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06-04-2018, 02:03 PM #1
- Join Date
- Aug 2017
- Posts
- 39
What lenders consider residential Property as collateral
Client has 100k in equity and does roughly 30k monthly in revenue. Recent appraisal. What lenders would advance money based on both the equity and the revenue.
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06-04-2018, 02:09 PM #2
- Join Date
- Jun 2017
- Posts
- 2,049
KEYWORD is ADVANVCE MONEY.
Grand and WBL. Thats it,
If not an advance - there are plenty who will use real estate.
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06-04-2018, 02:33 PM #3
- Join Date
- Dec 2017
- Location
- San Diego, CA
- Posts
- 45
How much are they looking for?
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