Real Estate Loan $15k
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  1. #1

    Real Estate Loan $15k

    Small Residential Real Estate Investor
    - Good banks
    - consistent deposits (rent deposits and proceeds from flips)
    - good books

    Has 2 properties on market and has opportunity to pick up 3rd, but has cash crunch until 2 houses sell.

    Seeking $15k on 6-9mo term.

    I know this may be a stretch and not a fit for most lenders, but if it's a fit for your shop or you might refer a lender, please let us know. Thanks.

  2. #2
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    If he wants to use one of his properties until it's paid then he can payback the loan I have a lender that does flippers.
    Amanda Kingsley
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    Always Live and Lead with Integrity.

  3. #3
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    Does he have an up to date appraisal on the property? If so contact me.
    Last edited by IKorie; 02-06-2015 at 04:18 PM.

  4. #4
    Yes to appraisals, but each has a mortgage, but has positive equity and there will be profit upon sale. One is under contract now, should be done soon.

    Usually, I wouldn't take something like this, but guy is a pal of mine ... used to play poker together and his office is in my same complex.

  5. #5
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    Real Estate Loan $15k

    I'll cross collateralize his house or give him a second position hard money loan. Please email me henry@trustcapitalfunding.com

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