Results 1 to 12 of 12
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10-19-2017, 10:57 AM #1
- Join Date
- Sep 2016
- Posts
- 99
Need revolving line Real Estate projects.
Hi All,
I have a client who does real estate crowdfunding and is looking for a revolving line of $7mm-$15mm to finance projects to be paid back once investments are complete. Anyone here in that space?
tia
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10-19-2017, 07:39 PM #2
- Join Date
- Nov 2014
- Location
- Columbus
- Posts
- 16
World Business Lenders Must Can Help
If there is any land involved which can be used as collateral we might be able to assist you.
I am one of their brokers and World Business Lenders is a direct lender which usually handles smaller deals; however, we do handle real estate development projects as well. My contact email is below, but if wish to work with them directly my team leaders name is Robert DeStefano, office # 212-220-0175.
Respectfully,
Wm Latta, ll
Gemstarllc@gmail.com
Gemstar Consulting, LLC
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10-19-2017, 07:43 PM #3
chances are you wont get a revolving line for $7MM, the borrower needs to prove he has experience and provide huds or contracts for projects sold, depending on the project i can provide a loc where he only pays interest on what he draws, the other problem here is it appears that the client doesn't want to service debt until project completetion.
RED FLAG... unless he has considerable real estate to collateralize.
FYI, WBL Cant handle RE Development deals.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
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10-19-2017, 08:31 PM #4
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- Oct 2016
- Posts
- 4,318
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10-19-2017, 09:15 PM #5
- Join Date
- Nov 2014
- Location
- Columbus
- Posts
- 16
Re: World Business Lenders
Yes, we co broker deals with our particapating banks; plus we are a direct lender.
Plus with my orginal message on this thread or subject I only stated possible assistance to acquire a loan nothing else. Did I mislead anyone?
Wm LattaLast edited by wclatta2; 10-19-2017 at 09:26 PM. Reason: Update
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10-19-2017, 10:55 PM #6
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- Oct 2016
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- 4,318
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10-20-2017, 10:45 AM #7
- Join Date
- Jan 2016
- Posts
- 435
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10-20-2017, 11:41 AM #8
- Join Date
- Aug 2016
- Posts
- 830
How many different emails and business do you have ? the other thread your email is bankcard
http://dailyfunder.com/showthread.ph...month-in-Gross
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10-20-2017, 02:59 PM #9
- Join Date
- Nov 2014
- Location
- Columbus
- Posts
- 16
Just recently I have been having problems with my capital bankcard email, therefore, I been using the gmail email till I have time to redevelopment my website.
Plus, my team leader at wbl has worked me on deals which are outside of their normal parameters. I am only attempting to get deals which I was told I could do.
If you like and/or have a problem with my actives here call my team leader at the above phone number provided.
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10-20-2017, 03:32 PM #10
- Join Date
- Oct 2016
- Posts
- 4,318
Oh for ****s sake.
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10-20-2017, 03:49 PM #11
- Join Date
- Aug 2017
- Posts
- 405
LMAO WBL might've started sharing the profits with there brokers! 2.89 factor! You should get at least another 30 points
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10-20-2017, 03:59 PM #12
- Join Date
- Jul 2015
- Posts
- 1,202
"Team Leader". What, are you all wearing name tags and the same color shirt like at Target?
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