Need help here - looking for 1 million dollars
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  1. #1
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    Need help here - looking for 1 million dollars

    Broker : I have a client that has an ocean front penthouse condo with panoramic views in south fla worth 1.7 million free and clear

    A 70,000 Sq ft storage facility worth 3 million with tenants - free and clear

    A 32,000 manufacturing facility with equipment valued over 1 million - free and clear

    Total of 5 million in assets .

    He's looking for 1 million dollars - problem is he is a sole prop.. and doesn't show W2 for income but is willing to collateralize property.
    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



  2. #2
    I may have someone to do the deal...Has this been shopped extensively?

  3. #3
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    Why doesn't he refi one of them through a traditional lender? Going to be a lot cheaper than any money you'll find on here.

  4. #4
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    I can get you a great rate without large upfront fees. We do a lot of these. bzuniga@omegafund.com
    Funding in 7 days

  5. #5
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    Need help here - looking for 1 million dollars

    feel free to call me... I'm a direct lender, hard and stuff money for real estate. booked most of the day tomorrow so try my cell, 248.514.2415 or my direct line at the office, 954.317.1818. Best of luck, this sounds like as easy as it gets. Dan

  6. #6
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    He doesn't show income on w2's


    Quote Originally Posted by anonymous View Post
    Why doesn't he refi one of them through a traditional lender? Going to be a lot cheaper than any money you'll find on here.

  7. #7
    Member Reputation points: 44 JeffMulford's Avatar
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    We would love the opportunity here at Samson Partners to work on this file. If you would like to discuss the file PM me or email me at Jeffrey@SamsonPartnersLLC.com My asset based lending division is discussing your posting now. No upfront fees associated. We have a plethora of funding options when it comes to collateralized loans that has been extremely successful.

  8. #8
    I can offer a collateral based loan, if you haven't found a home for this one please get in contact with me!
    Erin Dreselly

    World Business Lenders
    81 Market Sq., Suite 7
    Newington, CT 06111

    Direct: 860-549-2419
    Cell: 860-692-4636
    Fax: 860-499-5413
    Email: edreselly@wbl.com
    Web: www.wbl.com

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