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11-27-2019, 05:59 PM #1
- Join Date
- Nov 2014
- Location
- Fort Lauderdale, FL
- Posts
- 66
35k Hard Money Loan Needed
Direct Small Balance Hard Money lender needed.
I have a prospect in need of 30k-35k hard money loan. He owns a free and clear condo in Fort Myers, FL. He is currently a truck driver and is looking to become an independent Owner operator hauling construction materials. The money will be used to purchase a 2012 dump Truck worth 40k. He only has about 10k of his own money, which will be used for insurance and working capital for the first weeks.
Happy Thanksgiving to all!William R. Mateo
Mateo Capital Group
Tel: (954)802-2833|Fax: (888)860-1508
http://www.mateocapitalgroup.com
Supporting Common Sense Financing!
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11-30-2019, 02:57 PM #2
That wont happen, its too small - and after we charge and pay points, BPO and or Appraisal, title, title insurance, doc stamps, recording, insurance etc - he wont net 35,000 - he's better off trying to get a credit card or get a personal loan.
if it were closer to $100,000, i would consider it and that would be at a 75% LTV.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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11-30-2019, 03:23 PM #3
No positive comments since I've interacted in this forum. Do you actually introduce yourself to people with these type of comments? You're in Boca Raton - Go enjoy the weather and stop being disruptive with your negative insights.
Last edited by JasonBishop; 12-01-2019 at 03:25 AM.
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12-07-2019, 12:31 AM #4
I can do it , call me at 305-992-6745 AFG FUNDING
Sia Heravi
WWW.AFGFUNDING.COM
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