Joel Riddle
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  • Monument, CO
  • United States
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Joel Riddle's Discussions

How Artificial Intelligence (AI) can Dramatically INCREASE Your BOTTOM LINE!

Started Aug 22, 2018 0 Replies

Think about your business. At what point in acquiring a new customer or client would you like to begin engaging with that potential customer or client?When they just start looking?When they are…Continue

Tags: hard money, mortgage lender, real estate broker, broker, lender

Pure Asset-based Lending/Working Capital

Started this discussion. Last reply by Joel Riddle Mar 1, 2016. 2 Replies

“If you have collateral with equity, I can get you approved!”I work with ALL types of credit!Asset Types Considered:• Real Estate (commercial, industrial, residential, land)• Construction & Heavy…Continue

Tags: Capital, Working, Money, Hard

Pure Asset-based Lending

Started Feb 29, 2016 0 Replies

“If you have collateral with equity, I can get you approved!”I work with ALL types of credit!Asset Types Considered:• Real Estate (commercial, industrial, residential, land)• Construction & Heavy…Continue

Tags: Equity, Lending, Loans, Equipment, Capital

Assisted Living Facilities

Started this discussion. Last reply by Joel Riddle Mar 20, 2014. 5 Replies

We have new money for 2014 Assisted Living Facilities - Acquisition, Construction, Refinance.  Can provide debt, equity, or both.  Looking for 10 projects this year.Continue

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Latest Activity

Victor Gresham replied to Joel Riddle's discussion If there is a way to get your deal funded, I'll find it!
"Good Evening, I hope all is well. I am looking for an $8,750,000 equity based loan secured by 213 acres +/- acres valued $17,500,000. Property / land has real estate attached. I need to close in 7 -10 business days. Property Attributes The property…"
Aug 25, 2018
Joel Riddle posted a blog post

How Artificial Intelligence (AI) can Dramatically INCREASE Your BOTTOM LINE!

Think about your business. At what point in acquiring a new customer or client would you like to begin engaging with that potential customer or client?When they just start looking?When they are seriously looking?When they are ready to engage or buy?All of the above.My guess is Number 4, "All of the above". That's what AI gives you. Instead of marketing to the masses, AI presents the opportunity to only market to "All of the above".So, how does it work? The answer is algorithms. More simply, 250…See More
Aug 22, 2018
Joel Riddle posted a discussion

How Artificial Intelligence (AI) can Dramatically INCREASE Your BOTTOM LINE!

Think about your business. At what point in acquiring a new customer or client would you like to begin engaging with that potential customer or client?When they just start looking?When they are seriously looking?When they are ready to engage or buy?All of the above.My guess is Number 4, "All of the above". That's what AI gives you. Instead of marketing to the masses, AI presents the opportunity to only market to "All of the above".So, how does it work? The answer is algorithms. More simply, 250…See More
Aug 22, 2018
Victor Gresham left a comment for Joel Riddle
"Hello, Need a hard money loan to purchase a property for humanitarian use. Property address is 7919 Albin Ln Houston Texas 77071. 6 bedrooms 9 bathrooms 8,000+ sf, in ground pool and jacuzzi, 2 story property. Purchase price is $350,000. Rehab cost…"
Aug 17, 2018
Dana Korosi left a comment for Joel Riddle
"Joel, Are you still active in the lending field? As a broker, I see many types of deals that require alternative finance. Please let me know your status. Thanks! Dana Korosi Riverstone Capital Consultants P - 216-322-4523"
Jun 27, 2018
David Hare replied to Joel Riddle's discussion If there is a way to get your deal funded, I'll find it!
"Joel Have a client looking for $4M for construction of Infrastructure of a Residential Development project in FL. Owns the Land 170 Lots...Contracted to a National builder. Let me know if you have a program for this. Thanks Dave…"
Jun 6, 2018

Profile Information

Company name and description
GBM - National Account Director

I, along with an attorney friend, do asset-based lending against real estate, construction and heavy equipment, cash value of life insurance, boats and cars, notes and mortgages receivables, gold, artwork and jewelry. We do working capital, bridge loans, start-up financing and equipment acquisitions. We work with ALL types of credit!

Deals fail because not enough care is taken in the preparation stage. A client may be exceptional in their field or with their project but developing a compelling presentation may not be their specialty. That's understandable. Sometimes pride, sometimes stubbornness, sometimes arrogance keeps that client from achieving their goals. I am in the business of getting things done, not wasting time on deals which are not capable of being approved as presented. I do a complete analysis of all transactions to determine the issues (there almost always are a few) that must be dealt with. I determine whether there is a solution. Since I do all the up-front work pro-bono, I must determine where best to invest my time. If I believe I can deliver a quality result, I engage. Never an upfront fee. If I feel your deal cannot be approved at the time, my analysis will provide the feedback needed to enable you to take the necessary steps in order to gain approval (if possible).

If there is a way to get your loan done, I'll find it!

33 + years' professional finance experience.  I and my associate, Pat Cullen (27 years experience), deal directly with senior underwriters in a variety of fields.  Our sources are funds of all types (hedge, pension, trust, life, etc.), private banks, and wealthy individuals.  We can manage transactions ranging from $500,000 to $50 million or more.  We accommodate most commercial real estate transactions including acquisition, refinance, bridge, and hard money.  

Deals fail because not enough care is taken in the pre-underwriting stage.  We are in the business of getting things done, not wasting time on deals which are not capable of being approved as presented.  I do a complete analysis of all transactions to determine the issues (there almost always are a few) we must deal with.  Pat and I determine whether there is a solution.  Since we do all the up-front work pro-bono, we must determine where best to invest our time.  If we believe we can deliver a quality result, we engage.  We do not request exclusivity until we deliver acceptable terms.  If we feel your deal is not approvable at the time, our analysis will provide the feedback needed to enable you to take the necessary steps in order to gain approval (if possible).

Joel Riddle's Blog

How Artificial Intelligence (AI) can Dramatically INCREASE Your BOTTOM LINE!

Posted on August 22, 2018 at 7:35am 0 Comments

Think about your business. At what point in acquiring a new customer or client would you like to begin engaging with that potential customer or client?

  1. When they just start looking?
  2. When they are seriously looking?
  3. When they are ready to engage or buy?
  4. All of the above.

My guess is Number 4, "All of the above". That's what AI gives you. Instead of marketing to the masses, AI presents the opportunity to only market to "All of the…

Continue

One day loan approval

Posted on February 16, 2017 at 7:38pm 0 Comments

1-year in business. Minimum 3 deposits monthly. Minimum $10k cash flow monthly. 1-page ap. 4-months bank statements No credit check. Fund in 5 days or less. 719-209-3502 $10k - $500k

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At 2:42pm on August 17, 2018, Victor Gresham said…

Hello,

Need a hard money loan to purchase a property for humanitarian use.

Property address is 7919 Albin Ln Houston Texas 77071.

6 bedrooms 9 bathrooms 8,000+ sf, in ground pool and jacuzzi, 2 story property.

Purchase price is $350,000.

Rehab cost is $125,000.

Harris County Appraisal District has the property appraised at $706,000.

Zillow has the property appraised at $608,000.

Title work is already completed and closing documents have already been signed.

Original private lender backed out on the day of closing.

Need funding ASAP

Victor Gresham

(832) 849-8266

greshamvictor01@gmail.com

At 9:59am on June 27, 2018, Dana Korosi said…

Joel,

Are you still active in the lending field? As a broker, I see many types of deals that require alternative finance. Please let me know your status.

Thanks!

Dana Korosi

Riverstone Capital Consultants

P - 216-322-4523

 
 
 

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