Collaterized Loan
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  1. #1

    Collaterized Loan

    I have a merchant who is willing to put up $4m in property (owns 100%) to secure a collateralize loan
    Merchant is doing $1-$1.5m a month. 770+ credit
    Merchant is looking for $1m - $1.5m

    If there's anyone who can work with something like this, please let me know
    PM me or post a list of companies that can work this something like this below if you can please

  2. #2
    Senior Member Reputation points: 338677
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    Quote Originally Posted by MadisonParker View Post
    I have a merchant who is willing to put up $4m in property (owns 100%) to secure a collateralize loan
    Merchant is doing $1-$1.5m a month. 770+ credit
    Merchant is looking for $1m - $1.5m

    If there's anyone who can work with something like this, please let me know
    PM me or post a list of companies that can work this something like this below if you can please
    What industry? We might be able to do something without involving the real estate.
    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
    I can get you an offer for hard money against the real estate asset - 12%-17% interest only payments - one year term origination fee 4-8% depending on the asett / situation. In- house deal.

    Will be a nice commission for you. ms@gomissionfunding.com

  4. #4
    Senior Member Reputation points: 5110 LJH365's Avatar
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    Quote Originally Posted by SirfundedALOT View Post
    I can get you an offer for hard money against the real estate asset - 12%-17% interest only payments - one year term origination fee 4-8% depending on the asett / situation. In- house deal.

    Will be a nice commission for you. ms@gomissionfunding.com
    If those are the rates you're getting (and posting), you need to find some new hard money lenders.
    Sean Hawley
    CEO
    BLF
    Bright Light Freight
    shawley@brightlightfreight.com.com
    631-210-6327
    SBA, Term Loans, LOC, MCA & Equipment Finance (Transportation & Trucking)

  5. #5
    Quote Originally Posted by LJH365 View Post
    If those are the rates you're getting (and posting), you need to find some new hard money lenders.
    I guess I am just just a greedy gannet.

    What rates do you think are ok.

  6. #6
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    If it isnt Raw Land, Ill do that deal depending on what state at 10% With Interest only payments.. for 24 months.

    Remember " We Dont Quote Deals, We close Them"

    Our money, Our Terms......
    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



  7. #7
    Stated income/private money rates 7's-9's%, 30-yr program (no balloon). Much is depending on building and loan structure. Direct lender.
    What state? Contact me.

  8. #8
    The land is raw land, will be developed with the money
    Let me know what asset backed / hard money lenders will work with this

  9. #9
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    thats a tough one, We have a tremendous amount of " Land " on our books thats why we stopped, its a hard sell, we just recently sold some at 50% UPB just to get it off our Books
    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



  10. #10
    Senior Member Reputation points: 32658 Zach's Avatar
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    Quote Originally Posted by MadisonParker View Post
    The land is raw land, will be developed with the money
    Let me know what asset backed / hard money lenders will work with this
    WBL is one of the only lenders currently funding land. Give me a call when you can to discuss.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

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