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  1. #1
    Senior Member Reputation points: 16117 capaxess's Avatar
    Join Date
    Feb 2018
    Location
    west Florida
    Posts
    175

    CA Real Estate collateral deal

    I have a merchant that needs $500-750K to complete existing RE development.

    He has 3 MCA positions in distress that need to be taken out with enough left over to complete development.

    I don't do these deals as principal so I'm reaching out to the more experienced members for guidance on how to proceed.

    RE free and clear with APV's well over $3M, fico over 700, old BK (CH7 discharge in 2009), healthy revenue.

    Cheers to the board!

  2. #2
    Email me at Adam@funding-zone.com

    I'm sure my Hedge Fund would like to take a look at it.
    Adam Ward
    911 Ave U
    Brooklyn NY 11235
    adam@Funding-Zone
    347-269-1598

  3. #3
    Senior Member Reputation points: 7360
    Join Date
    Aug 2015
    Location
    Boulder, CO
    Posts
    755

    I am a real estate lender and this has possibilities. Most likely it would be a one year, interest only loan.

    Please feel free to reach out and discuss.

    Best,

    Dan Page
    Boulder Equity Partners
    Direct: (303) 938-8280
    dan@boulderequitypartners.com

  4. #4
    Senior Member Reputation points: 5036 DiamondBL's Avatar
    Join Date
    Oct 2015
    Location
    Beverly Hills, CA
    Posts
    203

    Quote Originally Posted by capaxess View Post
    I have a merchant that needs $500-750K to complete existing RE development.

    He has 3 MCA positions in distress that need to be taken out with enough left over to complete development.

    I don't do these deals as principal so I'm reaching out to the more experienced members for guidance on how to proceed.

    RE free and clear with APV's well over $3M, fico over 700, old BK (CH7 discharge in 2009), healthy revenue.

    Cheers to the board!
    What part of CA?
    Jonathan Kohanoff
    B.R.E. #01962090

    Diamond Business Loans
    Beverly Hills, CA 90211
    jon@diamondbl.com
    www.DiamondBL.com

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