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02-24-2017, 05:09 PM #1
- Join Date
- Jan 2014
- Posts
- 1,380
Real estate as collateral needs 350k
Merchant owns 20acres (his business is located on this property as well) property is is worth a little north of $3,000,000 he owes about $1,400,00 on it. On his current mortgage he is paying 5%. Is looking to pull out about $350k
Credit is good
financials in order
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02-25-2017, 04:13 AM #2
- Join Date
- Jan 2017
- Posts
- 6
What state is the property located? I may be able to facilitate this deal. Contact me:
Anthony Largie
347-455-1519
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02-25-2017, 02:12 PM #3
- Join Date
- Jan 2014
- Posts
- 1,380
its in Florida
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02-27-2017, 11:08 AM #4
- Join Date
- Feb 2017
- Location
- Fort Washington, PA
- Posts
- 37
What type of property is this? I could help out with a cash out refinance, with no income verification. Feel free to contact me at (215) 619-2543 or sbuchholz@velocitymortgage.com. Scott Buchholz
Scott Buchholz
Account Executive
Velocity Mortgage Capital
215.619.2543 Direct
sbuchholz@velocitymortgage.com
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03-02-2017, 09:37 PM #5
...
Last edited by Jstarr; 03-18-2017 at 07:01 PM.
Jerry 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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03-18-2017, 07:00 PM #6
does he have his primary residence on the property or just his business ? If its his primary residence there isn't anyone there that could help you, Technically anyone that solicits/ brokers a mortgage for a primary residence should have a mortgage license or could face pretty stiff penalties, we are private lenders and have to conform to tridd and dodd frank laws that prohibit us from doing loans on primary residences especially if its homesteaded , now WBL might offer you something but they're not an asset based lenders - they will ask for bank statements and basically do an mca and using the home as collateral.
Last edited by Jstarr; 03-18-2017 at 07:04 PM.
Jerry 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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05-07-2017, 01:40 PM #7
Sachip24, is this deal still floating? Late to the party, but I'm in Florida as well. Contact me to discuss in detail.
Last edited by CritonCapital; 05-07-2017 at 01:44 PM.
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05-07-2017, 07:33 PM #8
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,993
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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07-29-2017, 07:59 PM #9
- Join Date
- Jul 2017
- Posts
- 49
Call Lorraine at 765.517.0975.
Lorraine McNair - COO
MoveAhead Financial
2114 E Blvd
Kokomo, IN 46952
lorraine@moveaheadfin.com
www.moveaheadfin.com
765.517.0975
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