Need Lending for Rental Property Purchases - Real Estate Finance2024-03-28T19:05:05Zhttps://realestatefinance.ning.com/forum/topics/need-lending-for-rental-property-purchases?commentId=6517464%3AComment%3A178639&feed=yes&xn_auth=noI am a Registered and License…tag:realestatefinance.ning.com,2014-06-02:6517464:Comment:1786392014-06-02T06:12:35.990ZSteve Smarthttps://realestatefinance.ning.com/profile/SteveSmart
<p>I am a Registered and Licensed Money Lender/investor<br/>who gives out loans of various kinds such as Payday,<br/>Personal, Mortgage, Business, Auto Loans to Serious<br/>and Interested People at a very low Cost affordable<br/>rate. Contact me today via email at to get started<br/>stevesmart.mbod@gmail.com<br/><br/>DON'T MISS OUT THIS GREAT OPPORTUNITY!<br/>stevesmart.mbod@gmail.com<br/><br/></p>
<p>I am a Registered and Licensed Money Lender/investor<br/>who gives out loans of various kinds such as Payday,<br/>Personal, Mortgage, Business, Auto Loans to Serious<br/>and Interested People at a very low Cost affordable<br/>rate. Contact me today via email at to get started<br/>stevesmart.mbod@gmail.com<br/><br/>DON'T MISS OUT THIS GREAT OPPORTUNITY!<br/>stevesmart.mbod@gmail.com<br/><br/></p> We are private equity & v…tag:realestatefinance.ning.com,2014-05-30:6517464:Comment:1783192014-05-30T18:37:49.565ZRichard Maxhttps://realestatefinance.ning.com/profile/RichardMax
<p>We are private equity & venture capital investment company who are ready to fund projects in the form of debt finance.<br></br><br></br>Do you need a loan to Enhance your business? Loan to Consolidate your Debt? Loan for personal uses? Loan for credit Card? Mortgage Loan? We are the solution to your financial problem. We grant loan to both cooperate and private entities at a low interest rate. The terms are very flexible and interesting.<br></br><br></br>Kindly revert back if you have projects that…</p>
<p>We are private equity & venture capital investment company who are ready to fund projects in the form of debt finance.<br/><br/>Do you need a loan to Enhance your business? Loan to Consolidate your Debt? Loan for personal uses? Loan for credit Card? Mortgage Loan? We are the solution to your financial problem. We grant loan to both cooperate and private entities at a low interest rate. The terms are very flexible and interesting.<br/><br/>Kindly revert back if you have projects that needs funding for further discussion and negotiation.<br/><br/>Best Regards,<br/>Richard Max.<br/>(872) 225-2819<br/>Address: 4625 Sherland Rd,Mountain View,<br/>CA 94043, USA.</p> We are private equity & v…tag:realestatefinance.ning.com,2014-05-16:6517464:Comment:1753522014-05-16T21:44:29.164ZRichard Maxhttps://realestatefinance.ning.com/profile/RichardMax
<p>We are private equity & venture capital investment company who are ready to fund projects in the form of debt finance.<br></br><br></br>Do you need a loan to Enhance your business? Loan to Consolidate your Debt? Loan for personal uses? Loan for credit Card? Mortgage Loan? We are the solution to your financial problem. We grant loan to both cooperate and private entities at a low interest rate. The terms are very flexible and interesting.<br></br><br></br>Kindly revert back if you have projects that…</p>
