Results 1 to 7 of 7
-
11-29-2017, 02:35 PM #1
$3MM payoff
this isnt my space but im helping out one of my customers - they have a $3MM Advance balance paying out $95,000 weekly and they need an additional $1,5MM -
I gave this to a broker to work because it isnt my area but now i am forced to assist -
they have offers coming out of the woodwork for 1.5MM at 1.22 for 11 months, quesiton is, will someone do this as a second? or who is willing to payoff a $3MM balance
Restautant gross is 75MM on returns.
I am refinancing his real estate for additional capital but he needs something faster.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
-
11-29-2017, 02:37 PM #2
- Join Date
- Jun 2017
- Posts
- 2,049
Yesss.... why not? Send me the file, ill have an offer ASAP - ryanp@gmfunding.biz
No Payoff, But def a 2nd
Pay them all off once your refi happens
-
11-30-2017, 06:59 PM #3
- Join Date
- May 2017
- Posts
- 350
-
11-30-2017, 07:46 PM #4
- Join Date
- Jun 2016
- Posts
- 19
-
12-01-2017, 08:41 AM #5
- Join Date
- Jan 2016
- Posts
- 435
-
12-01-2017, 01:06 PM #6
- Join Date
- Jun 2016
- Posts
- 19
What are you talking about? Yeah I'm 5 years new....
Did you even read what I said? Did you even read what the OP said before you decided to run your little cum dumpster of a mouth?
He says they have a $3MM MCA balance then he says they have $1.5MM offers... and asks will someone do that as a 2nd pos?
Tell me, oh wise sage - how does that make sense to you? Since you're so great with math.....
Please,... I'll wait...Last edited by EatSleepFundRepeat; 12-01-2017 at 01:09 PM.
-
12-01-2017, 01:18 PM #7
- Join Date
- Jan 2014
- Posts
- 1,380
I have someone that may be able to assist you PM i point in right direction ....5m LOC wipe all all balances and net whatever he needs going forward
Similar Threads
-
How to payoff Cash Village Funding (can't get a payoff letter for 24k)
By johndough17 in forum Merchant Cash AdvanceReplies: 19Last Post: 10-04-2017, 07:09 PM -
IOU payoff instructions
By mbark in forum Deal BinReplies: 2Last Post: 10-11-2016, 09:26 PM -
Payoff 2 Positions (net less than 50%)
By WayUp in forum Deal BinReplies: 21Last Post: 10-05-2016, 06:10 PM -
Payoff Letter
By Yesfund in forum Merchant Cash AdvanceReplies: 8Last Post: 05-27-2015, 02:46 PM -
Payoff letters.....
By fundgorilla in forum Merchant Cash AdvanceReplies: 6Last Post: 09-24-2014, 01:28 PM