Looking for funding up to $250K to purchase pos cash flow condos in Myrtle Beach, SC I have condo worth $110K to use as additional collateral free and clear. Looking to borrow enough to purchase condos and cover closing costs while staying at the 70% LTV. No cash out is needed. Plan to hold for up to 5 years then sell. Had a deal approved ready to close, then lender raised interest rate to 12.9 changed points from 3 to 6, changed LTV from 70 to 65%, and wanted $2500 to do appraisals when originally didn't need them since I was purchasing under market value. Any suggestions would be appreciated. Thanks, Peter Damen, damenps@hotmail.com. 410-726-5658

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P

MICRO LOAN PROGRAM - $100K-$900K

To start we need a mutual NDA completed, executed and returned by all parties to the project.  Additionally, once we know the sector of the funding request i.e. Energy, Technology, Mining, Real Estate or Business we will provide a questionnaire that must be answered in detail and return which helps to access risk factors and determine our interest.   We are fully transparent and provide all the information for principal to make an intelligent decision on doing business with us.  If the project has merit with strong principals, a very good plan, the principal has enough liquidity to support their project and are honest and cooperative we have an interest and can normally get them through our in-house underwriting to funding.

 

Required Documentation: (for submission)

The following documents will be necessary to successfully underwrite and fund your project:

  • Business Plan or Executive Summary with actual or proforma income statements 3 -5 years
  • Balance Sheet/Financial Statement/Cash Flow/P & L with YTD less than 90 days old (if applicable)
  • Copy of Appraisal or other valuation (if available)
  • Expanded Resumes of all principals
  • Line Item Detailed Use of Funds for short-term and long-term projections
  • Proof of funds spent to date in the project and 2 month bank statements showing reserves

 We will need you to show proof of funds invested to date in the project (if applicable), liquidity (cash in hand) to pay for third party expenses which includes an application and due diligence and engagement charge.  This is not upfront but after they receive an expression of interest in writing from the lender and after a call and information provided on the lender for their due diligence. 

 

Client will need minimum of 640-720 credit score.  Our LTV is 80% - 90%; Terms are 5, 7, 10, 15 or 20 years; Interest is bank rate or better (we are not a hard money lender).  Normal timeline to close is 30-45 days but is client dependent.

 

(The following remark is not intended to offend but stated because of so many request from those who believe that all cost can be paid from closing proceeds):

 “If there are no funds available to cover project cost and principals expects the lender to pay the necessary cost to determine if the project is lendable, close and fund the project and get their expenses from the loan proceeds then no one I know of can help you.”   I have 27 years experience in this industry and have never seen that happen with lenders in the US, Western Europe or anywhere else.

 

Ron Coleman

NEPCO, INC - GLOBAL CONSORTIUM - FUNDING FOR PROJECTS AND ASSETS IN THE ENERGY, TECHNOLOGY, MINING, BUSINESS AND REAL ESTATE SECTORS

770-572-7765        nepcoinc@att.net  nepcoinc1 -Skype

eter,

We're ready to fund YOUR deal ASAP!

And if you're not already aware... July and August
are Great months to invest in real estate. Kids are out
of school, Banks are off-loading these assets to make their
books look prettier and investing in real estate now means
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Our Special Private Money Financing Program Includes:

- 100% funding success rate for deals that meet our
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- Financing on seller-carry hybrid deals

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- Pulling Title

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Get Funding Now to make more money, more often the
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Happy Investing,
Butch

P.S. Go Here to receive the Real Estate Encyclopedia: http://PMEFunding.com
this will allow me to keep you on my Funding/Lending mailing list!

Am a private lender willing to work with you, Contact me to visit the company website for more info on direct funding, asset protection, credit repair, business solutions and much more. Email#  Clar.mrssisi@mail.com

We can help you with the loan. We offer personal, company and business loans to individuals and companies in severe need. Apply now and get your financial problems solved. The interest rate is 3% yearly. Contact us via e-mail: vatlfunding07@gmail.com

What would your terms be?

Thank you for responding. It all depends on the deal, your first loan will be require more of your participation, after you've got a proven tract record with us our rates improve.
- LTV = 65-80%
- Points = 2-5
- Length = 6-60mos
- Rates = 12-15%
All you have to do to start is visit us here:
http://privatemoneyexchange.org/aff/bwells
Happy Investing,
Butch

P.S. Go Here to receive the Real Estate Encyclopedia: www.PMEFunding.com
this will allow me to keep you on my Funding/Lending mailing list!
P.S.S. Please call if you have any questions 480.567.6561

We can help you with the loan. We offer personal, company and business loans to individuals and companies in severe need. Apply now and get your financial problems solved. The interest rate is 3% yearly. Contact us via e-mail: vatlfunding07@gmail.com

Attention: Sir/Madam
 
We have direct providers of Fresh Cut BG, SBLC and MTN which are specifically for lease. Our bank instrument can be engaged in PPP Trading, Discounting, Signature Project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, Construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer neither do we get involved in chauffeur driven offers. We deliver with time and precision as set forth in our agreement. Our terms and Conditions are reasonable, below is our instrument description.

DESCRIPTION OF INSTRUMENTS:
1. Instrument: Bank Guarantee (BG/SBLC)
2. Total Face Value: Min of 1M Euro/USD (Ten Million Euro/USD) to Max of 5B Euro/USD (Five Billion Euro/USD).
3. Issuing Bank: HSBC, London or Deutsche Bank Frankfurt or any Top 25 WEB
4. Age: One Year, One Day
5. Leasing Price: 5.0% of Face Value plus (0.5+X)% commission fees to brokers.
6. Delivery: SWIFT TO SWIFT.
7. Payment: MT-103.
8. Hard Copy: Bonded Courier within 7 banking days.

All relevant business information will be provided upon request.
If Interested kindly contact me via Email:xelasilliaws@hotmail.com

Regard
 
Alex Williams(Supervisor)

        Need Money For Your Business? We Can Help…

                Whether you are a startup or you’ve been in business for years, we can help!

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Visit: www.financeneeds.com/7397

Or call Felix at (717) 264-8553

Email: charternotes2013@gmail.com

You can also reach

Courtney Lawrence:

Phone:  (949) 777-5509 | Fax:   (949) 309-2731

Email: courtney@businessfinancestore.com

 

Need a Loan? - We Are Here to Help! Contact Us

Have you been looking for financing options for your new home purchase, construction, real estate loan, refinance, debt consolidation, personal or business purpose? Welcome to the future! Financing made easy with us. Contact us as we offer our financial service at a low and affordable interest rate of 3% for long and short loan term.Interested applicant should contact us for further loan acquisition procedures at  stevesmart.mbod@gmail.com

My  name is Felix and I am a Finance Specialist. We can help you.
Call my partner Courtney Lawrence and she will talk to you about  the kinds of funds we provide. Also go to our website. For any questions please  to hesitate to reach us.
Felix And Courtney Lawrence:
Phone:  (949) 777-5509 | Fax:   (949)  309-2731

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