<p>We are private equity & venture capital investment company who are ready to fund projects in the form of debt finance.<br/><br/>Do you need a loan to Enhance your business? Loan to Consolidate your Debt? Loan for personal uses? Loan for credit Card? Mortgage Loan? We are the solution to your financial problem. We grant loan to both cooperate and private entities at a low interest rate. The terms are very flexible and interesting.<br/><br/>Kindly revert back if you have projects that needs funding for further discussion and negotiation.<br/><br/>Best Regards,<br/>Richard Max.<br/>(872) 225-2819<br/>Address: 4625 Sherland Rd,Mountain View,<br/>CA 94043, USA.</p> AT LAST "REVENUE & ASSET…tag:realestatefinance.ning.com,2014-04-02:6517464:Comment:1664682014-04-02T07:28:28.396ZCalvin Butlerhttps://realestatefinance.ning.com/profile/CalvinButler
<div class="xg_headline xg_headline-img xg_headline-2l">AT LAST "REVENUE & ASSET BASED LOANS FOR REAL ESTATE INVESTORS'<div class="tb"><ul class="navigation byline">
<li><a class="nolink">Posted by</a> <a href="http://realestatefinance.ning.com/profile/CalvinButler">Calvin Butler</a> <a class="nolink">on April 1, 2014 at 10:49pm in</a> <a href="http://realestatefinance.ning.com/forum/categories/lending-page/listForCategory">Lending Page…</a></li>
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<div class="xg_headline xg_headline-img xg_headline-2l">AT LAST "REVENUE & ASSET BASED LOANS FOR REAL ESTATE INVESTORS'<div class="tb"><ul class="navigation byline">
<li><a class="nolink">Posted by</a> <a href="http://realestatefinance.ning.com/profile/CalvinButler">Calvin Butler</a> <a class="nolink">on April 1, 2014 at 10:49pm in</a> <a href="http://realestatefinance.ning.com/forum/categories/lending-page/listForCategory">Lending Page</a></li>
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<p class="yiv8102254470MsoNormal"><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/57498592?profile=original"><img class="align-center" src="http://storage.ning.com/topology/rest/1.0/file/get/57498592?profile=original" width="635"/></a>CASE STUDY 1</p>
<p id="yui_3_13_0_1_1396409126377_2458" class="yiv8102254470MsoNormal">*** $30K REAL ESTATE INVESTOR /FLIPPER</p>
<p id="yui_3_13_0_1_1396409126377_2461" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2455" class="yiv8102254470MsoNormal">BORROWER: REAL ESTATE INVESTOR /FLIPPER</p>
<p id="yui_3_13_0_1_1396409126377_2454" class="yiv8102254470MsoNormal">GROSS REVENUE: $12K/MONTH</p>
<p id="yui_3_13_0_1_1396409126377_2453" class="yiv8102254470MsoNormal">COLLATERAL: 2 PROPERTIES IN CONTRACT</p>
<p id="yui_3_13_0_1_1396409126377_2460" class="yiv8102254470MsoNormal">USE OF FUNDS: ACQUISITION OF 2 FIX AND FLIP REO PROPERTIES</p>
<p id="yui_3_13_0_1_1396409126377_2459" class="yiv8102254470MsoNormal">FICO: 580 AND 650</p>
<p id="yui_3_13_0_1_1396409126377_2464" class="yiv8102254470MsoNormal">NEGATIVES: CASH FLOW</p>
<p id="yui_3_13_0_1_1396409126377_2465" class="yiv8102254470MsoNormal">POSITIVES: EQUITY IN COLLATERAL, CLEAR USE OF PROCEEDS, 2 PARTNERS</p>
<p id="yui_3_13_0_1_1396409126377_2466" class="yiv8102254470MsoNormal">REVENUE QUOTE: $24K (BASED ON $12K GROSS MONTHLY REVENUE)</p>
<p id="yui_3_13_0_1_1396409126377_2467" class="yiv8102254470MsoNormal">COLLATERAL QUOTE: $40K (BASED ON 50% EQUITY)</p>
<p id="yui_3_13_0_1_1396409126377_2468" class="yiv8102254470MsoNormal">FINAL LOAN AMOUNT: $30K</p>
<p id="yui_3_13_0_1_1396409126377_2473" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2474" class="yiv8102254470MsoNormal">NOTES: The investors went into contract on 2 residential properties. Because they are in contract on the properties they pledged the target properties. They purchased bank owned properties for 25 cents on the dollar. We are making an exception and lending 250% of monthly gross because they were sold by the bank for 25 cents on the dollar. If they default we own properties worth $120K on a $30K loan. we also made an exception because there are 2 signors. The investors also have a short but documented track record of making good deals. They also made several referrals before we closed. Their previous hard money lender was charging them 10% per 30 days.</p>
