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  1. #1
    Senior Member Reputation points: 341293
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    Mar 2015
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    Quote Originally Posted by AllenTCFunding View Post
    I think everyone has seen the deal youre talking about.
    Everyone's cat, dog, ferret, cousin, Dutch Uncle, crazy sister, and pastor has seen the deal.......and he thinks he's going to be fine.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  2. #2
    Senior Member Reputation points: 341293
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    Quote Originally Posted by kevinhenry0527 View Post
    Everyone's cat, dog, ferret, cousin, Dutch Uncle, crazy sister, and pastor has seen the deal.......and he thinks he's going to be fine.
    Hell...I saw it three times from three different brokers. I told the last broker that nobody is going to be able to help him. The broker thought she was going to be able to get it done and stop the stacking nonsense because the owner would listen to her. That's when milks came out of my nose.....
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Senior Member Reputation points: 7360
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    Aug 2015
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    Boulder, CO
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    Quote Originally Posted by kevinhenry0527 View Post
    Hell...I saw it three times from three different brokers. I told the last broker that nobody is going to be able to help him. The broker thought she was going to be able to get it done and stop the stacking nonsense because the owner would listen to her. That's when milks came out of my nose.....
    If it is the same deal I am thinking about I saw it too. Came to me looking for consolidation. Nope.

    That stated...the client owns property that is pretty heavily leveraged but I actually have a shot at pulling more equity out of his property at 8% - 12% rate.

    That is about the only way out of a problem like this.

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