Kevin Wiscombe
  • American Fork, UT
  • United States
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Kevin Wiscombe's Discussions

Looking to merge our hard money fund with a bank

Started this discussion. Last reply by Management Mar 8, 2015. 1 Reply

We are looking to merge or JV our hard money fund with a bank (for licensing).  We are closing $8-10 Million a month and are not looking for capital at this time.  In addition, we can bring 200-300…Continue

Tags: JV, merge, partner, bank, money

Calling all Family Offices and Funds..

Started this discussion. Last reply by Kevin Wiscombe Jun 26, 2014. 11 Replies

Is a 6-7% return acceptable to a family office? What if those returns were tied to rental property backed mortgage notes? What if there were an additional buy-back guarantee offered by the…Continue

Tags: mortgage, NPN, notes, performing, office

Do you have funding for Performing Mortgage Notes?

Started this discussion. Last reply by ERICMONRISON Feb 4, 2014. 4 Replies

We are looking for funding for residential 1-4 unit rental property NOTES.All notes are 66% LTV or less.  Borrowers are IRA accounts and Individuals.Looking for Individuals, Groups, REIT's, Pension…Continue

Tags: Notes, Investor, Performing, IRA, Pension

Need Funding for Performing Notes

Started this discussion. Last reply by Kevin Wiscombe Mar 13, 2014. 4 Replies

We are seeking a private or institutional partner to purchase our Performing Notes on a flow basis of $1-2 Million per week.We have over $18 Million of performing notes. We generate $1-2 Million per…Continue

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BuyPD - Real Estate Sales and Finance

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At 3:04pm on September 21, 2013, Ronald Overholt said…

Kevin,

We are in the process of signing on with a fund on the Street that will allow us to access $400 + M in new capital for commercial loans. Our loan parameter range is $5 to $35 M.

Legal should be complete by mid-October at the latest.

Regards,

Ron Overholt, Senior Loan Officer

Potomac East Capital

At 8:31am on July 17, 2013, sylvia konowa said…



Hello Dear am sylvia konowa This is important, Please contact me at (sylvia8b6@yahoo.com) will can do good business thank you

At 3:33pm on July 8, 2013, Kevin Wiscombe said…

I work for a group who has a portfolio of about 150 Single Family, Non-Owner-Occupied properties that I need to get refinanced  -- about $7.5 Million in loan volume.  The properties are primarily located in Michigan, Illinois, Alabama and Las Vegas. 

Additionally, we have over 1,500 properties (also SFR, N/O/O with renters) that have been purchased by our students over the past 20 months, and we are selling about 150 new properties each month.

I am looking for a loan product(s) to finance these individually, (or possibly on a blanket loan in the case of the 150 company owned properties).  Many of our students own multiple properties and values range between $30k and $130k.  Our biggest hurdles to date are with trying to find sources for the small balance loans and financing more than 4 properties.

Can you help us, or can you refer me to someone who might be able to?

Thanks for your help.

 
 
 

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