<p id="yui_3_13_0_1_1396409126377_2475" class="yiv8102254470MsoNormal">-END-</p>
<p class="yiv8102254470MsoNormal"><b id="yui_3_13_0_1_1396409126377_2419"><u id="yui_3_13_0_1_1396409126377_2418"><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/57498702?profile=original"><img class="align-right" src="http://storage.ning.com/topology/rest/1.0/file/get/57498702?profile=original" width="300"/></a>FINANCING OVERVIEW</u></b></p>
<p id="yui_3_13_0_1_1396409126377_2412" class="yiv8102254470MsoNormal">We have a fantastic no-out-of-pocket, no monthly payment, and no balloon payment lending platform for ANY business including real estate investors.</p>
<p id="yui_3_13_0_1_1396409126377_2413" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2414" class="yiv8102254470MsoNormal">It also constitutes a powerful additional revenue stream for ISOs, business brokers, real estate wholesalers, realtors, marketers and hard money lenders who send us referrals: </p>
<p class="yiv8102254470MsoNormal"><span style="text-decoration: underline;"><strong>We pay 1.5% of the loan amount per referral! Just send us the client’s name and telephone number!</strong></span></p>
<p id="yui_3_13_0_1_1396409126377_2415" class="yiv8102254470MsoNormal">FOR BUSINESSES: Merchant Cash Advances are dead! You will NEVER take another Merchant Cash Advance again! MCA companies lend only 20% - 100% of monthly gross – WE LEND 200% OF MONTHLY GROSS! And our cost is ALWAYS lower!</p>
<p id="yui_3_13_0_1_1396409126377_2416" class="yiv8102254470MsoNormal">FOR REAL ESTATE INVESTORS: We can lend you the money TO GET hard money – OR – we can provide “Gap” funding to complete a project when the hard money runs out!</p>
<p id="yui_3_13_0_1_1396409126377_2567" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2568" class="yiv8102254470MsoNormal"><b>BENEFITS</b>:</p>
<p id="yui_3_13_0_1_1396409126377_2420" class="yiv8102254470MsoNormal">- NO OUT OF POCKET COSTS!</p>
<p id="yui_3_13_0_1_1396409126377_2421" class="yiv8102254470MsoNormal">- NO MONTHLY PAYMENT!</p>
<p id="yui_3_13_0_1_1396409126377_2569" class="yiv8102254470MsoNormal">- NO BALLOON PAYMENT!</p>
<p id="yui_3_13_0_1_1396409126377_2570" class="yiv8102254470MsoNormal">- NO MERCHANT PROCESSING!</p>
<p id="yui_3_13_0_1_1396409126377_2571" class="yiv8102254470MsoNormal">- WE LEND 200% OF MONTHLY INCOME! UP TO $5MM! WE GIVE MORE BECAUSE WE ASK FOR TEMPORARY LIENS ON HARD ASSETS (REAL ESTATE, EQUIPMENT, VEHICLES)</p>
<p id="yui_3_13_0_1_1396409126377_2572" class="yiv8102254470MsoNormal">- PAY BACK VIA DAILY ACH INSTEAD OF ONE LARGE MONTHLY PAYMENT – NO TAKING MONEY FROM YOUR CREDIT CARD INCOME LIKE MERCHANT CASH ADVANCES! CRITICAL FOR YOUR CASH FLOW!</p>
<p id="yui_3_13_0_1_1396409126377_2573" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2574" class="yiv8102254470MsoNormal"><b><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/57498811?profile=original"><img class="align-left" src="http://storage.ning.com/topology/rest/1.0/file/get/57498811?profile=original" height="113" width="190"/></a>OUR LENDER'S CEO</b>: DOUG NAIDUS, SOLD HIS LAST COMPANY TO DEUTSCHE BANK FOR $500MM!</p>
<p id="yui_3_13_0_1_1396409126377_2575" class="yiv8102254470MsoNormal">WE JUST RECEIVED $25MM FROM HEDGE-FUNDS!</p>
