Results 1 to 9 of 9
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09-26-2018, 06:20 PM #1
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CHURCH - HARD MONEY - Anyone?
Church, hard money, anyone?
I've got two churches
35% loan to value on one and 65% on the other.
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09-26-2018, 06:29 PM #2
Reputation points: 236065
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https://dailyfunder.com/showthread.p...ht=church+loan
There's a little "search" button on the top right that's free of charge.
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09-26-2018, 08:10 PM #3
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Anyone who responds is going to hell.
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09-26-2018, 09:28 PM #4
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09-27-2018, 09:52 AM #5
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09-27-2018, 10:04 AM #6
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Is it possible to get a COJ on a collection basket?
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09-27-2018, 10:58 AM #7
Well, i have first hand experience with this, the short answer is no, and we learned the hard way..
We provided funding on two churches in north east florida based on tithings and real estate value, church was extablished for 30 years under same pastoral staff. to make a long story short, our terms were 6 mohtns based on a bank refinance - bank turned them down.
Nobody wants to be in the courtroom foreclosing on a chiurch.Trust me, we've been there.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
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09-27-2018, 11:37 AM #8
Reputation points: 16724
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- Apr 2018
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- 104
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09-27-2018, 05:12 PM #9
not hard money but griffin church loans brokers them. That is all they do
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