[FUNd]

Love how the WBL guys always slide in the 100% no exception, must have, low LTV property collateral requirement last on every pitch.

[pmoney]

Love how the WBL guys always slide in the 100% no exception, must have, low LTV property collateral requirement last on every pitch.

Well think about it... If I don't mention the collateral aspect and I get a call only to find out they don't own real estate then everyone's time is wasted. I don't know about you but time as by far my most valuable commodity. And to be honest the LTV requirement isn't that low; many commercial lenders can't even do a 2nd position up to 75% CLTV with no credit score requirements, and good luck finding funding for a 3rd position on raw land regardless of the CLTV. Personally, I'd set the value limit even lower if it was my money on the line considering many areas currently have inflated real estate values, but that's an entirely separate subject.