<p id="yui_3_13_0_1_1396409126377_2422" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2576" class="yiv8102254470MsoNormal"><b>BOTTOM-LINE</b>:</p>
<p id="yui_3_13_0_1_1396409126377_2552" class="yiv8102254470MsoNormal"><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/57498880?profile=original"><img class="align-right" src="http://storage.ning.com/topology/rest/1.0/file/get/57498880?profile=original" height="233" width="330"/></a>WE HAVE MORE MONEY THAN ANY OTHER PRIVATE ASSET BASED LENDER, HARD MONEY LENDER OR CASH ADVANCE LENDER!</p>
<p id="yui_3_13_0_1_1396409126377_2423" class="yiv8102254470MsoNormal">WE ARE MORE AGGRESSIVE THAN ANY OTHER PRIVATE ASSET BASED LENDER, HARD MONEY LENDER OR CASH ADVANCE LENDER!</p>
<p id="yui_3_13_0_1_1396409126377_2588" class="yiv8102254470MsoNormal">WE LOWER THE COST EVERY TIME WE FINANCE YOU!</p>
<p id="yui_3_13_0_1_1396409126377_2587" class="yiv8102254470MsoNormal">WE INCREASE THE AMOUNT WE LEND EVERY TIME WE FINANCE YOU!</p>
<p id="yui_3_13_0_1_1396409126377_2586" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2585" class="yiv8102254470MsoNormal"><b>LOAN TERMS</b>: 3 – 12 MONTHS</p>
<p id="yui_3_13_0_1_1396409126377_2589" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2590" class="yiv8102254470MsoNormal"><b>COST</b>*: (NO OUT OF POCKET COSTS, NO MONTHLY PAYMENTS, NO BALLOON PAYMENTS)</p>
<p id="yui_3_13_0_1_1396409126377_2591" class="yiv8102254470MsoNormal">3 MONTHS = 12 COTD (CENTS ON THE DOLLAR)</p>
<p id="yui_3_13_0_1_1396409126377_2584" class="yiv8102254470MsoNormal">4 MONTHS = 16 COTD</p>
<p id="yui_3_13_0_1_1396409126377_2583" class="yiv8102254470MsoNormal">5 MONTHS = 28 COTD</p>
<p id="yui_3_13_0_1_1396409126377_2424" class="yiv8102254470MsoNormal">6 MONTHS = 34 COTD</p>
<p id="yui_3_13_0_1_1396409126377_2582" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2551" class="yiv8102254470MsoNormal"><b id="yui_3_13_0_1_1396409126377_2581">*These are base guideline costs that DO NOT take into account credit, years in business, use of proceeds or quantity and quality of collateral pledged. The higher your FICO, the number of years in business, use of proceeds for growth and the amount of collateral pledged will allow us to lower the cost and increase the loan amount.</b></p>
<p id="yui_3_13_0_1_1396409126377_2580" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2579" class="yiv8102254470MsoNormal"><b>AGGRESSIVE</b>:</p>
<p id="yui_3_13_0_1_1396409126377_2577" class="yiv8102254470MsoNormal"><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/57498930?profile=original"><img class="align-left" src="http://storage.ning.com/topology/rest/1.0/file/get/57498930?profile=original" width="300"/></a>- “<b>GIFT OF REVENUE</b>” – A SEPARATE BUSINESS OR ANOTHER BUSINESS OWNER CAN GIFT A GIFT OF REVENUE BY CO-SIGNING. WE WILL LEND 200% OF THE COMBINED MONTHLY GROSS REVENUE FOR BOTH COMPANIES! WE CAN EVEN USE W2 INCOME!</p>
<p id="yui_3_13_0_1_1396409126377_2578" class="yiv8102254470MsoNormal">- “<b>GIFT OF ASSETS</b>” – ANY BUSINESS OR PERSON CAN PLEDGE HARD ASSETS ON BEHALF OF THE BORROWER SO WE CAN LEND MORE MONEY!</p>
<p class="yiv8102254470MsoNormal">When pledging real estate: appraisals(s), mortgage statement(s), deed(s), title(s)</p>
<p id="yui_3_13_0_1_1396409126377_2592" class="yiv8102254470MsoNormal">When pledging equipment: picture(s), serial number(s)</p>
<p class="yiv8102254470MsoNormal">When pledging vehicles: picture(s) of the vehicle(s), odometer(s), license plate(s) and VIN number(s)</p>
