my experience with the type of merchants we deal with, most of the time they didn't "forget" to file the extension, I wouldn't be surprised if he wasn't even planning on filing period then when they're asked for it they say "I forgot to file". There are two things in life you just don't forget. Death and taxes.
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Yesterday, 02:15 AMYou can't channel him until you mention the 32,323,864 ISO's that you helped while BBQing on Memorial Day in the office of your boat from all the money you made helping ISO's fund their deals lol
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05-27-2024, 06:16 PMHahahah!! I was channeling my inner Marcus;)
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05-27-2024, 05:32 PMShameless plug lmfaooo
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05-27-2024, 04:50 PMOlderguy replied to a thread Easify Software is looking for an experienced sales rep to sell the best MCA Software in Help WantedI aplogize if you all were offended. Didn't seem to be as professional as it could be for a post was all I was suggesting...have to search for a website separately for anything...I would think if you are seeking someone, you might want to include everything in the original post instead having people go searching your website... On the other hand, the comments of others contribute nothing. If you can't figure out how to be kindly, figure out how to be kindly quiet.
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05-27-2024, 04:04 PMRobinhood21 replied to a thread Auto Sales -- 1.5M-2M/months -- Cali -- 1st in Merchant Cash AdvanceI have seen gobal merchant cash give 250k for one year same biz good credit 10 years TIB
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05-27-2024, 02:58 PMdiditevenfund replied to a thread Easify Software is looking for an experienced sales rep to sell the best MCA Software in Help WantedShot fired, happy Monday folks!
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05-27-2024, 01:50 PMThis is BS.