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05-01-2017, 01:45 PM #1
- Join Date
- Mar 2016
- Posts
- 335
Hard Money
Got a client with a dirty account (defaulted MCA's, bad credit, unable to provide tax return). He has a property with 150k equity. Anyone want to point me in the right direction?
Does about 100k per month. Not interested in WBL.
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05-01-2017, 01:50 PM #2
Not sure what can be done for this one. If it's free-and-clear, there may be hard money lenders who will consider it. Otherwise, it's a deal for the trash bin unfortunately.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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05-01-2017, 02:08 PM #3
- Join Date
- Mar 2016
- Posts
- 335
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05-01-2017, 03:09 PM #4
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Hey Ted,
I do a lot of low interest (6% - 12%) real estate deals and my guess is that Zach is probably right.
Bad credit and no tax returns will be hard with a real estate deal. Sometimes we can get past bad credit but if the client cannot or will not provide tax returns, it gets pretty tough.
Sounds like it might not be worth your effort.
Happy to talk though, if you are interested.
Best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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