All Discussions Tagged 'bankruptcy' - Real Estate Finance2024-03-29T14:07:54Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=bankruptcy&feed=yes&xn_auth=noUNDISCLOSED REBATES TO BROKERS UP TO 2 pts from COMMERCIAL BANK!tag:realestatefinance.ning.com,2017-09-19:6517464:Topic:3080162017-09-19T14:57:33.684ZNatalie Dumonthttps://realestatefinance.ning.com/profile/NatalieDumont52
<p align="center"><span class="font-size-5" style="color: #3366ff;"><b>~ BofI Federal Bank ~</b></span></p>
<p align="center"><em><span>(call Natalie at 617-833-1565 or email at ndumont@bofifederalbank.com)</span></em></p>
<p><span>Do you have a client buying/refinancing a multi-family or small balance commercial property in good market with good cash-flow who was <em>TURNED DOWN BY A LOCAL BANK</em> (Fannie/Freddie)? Or is your client buying a <em>RECENTLY RE-DEVELOPED BUT ALREADY STABILIZED…</em></span></p>
<p align="center"><span class="font-size-5" style="color: #3366ff;"><b>~ BofI Federal Bank ~</b></span></p>
<p align="center"><em><span>(call Natalie at 617-833-1565 or email at ndumont@bofifederalbank.com)</span></em></p>
<p><span>Do you have a client buying/refinancing a multi-family or small balance commercial property in good market with good cash-flow who was <em>TURNED DOWN BY A LOCAL BANK</em> (Fannie/Freddie)? Or is your client buying a <em>RECENTLY RE-DEVELOPED BUT ALREADY STABILIZED PROPERTY WITH NO HISTORICAL OPERATING STATEMENTS?</em></span></p>
<p align="center"><strong><span><span style="color: #ff0000;">NO NEED TO SEND YOUR CLIENTS TO SOFT OR HARD MONEY LENDERS</span>!</span></strong></p>
<p align="center"><strong><span>WE CAN HELP!</span></strong></p>
<p><span>Please send them our way. We are a non-prime federal bank.</span></p>
<p><span>-Nationwide lending in $1MM+ MSA markets</span></p>
<p><span>-Typical properties: MFs (up to 200 units), student and Sr. housing, and any SBC (except single-tenant). Stabilized income properties only. </span></p>
<p><span>-We pay <span style="color: #3366ff;">UNDISCLOSED YSP</span> to brokers up to 2pts</span></p>
<p><span>-Offer <span style="color: #3366ff;">PAR RATES</span> to your clients (rates start at 4.5%)</span></p>
<p><span>-Strong Foreign Nationals program </span></p>
<p><span>-Reverse 1031 Exchange program</span></p>
<p></p>
<p><span class="font-size-3" style="color: #3366ff;"><b>Please contact me at 617-833-1565 or<u> ndumont@bofifederalbank.com</u></b></span></p>
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<p><span><span style="text-decoration: underline; color: #ff0000;">EXAMPLES OF CLOSED DEALS:</span></span></p>
<p><span>-borrower having <b>no rental or management experience</b></span></p>
<p><span>-<b>FICO in 500s </b></span></p>
<p><span>-<b>Temporarily unemployed</b> borrower with low or even <b>negative global cash flow</b></span></p>
<p><span>-Very <b>low liquidity</b> and/or <b>net-worth</b></span></p>
<p><span>-<b>Tax liens</b> or Sponsors with <b>open law suits</b></span></p>
<p><span>-<b>Recent mortgage lates</b>, foreclosures, bankruptcies or judgements</span></p>
<p><span>-Poor historical operating statements</span></p>
<p><span>-Illegal units in the building</span></p>
<p><span>-Title violations</span></p>
<p><span>-We have no parking per unit requirements</span></p>
<p><span>-Unique properties</span></p> Financing for troubled borrowers.tag:realestatefinance.ning.com,2017-01-11:6517464:Topic:2910492017-01-11T19:06:37.952ZKevin Yeatshttps://realestatefinance.ning.com/profile/KevinYeats
<p><span class="font-size-5" id="docs-internal-guid-2caf0395-8ee2-c4de-b9ce-2199a0019d0f" style="font-family: 'times new roman', times;"><span id="docs-internal-guid-2caf0395-8ee7-b3b3-c6e9-869978fc8171">I work with a lender with the ability to fund loans to borrowers who are not in the best financial position.</span></span></p>
<p><span style="font-family: 'times new roman', times; font-size: 16pt;">For example, the borrowers entered into bankruptcy in 2013 to reorganize their debt and bring…</span></p>
