Home Builder 2.3Million
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Aug 2015
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    CALIFORNIA
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    942

    Home Builder 2.3Million

    Home Builder does 2.3M annually. NET 40k
    No other advances just some bank debt
    NFS 20 most recent month / 9 negative days and negative ending balance! Anyone outside of MCA since so many NSFs and Negative days?
    Credit 640s
    Any takers

  2. #2
    Senior Member Reputation points: 4567 NickHubbard's Avatar
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    Saint Louis, Mo
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    Does he have any properties owned free n clear?
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  3. #3
    Senior Member Reputation points: 226125
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    Quote Originally Posted by brokerCompany View Post
    Home Builder does 2.3M annually. NET 40k
    No other advances just some bank debt
    NFS 20 most recent month / 9 negative days and negative ending balance! Anyone outside of MCA since so many NSFs and Negative days?
    Credit 640s
    Any takers
    If he's got assets, and has good history of building and proof from HUDs, I can probably get him a large Hard Money LOC. They fund 580's on this one. Construction loans are also doable. Shoot me an email, let me try.

  4. #4
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    South Florida
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    show me some real estate with equity and if the numbers are right we will close in 7 days,
    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



  5. #5
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Quote Originally Posted by Jstarr View Post
    show me some real estate with equity and if the numbers are right we will close in 7 days,
    no

  6. #6
    Senior Member Reputation points: 54977
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    Dec 2013
    Posts
    4,713

    Did Cresthill / Mantis decline >?

    we are as aggressive as they come with Nsf's but not sure if that's too off the charts ! ?
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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