Results 1 to 7 of 7
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07-18-2018, 01:12 PM #1
Reputation points: 52
- Join Date
- Apr 2018
- Posts
- 12
A Paper Deal getting approved for 12-18 months, wants 30 day payoff.
Have a client getting approved for 12-18 month deals but only needs the money for 30 days. 100k approvals but on a 30 day payoff he will only pay 105k-110k. Need a crazy pre payment addendum. All stips on hand and merchant will sign asap.
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07-18-2018, 01:15 PM #2
Reputation points: 503040
- Join Date
- Oct 2016
- Posts
- 4,318
How many points are you trying to make, cuz it would effectively be a 1.05-1.10?
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07-18-2018, 01:25 PM #3
Reputation points: 52
- Join Date
- Apr 2018
- Posts
- 12
Open to negotiation, just trying to get the deal done.
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07-18-2018, 03:32 PM #4
Reputation points: 3250
- Join Date
- Sep 2016
- Posts
- 169
i can try and work something were ull make a point or 2-- we'll underwrite as a reg deal but throw in a crazy pre pay..
irving@ufsfunding.comIrving Winograd
Unique Funding Solutions
646-460-3139
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07-18-2018, 06:48 PM #5Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
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07-18-2018, 07:54 PM #6Karen37aGuest
I had offers like this before( convinced them out of it)...Ive never seen anyone actually make the 30 days..well actually one said he did.
The problem is you are going to get paid almost nothing commission wise because they are going to base it off of the 30 days ....then he wont pull the trigger
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07-28-2018, 05:18 PM #7
Try loanme if in the right state
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