Asset Based Combo
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  1. #1

    Asset Based Combo

    Client has appraisal for 13.4MM total, looking for 7-7.5. 2.7 is real estate, 3.1 inventory, 7.5 machinery and equipment. 2 very small loans outstanding around 100k.

  2. #2
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    PismoBruce,

    Without knowing specifics it will be hard for anyone to say what they can or can't do on this.



    RG

  3. #3
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    Well I would be in for the real estate depending on property type and location.
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

    ◆ 50% LTV - No Fico Required
    ◆ 90% CLTV on Purchases
    ◆ Investment Residential / Commercial Properties



  4. #4
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    Quote Originally Posted by PismoBruce View Post
    Client has appraisal for 13.4MM total, looking for 7-7.5. 2.7 is real estate, 3.1 inventory, 7.5 machinery and equipment. 2 very small loans outstanding around 100k.
    I could help you out with the real estate, we are a direct lender not a broker. Shoot me an email at sbuchholz@velocitymortgage.com or call me at 215-619-2543 and ask for Scott.
    Scott Buchholz
    Account Executive
    Velocity Mortgage Capital
    215.619.2543 Direct
    sbuchholz@velocitymortgage.com

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