Results 1 to 7 of 7
-
12-20-2017, 03:05 PM #1
- Join Date
- Aug 2017
- Posts
- 39
Who's funding property deals?
Who out there bites on property based financing? I have a guy with some rental properties. A total of about 120k in total equity that he wants to put up. Please let me know. Got mortgage statements and all.
Call me 646-693-2075. Thanks in advance guys!
-
12-20-2017, 05:03 PM #2
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Hey Kevin,
It isn't about the equity- its about the Loan to Value. If someone has a property worth $1,020,000 with a $900k Mortgage- the 120k in equity is not leverage-able unless it is for cross collateralization purposes. Check out the scotsmanguide.com for Real Estate Lenders based on property type and location.. Hope that helps..
RG
-
12-20-2017, 07:54 PM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,995
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
-
12-21-2017, 09:56 AM #4
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Hi Kevin,
Richard is correct. It is all about LTV. I fund a LOT of real estate, internally.
I can fund up to 70% LTV, in 47 states (with the exception of ND, SD and VT). Rates typically end up in the 8% - 9% range. 30 year term, with rates fixed for the first three years.
Feel free to reach out.
Best,
Dan Page
Direct: (303) 938-8280
Dan@BoulderEquityPartners.com
www.BoulderEquityPartners.com
-
12-21-2017, 02:10 PM #5
- Join Date
- Dec 2013
- Posts
- 4,713
look into this
https://www.sharestates.com/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
-
12-21-2017, 04:00 PM #6
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
-
01-16-2018, 04:07 PM #7
- Join Date
- Feb 2014
- Posts
- 79
Are you interested in partnering with me? I have many contacts if the person owns a business and has property to use a collateral.
Any deal split 50/50, with a contract.
If interested, please send contact info to: info@fundswired.com
Thank you!
Similar Threads
-
Mantis Funding Have Issues Funding Deals!!!
By Mr. Amilli in forum Merchant Cash AdvanceReplies: 4Last Post: 11-08-2017, 12:27 PM -
What type of deals are you funding?
By FlashGordon in forum Deal BinReplies: 10Last Post: 05-30-2017, 03:54 PM -
DC Property $3.4MM funding needed
By WhoElse? in forum Business LoansReplies: 3Last Post: 04-28-2017, 02:17 PM -
Funding Deals In Mexico
By Ger in forum Merchant Cash AdvanceReplies: 3Last Post: 03-30-2016, 05:40 PM -
Co-brokering deals - funding app
By JMKFunding in forum Merchant Cash AdvanceReplies: 4Last Post: 03-03-2015, 04:12 PM