[TB-Commercial]

(Again, not sure if this is the right place. If not, I would be happy to go to the right place if directed.)

I have a client with mid to high 700's credit looking to purchase a bundle of 15 residential properties. Current value of the properties is $1.9M, asking price is $1.2 but seller is negotiable. Yearly gross rents are $184k with NOI at $148k. Obviously I need something longterm, as a monthly NOI of around $12k won't support a $1M+ debt with a short-term product... This seems like something he could go to the bank with but he doesn't want to go through all the hoops... any ideas?

Thank you very much in advance. :-)

[dpFund]

Hi There,

Very likely I can help. We are in process of a $4.1M loan on 47 properties right now.

Feel free to shoot me an email so we can discuss.

Best,

Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com

[TB-Commercial]

Thanks Dan, just sent you an email.

[LCNYS]

Is he coming up with a down payment ? how much loan to cost is he looking for ?

[TB-Commercial]

Is he coming up with a down payment ? how much loan to cost is he looking for ?

Thanks for the response. He says he has access to about $140k right now, but can get more if needed.

[affordablecreditrepair]

I might be able to help. We seem to do the same thing and that is "fund deals"
either direct or as an intermediary, having qualified that....

What do you mean by "hoops" ? Time for closing ? Guarantee for the deal,
proving up ? and if due diligence is that you speak of.. "what specifically",
as you know, different lenders EVEN BANKS, have different requirements.

I do have banks in pocket who have soft terms. Please advise. Thanks.

Dan Nash
Colvert Capital Funding
www.ccfunding.tk
info@thecolvertcompany.com
(641) 715.3900 ext. 40757

[Funder Mark]

I might be able to help. We seem to do the same thing and that is "fund deals"
either direct or as an intermediary, having qualified that....

What do you mean by "hoops" ? Time for closing ? Guarantee for the deal,
proving up ? and if due diligence is that you speak of.. "what specifically",
as you know, different lenders EVEN BANKS, have different requirements.

I do have banks in pocket who have soft terms. Please advise. Do so, via
email NOT HERE. realpropertyx@yahoo.com. Thanks.

Dan Nash
Colvert Capital Funding
www.ccfunding.tk
(641) 715.3900 ext. 40757

You do realize you would have come across more legit if you would have pm'd the guy, rather then use a yahoo account?

[affordablecreditrepair]

I have a reason to "why" I add an generic email. However, since you
are an admin, I removed the email.

[TB-Commercial]

Thanks all.