<p id="yui_3_13_0_1_1396409126377_2425" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2610" class="yiv8102254470MsoNormal"><b>AVAILABLE STATES</b>: AL, AZ, DC, DE, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MN, MS, MO, NE, NH, NC, NM, OR, PA, UT, SC, VA, WA, WV, WI, WY. MINIMUM $100K: NJ, GA, CO. MINIMUM $50K: DC, NE, OR. ***IN A FEW MONTHS WE WILL LEND IN ALL 50 STATES!</p>
<p id="yui_3_13_0_1_1396409126377_2609" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2608" class="yiv8102254470MsoNormal"><b id="yui_3_13_0_1_1396409126377_2607"><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/57499261?profile=original"><img class="align-center" src="http://storage.ning.com/topology/rest/1.0/file/get/57499261?profile=original" width="598"/></a>QUALIFY YOURSELF! ANSWER THESE 3 QUESTIONS TO SEE HOW MUCH WE WILL LEND YOU IN 5 DAYS:</b></p>
<p id="yui_3_13_0_1_1396409126377_2427" class="yiv8102254470MsoNormal"><b id="yui_3_13_0_1_1396409126377_2426">WE ARE REVENUE –AND- ASSET BASED! = MORE MONEY FOR YOU!</b></p>
<p id="yui_3_13_0_1_1396409126377_2550" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2606" class="yiv8102254470MsoNormal"><b>1 - *** In which States do you operate?</b></p>
<p id="yui_3_13_0_1_1396409126377_2549" class="yiv8102254470MsoNormal">AVAILABLE STATES: AL, AZ, DC, DE, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MN, MS, MO, NE, NH, NC, NM, OR, PA, UT, SC, VA, WA, WV, WI, WY. MINIMUM $100K: NJ, GA, CO. MINIMUM $50K: DC, NE, OR. ***IN A FEW MONTHS WE WILL LEND IN ALL 50 STATES!</p>
<p id="yui_3_13_0_1_1396409126377_2428" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2605" class="yiv8102254470MsoNormal"><b id="yui_3_13_0_1_1396409126377_2604">2 - *** What is the company’s gross monthly or annual revenue?</b></p>
<p id="yui_3_13_0_1_1396409126377_2603" class="yiv8102254470MsoNormal">Formula: AVERAGE GROSS MONTHLY REVENUE X 2 = LOAN AMOUNT OR</p>
<p id="yui_3_13_0_1_1396409126377_2602" class="yiv8102254470MsoNormal">Formula: ANNUAL GROSS INCOME X 16.6% = LOAN AMOUNT</p>
<p class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2601" class="yiv8102254470MsoNormal"><b id="yui_3_13_0_1_1396409126377_2600">3 - *** What is the total value AND balances of the company’s hard assets?</b></p>
<p id="yui_3_13_0_1_1396409126377_2593" class="yiv8102254470MsoNormal">(REAL ESTATE, EQUIPMENT, VEHICLES)</p>
<p id="yui_3_13_0_1_1396409126377_2594" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2429" class="yiv8102254470MsoNormal">AGAIN: We will pay you 1.5% for all referrals!</p>
<p id="yui_3_13_0_1_1396409126377_2430" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2595" class="yiv8102254470MsoNormal"><b>THANK YOU!</b></p>
<p id="yui_3_13_0_1_1396409126377_2596" class="yiv8102254470MsoNormal"><b> </b></p>
<p id="yui_3_13_0_1_1396409126377_2597" class="yiv8102254470MsoNormal"><b>***More case studies*******************************************</b></p>
<p id="yui_3_13_0_1_1396409126377_2676" class="yiv8102254470MsoNormal"><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/57499198?profile=original"><img width="750" class="align-center" src="http://storage.ning.com/topology/rest/1.0/file/get/57499198?profile=RESIZE_1024x1024" width="750"/></a>*** $3.5MM HOTEL PACKAGE ACQUISITION</p>
<p id="yui_3_13_0_1_1396409126377_2675" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2677" class="yiv8102254470MsoNormal">BORROWER: HOTEL DEVELOPER</p>
<p id="yui_3_13_0_1_1396409126377_2678" class="yiv8102254470MsoNormal">GROSS REVENUE: $900K/MONTH</p>
<p id="yui_3_13_0_1_1396409126377_2679" class="yiv8102254470MsoNormal">COLLATERAL: 2 HOTELS</p>
