Results 1 to 8 of 8
-
08-22-2017, 11:00 AM #1
- Join Date
- Apr 2017
- Posts
- 190
Do anybody do Merchant Cash Advance and/or Business Loan for Real Estate Broker?
Our client is a Realtor interested in acquire a property for fix and flip, but his downpayment is too small. Mid Fico is 689. Needs to see somebody that will do a business loan or MCA. PM for more details.
-
08-22-2017, 11:38 AM #2
I can already tell you , if he doesn't have the DP and is looking at other means to get the DP, It isn't a good scenario for him and he wont be profitable. the ideal number is 65% LTV, i would go up to 75%, on a Nice property.
https://www.linkedin.com/pulse/65-ar...source-fundingJerry 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
-
08-22-2017, 11:40 AM #3
- Join Date
- Jan 2014
- Posts
- 1,380
-
08-22-2017, 12:35 PM #4
Hard money yes, Raw Land No.
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
-
08-22-2017, 12:55 PM #5
- Join Date
- Aug 2017
- Location
- Costa Mesa, CA
- Posts
- 10
WBL California can help with raw land. We loan 2-4x the average deposit volume depending on the state and can go up to 50% LTV on raw/vacant land.
Very Respectfully,
David Rabouin
WBL California, LLC dba WBL
A Subsidiary of World Business Lenders, LLC
3090 Bristol Street, Suite 160
Costa Mesa, CA 92626
Office: (714) 332-1007
Direct: (714) 862-1849
Fax: (714) 862-1875
Email: drabouin@wbl.com
Licensed California Finance Lender and Broker
# 60DBO 41841
-
08-22-2017, 01:26 PM #6
David, no disrespect but WBL is a horrible choice for real estate transactions. Wbl doesn't offer interest only monthly payments, nor are they offering reasonable rates. Most guys like myself will offer rates from 7 -12% Wbl couldn't or wouldn't touch those...
If it wasn't raw land I would look at it, call me and I'll give you the number of somebody who will do it
-
08-22-2017, 01:44 PM #7
- Join Date
- Aug 2016
- Posts
- 831
-
08-22-2017, 02:24 PM #8
- Join Date
- Aug 2017
- Location
- Costa Mesa, CA
- Posts
- 10
WBL may not always be a good fit, but sometimes we end up being the only fit. Shoot me your email Jerry and I'll send you over our new pricing guide. We've got a select number of states that receive special pricing regardless of credit, negative banking statements or even number of advances.
Very Respectfully,
David Rabouin
WBL California, LLC dba WBL
A Subsidiary of World Business Lenders, LLC
3090 Bristol Street, Suite 160
Costa Mesa, CA 92626
Office: (714) 332-1007
Direct: (714) 862-1849
Fax: (714) 862-1875
Email: drabouin@wbl.com
Licensed California Finance Lender and Broker
# 60DBO 41841
Similar Threads
-
ISO Merchant Cash Advance Broker’s Needed!!! B - D Paper get funded same day!
By Getfunded2017 in forum Help WantedReplies: 0Last Post: 04-19-2017, 01:55 PM -
merchant cash advance /business loan leads
By GATEZ in forum PromotionsReplies: 0Last Post: 12-30-2015, 12:11 AM -
Cash advance for real estate flipper?
By HonestPerson in forum Deal BinReplies: 1Last Post: 12-02-2015, 10:18 AM -
Which Merchant Cash Advance Companies Will Do Real Estate Asset Based Loans
By IamGrateful in forum Merchant Cash AdvanceReplies: 9Last Post: 11-09-2015, 07:16 AM -
Merchant Cash Advance & Business Loan Leads
By MauriceFranklin in forum PromotionsReplies: 0Last Post: 07-20-2015, 11:52 AM