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10-26-2022, 01:17 PM #1
- Join Date
- Jun 2021
- Posts
- 1
Looking for a reverse 600K 7 positions
I am looking for a 600K reverse, with 7 positions.
1st deal falls off in 2 months last deal is in 8 months mostly corporate deals.
Lmk who would fund this?
Thanks
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10-26-2022, 02:23 PM #2
7 postions?
If they have property, do a hard money loan to pay these off.
Tell them to hire an accountant.Steve 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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10-26-2022, 02:36 PM #3
- Join Date
- Feb 2017
- Posts
- 3,416
A lot of the reverse consolidation people do 600k. However, there's probably a better solution out there that's collateralized or not and can make him whole. A reverse is a broker's dream, but there are some better, more legit solutions TBH. Industry? AR? RE? LOC? How's the credit and what's the industry? Send me a DM to discuss more.
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10-26-2022, 09:38 PM #4
- Join Date
- Oct 2022
- Posts
- 280
I would look into the SBA. What other details do you have?
I think we also might be working the same file LOL.
Elon Henek
1-631-251-8666Last edited by Ehenek; 10-26-2022 at 09:51 PM.
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10-27-2022, 09:15 AM #5
- Join Date
- Sep 2022
- Posts
- 58
We can do a reverse if the balances are less than the monthly gross deposits. and if the banks look decent enough.
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10-27-2022, 10:33 AM #6
- Join Date
- Sep 2022
- Posts
- 25
Looks like somthing I can help you with give me a call or email
-Asher Klien
asher@instafundadvance.com
347-377-0223
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11-01-2022, 06:44 PM #7
- Join Date
- Sep 2021
- Location
- Cali
- Posts
- 33
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