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04-23-2018, 01:04 PM #1Member
Reputation points: 10
- Join Date
- Jul 2017
- Posts
- 49
Real Estate Developer in TEXAS needs $600k to pay off a Balloon
High net worth real estate developer needs an advance to pay off a balloon note.
Deposits are $500k-$600k monthly.
Looking for a factor rate of 1.20-1.22.
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04-23-2018, 05:04 PM #2Senior Member
Reputation points: 16709
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 727
Use some of his RE. If he owns NOO RE in Texas with equity we have private sources for that to fund. No upfront fees/ no appraisals needed. Close 5 days
Ben
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