<p id="yui_3_13_0_1_1396409126377_2447" class="yiv8102254470MsoNormal">USE OF FUNDS: ACQUISITION OF 2 INCOME PRODUCING HOTELS</p>
<p id="yui_3_13_0_1_1396409126377_2544" class="yiv8102254470MsoNormal">FICO: 750</p>
<p id="yui_3_13_0_1_1396409126377_2543" class="yiv8102254470MsoNormal">NEGATIVES: CASH FLOW</p>
<p id="yui_3_13_0_1_1396409126377_2456" class="yiv8102254470MsoNormal">POSITIVES: OK CASH FLOW, CLEAR USE OF PROCEEDS, COLLATERAL</p>
<p id="yui_3_13_0_1_1396409126377_2680" class="yiv8102254470MsoNormal">REVENUE QUOTE: $1.8MMK (BASED ON $900K GROSS MONTHLY REVENUE)</p>
<p id="yui_3_13_0_1_1396409126377_2681" class="yiv8102254470MsoNormal">COLLATERAL QUOTE: $8MM (BASED ON 50% EQUITY)</p>
<p id="yui_3_13_0_1_1396409126377_2448" class="yiv8102254470MsoNormal">FINAL QUOTE: $3.5MM</p>
<p id="yui_3_13_0_1_1396409126377_2449" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2450" class="yiv8102254470MsoNormal">NOTES: The developer wants to purchase 2 hotels with a total FMV of $8MM. Based on his current gross monthly income of $900K we can lend $1.8MM. We are making an exception by purchasing the hotels and holding a note. His daily payment is $16.5K, 21 days per month (monthly payment equals $350K). $350K represent a Payment To Deposit Ratio (PDR) of 38.8%. Our typical PDR can not exceed 30%. The borrower will receive the $3.5MM in seven tranches of $500K each per week over seven weeks. We are making several exceptions because the target properties are income producing and although his current income exceeds our PDR but he will have immediate additional income which we do not calculate but we anticipate. If he defaults we own 2 properties worth $8MM on a loan amount of $3.5MM. </p>
<p id="yui_3_13_0_1_1396409126377_2451" class="yiv8102254470MsoNormal">-END-</p>
<p id="yui_3_13_0_1_1396409126377_2669" class="yiv8102254470MsoNormal"><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/57499359?profile=original"><img class="align-center" src="http://storage.ning.com/topology/rest/1.0/file/get/57499359?profile=original" width="500"/></a>*** $100K REAL ESTATE INVESTOR AND RESTAURATEUR</p>
<p id="yui_3_13_0_1_1396409126377_2668" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2667" class="yiv8102254470MsoNormal">BORROWER: RESTAURANT OWNER (2 RESTAURANTS), REAL ESTATE INVESTOR (3 HOUSES)</p>
<p id="yui_3_13_0_1_1396409126377_2439" class="yiv8102254470MsoNormal">GROSS REVENUE: $160K/MONTH</p>
<p id="yui_3_13_0_1_1396409126377_2666" class="yiv8102254470MsoNormal">COLLATERAL: 3 HOUSES, 2 CARS, RESTAURANT EQUIPMENT</p>
<p id="yui_3_13_0_1_1396409126377_2665" class="yiv8102254470MsoNormal">USE OF FUNDS: EXPANSION</p>
<p id="yui_3_13_0_1_1396409126377_2662" class="yiv8102254470MsoNormal">FICO: 550</p>
<p id="yui_3_13_0_1_1396409126377_2440" class="yiv8102254470MsoNormal">NEGATIVES: FICO, FEDERAL TAX LIENS, IN FORECLOSURE ON ONE PROPERTY</p>
<p id="yui_3_13_0_1_1396409126377_2664" class="yiv8102254470MsoNormal">POSITIVES: GREAT CASH FLOW, CLEAR USE OF PROCEEDS, PLENTY OF COLLATERAL</p>
<p id="yui_3_13_0_1_1396409126377_2670" class="yiv8102254470MsoNormal">REVENUE QUOTE: $320K (BASED ON $160K GROSS MONTHLY REVENUE)</p>
<p id="yui_3_13_0_1_1396409126377_2671" class="yiv8102254470MsoNormal">COLLATERAL QUOTE: $75K (BASED ON 57.5% EQUITY)</p>
<p id="yui_3_13_0_1_1396409126377_2672" class="yiv8102254470MsoNormal">FINAL QUOTE: $100K</p>