<p><span id="docs-internal-guid-2caf0395-8ee2-c4de-b9ce-2199a0019d0f" style="font-family: 'times new roman', times;" class="font-size-5"><span id="docs-internal-guid-2caf0395-8ee7-b3b3-c6e9-869978fc8171">I work with a lender with the ability to fund loans to borrowers who are not in the best financial position.</span></span></p>
<p><span style="font-family: 'times new roman', times; font-size: 16pt;">For example, the borrowers entered into bankruptcy in 2013 to reorganize their debt and bring their property taxes current (both deal killers for most lenders). Although these borrowers were in bankruptcy, our the lender noticed their high net worth ($2,436,700) and the income generated by the property. Despite the borrower's problematic filings, the lender was able to treat the problems as merely speed bumps and close on this $2,100,000 loan, because of their nice income-generating property and their high net worth.</span></p>
<p><span style="font-family: 'times new roman', times; font-size: 16pt;">Kevin Yeats</span></p>
<p><span style="font-family: 'times new roman', times; font-size: 16pt;">kyeats@netzero.net</span></p>
<p><span style="font-family: 'times new roman', times; font-size: 16pt;">Principals only - NO brokers</span></p>
<p><span style="font-family: 'times new roman', times; font-size: 16pt;">No upfront fees.</span></p> Having Difficulty Qualifying For A Conventional Loan In California?tag:realestatefinance.ning.com,2013-07-31:6517464:Topic:940812013-07-31T23:55:12.538ZKen and Ari Walkerhttps://realestatefinance.ning.com/profile/ForestTardibuono
<p>I offer loans from private individuals that are based on the equity in existing real estate or based on a decent down payment for a purchase. Credit, bankruptcy, short sale or foreclosures are not a problem with this type of home loan.</p>
<p>Private Money, also called Hard Money, is funded by private individuals. It isn't from a bank or some other institution. I have been offering such loans throughout Northern California for over 20 years! CALL NOW (707) 523-2099.</p>
<p>Hard Money…</p>
<p>I offer loans from private individuals that are based on the equity in existing real estate or based on a decent down payment for a purchase. Credit, bankruptcy, short sale or foreclosures are not a problem with this type of home loan.</p>
<p>Private Money, also called Hard Money, is funded by private individuals. It isn't from a bank or some other institution. I have been offering such loans throughout Northern California for over 20 years! CALL NOW (707) 523-2099.</p>
<p>Hard Money specifics video: <a href="http://www.sunpacmortgage.com/hard-private-money-loans/" target="_blank">What is private money and how can I help you?</a></p>
<p>There are some great advantages with a hard money loan. What if your credit isn't bank worthy? What if you are looking for speed? Hard Money loans are generally much faster than a bank loan. The property you want to borrow against may not be something a bank will lend on. Banks require a property be in good shape. You can get a Hard Money loan even with bad credit, so long as you have equity in the property.</p>
<p>I am the Broker and Owner of Sun Pacific Mortgage & Real Estate which is a local, family owned and run company that has successfully helped hundreds with real estate and hard money loans for over 25 years.</p>
<p>Located at 800 Mendocino Ave. Suite #2 Santa Rosa, CA 95401. Check out our regularly updated website at <a href="http://www.sunpacmortgage.com" target="_blank">Sun Pacific Mortgage & Real Estate website</a> and get on our email list to receive regular real estate tips, inside data and loan/mortgage tips and rates, upcoming affordable home for sale not yet on the market, etc.</p>
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<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/124769562?profile=original" target="_self"><img width="750" src="http://storage.ning.com/topology/rest/1.0/file/get/124769562?profile=RESIZE_1024x1024" width="750" class="align-center"/></a><br/>DRE #01464899. NMLS #360993</p>
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