[Austin@SCP]

Looking for a lender to help with a file sent over by our bank partners. The wife in a divorce is looking for $2MM to buyout the husband with her property management company for $4.3MM in single family home properties managed by a sole owner with only $600,000 owed on the properties. The bank sent it to us because there is a divorce involved where the wife is buying out the husband, even though businesses are involved, they see it more as personal. Anyone have a connection or interest here please message me.

[Triton]

Wait for it...wait for it...

[AndyYSCISOdept]

here....do they own property?

[nrh1lp]

my money is on zach

[iso@wallfunding]

here....do they own property?

NO NO NO, Triton meant the WBL group!!! NOT Yellowstone!!

[CpepeWBL]

shoot me an email at cpepe@wbl.com

[Triton]

shoot me an email at cpepe@wbl.com

There it is!!

[NickMcIFundDaily]

call nick at 516 323 2300 ext 1006

[mcaguru]

I have seen wbl do some wild things....

[omegafund]

State?

[Austin@SCP]

shoot me an email at cpepe@wbl.com

Haha, I figured WBL wants to "look at it"... aren't they capped at 300% of monthly revenue though?

[Austin@SCP]

State?

46 total single family home properties all in the Kansas City Metro area.

[dpFund]

Hey Austin,

I'm sure this sounds like a great deal WBL. But there is another option to consider.

I have a colleague that I fairly regularly fund RE deals through where the client does not qualify for my funding model but has real estate to pledge.

Rates are typically in the 8% - 12% range, so it is a lot more affordable than other options. Term can range from 1 year to 30 years, depending upon a number of variables.

Email me if you would like to discuss.

Best,

Dan Page
dan@fundingstrategypartners.com

[Zach]

Austin,

This deal would probably not be a great fit for WBL. They require too much money and have too little revenue. Perhaps a traditional "hard money" source would be more applicable.

[Austin@SCP]

Austin,

This deal would probably not be a great fit for WBL. They require too much money and have too little revenue. Perhaps a traditional "hard money" source would be more applicable.

Thanks Zach. That is where we may be leaning especially since the bank wants to take it on after it isn't a personal matter.