[Jstarr]

Sure, But the law wasn't regarding Homestead, it was regarding private lenders and OO properties -as of July, any lender caught making loans against oo properties could be charged with a felony.. now, i doubt this will happen, but you don't want to be the one finding out. ill send you an email micah.

Richard, Jerry Starr is the one who clued us into this new law on this board. Ask him. Jerry, care to help us out?

[RichardGerard]

Sure, But the law wasn't regarding Homestead, it was regarding private lenders and OO properties -as of July, any lender caught making loans against oo properties could be charged with a felony.. now, i doubt this will happen, but you don't want to be the one finding out. ill send you an email micah.

Thanks Jerry and Micah- With Bank loans- we can attach to the residence as additional collateral.. We can go up to 85% of the available equity. Also- if the lender is Licensed with NYS Dept of Financial Services they can write loans against OO Homes in the State

[BillionzandBillionz]

Thanks Jerry and Micah- With Bank loans- we can attach to the residence as additional collateral.. We can go up to 85% of the available equity. Also- if the lender is Licensed with NYS Dept of Financial Services they can write loans against OO Homes in the State

You are a broker, please stop pretending like you are a direct lender.

Richard Gusmano, managing director at Huntington, N.Y.-based
Business Capital Consultants, and Gary
Lockwood, its chief operating officer,
serve as brokers connecting borrowers
to the right online lender. Gusmano said
many clients are hungry for capital and
don’t know where to obtain it so they
turn to brokers for assistance

[RichardGerard]

You are a broker, please stop pretending like you are a direct lender.

Richard Gusmano, managing director at Huntington, N.Y.-based
Business Capital Consultants, and Gary
Lockwood, its chief operating officer,
serve as brokers connecting borrowers
to the right online lender. Gusmano said
many clients are hungry for capital and
don’t know where to obtain it so they
turn to brokers for assistance

Hahahahahaha... Very old information.. Haven't been in Huntington in years and Gary Lockwood is at 6th Avenue Capital running their ISO's- and more.

I've been on this blog awhile. Those that have been around more than a month know that I do not misrepresent what we do.

'WE' can arrange loans and UTILIZE 85% of the available equity on their homes as additional collateral so that lenders can endeavor to perfect a lien. We DO work with Several Banks- and fully understand their Underwriting Guidelines.

Our Real Estate Attorney (long-time friend and Confidant) has an NMLS # and is Licensed to lend in NYS- only on deals that he has an appetite for. We have helped Brokers on this Blog with this service on OO and CRE.

For your own edification: we do assist clients occasionally with our Capital as Bridge to deals that we arrange. Nothing more.. we do well enough Brokering that we don't see the need to lend.

What about you? Where are you based? What's your name? What does BillionzandBillions mean?

[BillionzandBillionz]

Hahahahahaha... Very old information.. Haven't been in Huntington in years and Gary Lockwood is at 6th Avenue Capital running their ISO's- and more.

and more..... so impressive, Are you proud of him?

I've been on this blog awhile. Those that have been around more than a month know that I do not misrepresent what we do.

you are a nobody, writing founder & CEO on your signature doesn't make you special and spamming your employees email around as if you're too busy to handle clients but have all the time in the world to come on here post.

'WE' can arrange loans and UTILIZE 85% of the available equity on their homes as additional collateral so that lenders can endeavor to perfect a lien. We DO work with Several Banks- and fully understand their Underwriting Guidelines.

you can arrange loans? you are a broker, plain and simple, nothing wrong with that just say it loud and proud.

You know Banks underwriting guidelines? thats wonderful, you should probably stop memorizing guidelines as they are provided to anyone by the banks website directly.

Our Real Estate Attorney (long-time friend and Confidant) has an NMLS # and is Licensed to lend in NYS- only on deals that he has an appetite for. We have helped Brokers on this Blog with this service on OO and CRE.

I have a buddy I grew up with thats a doctor now, and has a doctor license... can I start pretending that I am an orthopedic surgeon ?

For your own edification: we do assist clients occasionally with our Capital as Bridge to deals that we arrange. Nothing more.. we do well enough Brokering that we don't see the need to lend.

I have never seen you on bank statements as an MCA funder and I dont see your lending license on your website. Here is the truth. You are an MCA broker that has a friend or two in the mortgage industry.

By the way, using big words doesn't change the fact that you are not a licensed lender, nor do you fund anything with your own money.

What about you? Where are you based? What's your name? What does BillionzandBillions mean?

my name is Mr Billionz with a Z
I am based out of the USA
it means not just billionz but billionz and billionz

I bust Stupid Dope Moves and Bomb Atomically

[RichardGerard]

and more..... so impressive, Are you proud of him?



you are a nobody, writing founder & CEO on your signature doesn't make you special and spamming your employees email around as if you're too busy to handle clients but have all the time in the world to come on here post.



you can arrange loans? you are a broker, plain and simple, nothing wrong with that just say it loud and proud.

You know Banks underwriting guidelines? thats wonderful, you should probably stop memorizing guidelines as they are provided to anyone by the banks website directly.



I have a buddy I grew up with thats a doctor now, and has a doctor license... can I start pretending that I am an orthopedic surgeon ?





I have never seen you on bank statements as an MCA funder and I dont see your lending license on your website. Here is the truth. You are an MCA broker that has a friend or two in the mortgage industry.

By the way, using big words doesn't change the fact that you are not a licensed lender, nor do you fund anything with your own money.



my name is Mr Billionz with a Z
I am based out of the USA
it means not just billionz but billionz and billionz

I bust Stupid Dope Moves and Bomb Atomically

Speaking of Stupid- great quote:

'Never argue with stupid people, they will drag you down to their level- then beat you with experience.'

Best of luck to you and yours.

[BillionzandBillionz]

Speaking of Stupid- great quote:

'Never argue with stupid people, they will drag you down to their level- then beat you with experience.'

Best of luck to you and yours.

What happened Mr CEO and Founder? You go from big words and alot of hot air to just calling people stupid.

Maybe you should let Jared handle this one as well

this guy is a legend
http://www.parkcitymortgage.com/lo_jared_lagemann.php