<p id="yui_3_13_0_1_1396409126377_2441" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2442" class="yiv8102254470MsoNormal">NOTES: This borrower has great revenue but is delinquent on several accounts that have adversely affected their credit. We will lend up to 200% of monthly gross. Based on 200% of monthly gross we could lend $320K. Unfortunately their negatives including 2 vacant investment properties and federal tax liens do not allow us to lend 200% of monthly gross. Their equipment, aside from ovens and broilers, are not very valuable. Their real estate is in a rural area and has little value. Their vehicles are not old but are not new or have significant value. They are in foreclosure and owe $60K in back mortgage payments. They received a quote from our competition for $50K. We are financing them with a $100K facility, paying off the tax lien. Best term: 6 months, another $50K tranche every 3 months for a total of $300K over 366 days.</p>
<p id="yui_3_13_0_1_1396409126377_2690" class="yiv8102254470MsoNormal">-END-</p>
<p id="yui_3_13_0_1_1396409126377_2443" class="yiv8102254470MsoNormal"><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/57499442?profile=original"><img width="750" class="align-center" src="http://storage.ning.com/topology/rest/1.0/file/get/57499442?profile=RESIZE_1024x1024" height="305" width="687"/></a>*** $20K MECHANIC</p>
<p id="yui_3_13_0_1_1396409126377_2689" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2696" class="yiv8102254470MsoNormal">BORROWER: AUTO MECHANIC</p>
<p id="yui_3_13_0_1_1396409126377_2444" class="yiv8102254470MsoNormal">GROSS REVENUE: $12.5K/MONTH</p>
<p id="yui_3_13_0_1_1396409126377_2697" class="yiv8102254470MsoNormal">COLLATERAL: 5 CARS</p>
<p id="yui_3_13_0_1_1396409126377_2698" class="yiv8102254470MsoNormal">USE OF FUNDS: EXPANSION</p>
<p id="yui_3_13_0_1_1396409126377_2688" class="yiv8102254470MsoNormal">FICO: 618</p>
<p id="yui_3_13_0_1_1396409126377_2699" class="yiv8102254470MsoNormal">NEGATIVES: FICO, CURRENT CASH ADVANCE BALANCE OF $7K</p>
<p id="yui_3_13_0_1_1396409126377_2701" class="yiv8102254470MsoNormal">POSITIVES: OK CASH FLOW, CLEAR USE OF PROCEEDS, COLLATERAL</p>
<p id="yui_3_13_0_1_1396409126377_2687" class="yiv8102254470MsoNormal">REVENUE QUOTE: $25K (BASED ON $12.5K GROSS MONTHLY REVENUE)</p>
<p id="yui_3_13_0_1_1396409126377_2684" class="yiv8102254470MsoNormal">COLLATERAL QUOTE: $25K (BASED ON 50% EQUITY)</p>
<p id="yui_3_13_0_1_1396409126377_2673" class="yiv8102254470MsoNormal">FINAL QUOTE: $20K</p>
<p id="yui_3_13_0_1_1396409126377_2674" class="yiv8102254470MsoNormal">APPROVAL: $20K, NOT PAYING OF THE CURRENT CASH ADVANCE, 9 MONTH TERM</p>
<p id="yui_3_13_0_1_1396409126377_2445" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2545" class="yiv8102254470MsoNormal">NOTES: This borrower has OK revenue but has a current cash advance. We will lend up to 200% of monthly gross. Based on 200% of monthly gross we could lend $25K. Unfortunately having a cash advance is a red flag so we can not do $25K. The 5 cars are not very valuable BUT 5 cars makes the underwriter very comfortable. </p>
<p id="yui_3_13_0_1_1396409126377_2446" class="yiv8102254470MsoNormal">-END-</p>
<p id="yui_3_13_0_1_1396409126377_2388" class="yiv8102254470MsoNormal"><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/57499752?profile=original"><img class="align-center" src="http://storage.ning.com/topology/rest/1.0/file/get/57499752?profile=original" width="732"/></a>*** $50K TRACTOR AND TRUCKING SERVICES</p>
<p id="yui_3_13_0_1_1396409126377_2391" class="yiv8102254470MsoNormal">BORROWER: TRACTOR AND TRUCKING</p>
<p id="yui_3_13_0_1_1396409126377_2392" class="yiv8102254470MsoNormal">GROSS REVENUE: $100K</p>
