Results 1 to 4 of 4
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06-26-2015, 05:50 PM #1
Rush Asset-based Hotel Deal. Need $250-300K funded by Wednesday. Need 2-5 yr term
This client does over $1.5M annually between 5 properties.
Will only use 1-2 properties as collateral. There is more than enough equity in those 2 properties for a $900K loan.
Best option would be interest-only line of credit type of product but term loan is fine.
(Factoring is only OK if you can do 24 months or better at low factor rate. Factoring is least preferred method).
Looking for 250-300K, no less, at rates no higher than 27% on a term loan.
Monthly payments or bi-weekly payments preferred.
I'm looking for no less than 8pts.
If you know you can do such a deal with the terms listed above or close enough, or better,
PM me or email: solidmerchantsolutions@yahoo.com. In-house lenders please.
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06-28-2015, 01:53 PM #2
Is this a real estate deal, you mentioned looking for a 900k loan,then said you were looking for 250k to 300k - i would contact amanda kingsley she would be a great source for you, her screen name is whoiskingsley
Good luckJerry 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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06-28-2015, 09:15 PM #3
Rush Asset-based Hotel Deal. Need $250-300K funded by Wednesday. Need 2-5 yr term
thanks for the referral. I said there was enough equity between just 2 properties to lend 900K, but he's looking for a quick close.
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06-29-2015, 11:36 AM #4
This won't be possible to close by Wednesday, but here at WBL this sounds like a slam dunk.
Only issue will be the term -- we will be capped at 12-15 months.Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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