Results 1 to 3 of 3
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02-01-2022, 10:54 AM #1
- Join Date
- Jul 2021
- Posts
- 46
Personal Real Estate Backed MCA
Merchant looking for 350k willing to encumber his home,, Has over 1.5 mill in equity.. Need a super fast turn-around and close.. Any lenders that take residential prop as collateral and can fund in a day or two? Rev's in excess of 200k monthly
Client will also do a commercial loan for 750k to 1 mill if he can use his personal residence as collateral...No appraisal yet, just comps and insurance valuation
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02-01-2022, 04:09 PM #2
Too bad it isn't NOO...
Fastest Close via Hard Money Program
- Rate is 9.99%
- LTV is 65%
- Points are 2.50% lender fee plus 2.5% broker fee
- 12 - 24 Month term
- Close in LLC w/ NOO Disclosures
- No DSCR Requirement / No Min Credit Requirement
- Current Appraisal can be used with site visit or Broker confirmation
- 7 Day CloseSteve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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02-11-2022, 08:48 AM #3
- Join Date
- Nov 2021
- Location
- Brickell Miami FL
- Posts
- 156
I might be able to get you 400, send me your email address
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