<p id="yui_3_13_0_1_1396409126377_2393" class="yiv8102254470MsoNormal">COLLATERAL: 3 VEHICLES, CAMPER, 4 TRAILERS</p>
<p id="yui_3_13_0_1_1396409126377_2394" class="yiv8102254470MsoNormal">USE OF FUNDS: PAYROLL, MARKETING, INVENTORY</p>
<p id="yui_3_13_0_1_1396409126377_2395" class="yiv8102254470MsoNormal">FICO: 551</p>
<p id="yui_3_13_0_1_1396409126377_2396" class="yiv8102254470MsoNormal">NEGATIVES: CREDIT SCORE, MULTIPLE UCCs, UNFAMILIARITY WITH DAILY ACH</p>
<p id="yui_3_13_0_1_1396409126377_2397" class="yiv8102254470MsoNormal">POSITIVES: REVENUE, COLLATERAL, CASH FLOW </p>
<p id="yui_3_13_0_1_1396409126377_2398" class="yiv8102254470MsoNormal">REVENUE QUOTE: $200K</p>
<p id="yui_3_13_0_1_1396409126377_2399" class="yiv8102254470MsoNormal">COLLATERAL QUOTE: $100K</p>
<p id="yui_3_13_0_1_1396409126377_2403" class="yiv8102254470MsoNormal">FINAL QUOTE: $50K</p>
<p id="yui_3_13_0_1_1396409126377_2404" class="yiv8102254470MsoNormal">NOTES: The borrower has a low FICO score which is not our main concern but his explanation for his low score is unsatisfactory. We understand that numbers do not always tell the whole story. Borrowers incur personal and business challenges that detrimentally affect their personal credit. But when someone does not pay their bills and will not provide a satisfactory explanation we have to be cautious. This borrower also has several liens and judgments. </p>
<p class="yiv8102254470MsoNormal">END</p>
<p id="yui_3_13_0_1_1396409126377_2801" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2800" class="yiv8102254470MsoNormal"> </p>
<p id="yui_3_13_0_1_1396409126377_2799" class="yiv8102254470MsoNormal"> <a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/57499932?profile=original"><img width="750" class="align-center" src="http://storage.ning.com/topology/rest/1.0/file/get/57499932?profile=RESIZE_1024x1024" width="750"/></a>*** $500K REAL ESTATE INVESTOR</p>
<p id="yui_3_13_0_1_1396409126377_2796" class="yiv8102254470MsoNormal">BORROWER: REAL ESTATE INVESTOR</p>
<p id="yui_3_13_0_1_1396409126377_2797" class="yiv8102254470MsoNormal">GROSS REVENUE: $583K</p>
<p id="yui_3_13_0_1_1396409126377_2798" class="yiv8102254470MsoNormal">COLLATERAL: IN CONTRACT ON COMMERCIAL REAL ESTATE </p>
<p class="yiv8102254470MsoNormal">USE OF FUNDS: ACQUISITION</p>
<p id="yui_3_13_0_1_1396409126377_2813" class="yiv8102254470MsoNormal">FICO: 650</p>
<p class="yiv8102254470MsoNormal">NEGATIVES: LESS THAN PERFECT CREDIT, UNFAMILIARITY WITH DAILY ACH</p>
<p class="yiv8102254470MsoNormal">POSITIVES: REVENUE, COLLATERAL, CASH FLOW </p>
<p class="yiv8102254470MsoNormal">REVENUE QUOTE: $1,166,000</p>
<p class="yiv8102254470MsoNormal">COLLATERAL QUOTE: $1MM</p>
<p class="yiv8102254470MsoNormal">FINAL QUOTE: $500K</p>
<p id="yui_3_13_0_1_1396409126377_2824" class="yiv8102254470MsoNormal">NOTES: Borrower is a seasoned real investor with over $7MM in annual gross revenue, a ton of real estate to pledge. His hard money lender charges 12% over 6 months and 3 points. We are offering 11% over 6 months with 2 points. No out of pocket. We usually do not charge points but because he usually pays 3 he has no objection to paying 2. We are making an exception from the typical 34 factor rate over 6 months because he is willing to pledge over $1MM in real estate, has a schedule to acquire and flip and hold over 100 properties this year and send dozens of referrals because he is a lender.</p>
<p id="yui_3_13_0_1_1396409126377_2822" class="yiv8102254470MsoNormal">-END-</p>
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