Nick Hubbard
  • Saint Louis, MO
  • United States
Share on Facebook

Nick Hubbard's Friends

  • Joe Salam
  • Dwight McCaulsky
  • Mark Lewis
  • Monty Yeager
  • Brian Martinez
  • Pete Muller
  • Ruth McGuinness
  • John Galloway
  • Victor Gresham
  • Rob Beeman
  • Brian Brown
  • David B. Kaplan, Esq.
  • Louis Rosenberg
  • Lisa Verholtz
  • Sylvia  D.

Gifts Received

Gift

Nick Hubbard has not received any gifts yet

Give a Gift

 

Nick Hubbard's Page

Latest Activity

Nick Hubbard joined Admin's group
Thumbnail

SMALL BALANCE COMMERCIAL FUNDING - LOW RATES

NO TAX RETURNS NEEDED - NODOC & LITE-DOC OPTIONS AVAILABLE FOR THIS PROGRAM!COMMERCIAL FUNDING $150K UP TO $2 MILLIONCLOSE IN 4 TO 6 WEEKS - AVAILABLE IN 42 STATESLoan size: $150,000 to $2,000,000Purpose: Purchase, Refinance, Cash OutsLoan terms: 5-Year ARM, 30-Year FixedLTV: up to 80%Min. FICO: 650Please email your Deal Summary to investmentfinancing@mail.com. If I can make your deal happen, I will call after reading your Deal Summary. Let's make some money together!Monty YeagerSee More
Feb 27
Nick Hubbard posted discussions
Feb 2
Nick Hubbard replied to D Clark's discussion Multifamily funding for a client in Brooklyn
"Hey D Clark, Good evening! Why hasn't he went to his bank. We have a institutional bank partner since the borrower is banklable! New Floater Program 10 year term No rate cap required 1 to ½ a point bank fee NO PPP and 7.375% rate New…"
Jan 24
Nick Hubbard replied to D Clark's discussion Multifamily funding for a client in Brooklyn
Jan 24
Nick Hubbard replied to D Clark's discussion Multifamily funding for a client in Brooklyn
Jan 24
Monty Yeager liked Nick Hubbard's discussion CRE Bridge Loans | Construction Financing
Jan 11
Monty Yeager liked Nick Hubbard's discussion 2nd Mortgage Commercial Bridge Loans
Jan 9
Nick Hubbard replied to Nick Hubbard's discussion 2nd Mortgage Commercial Bridge Loans
"👍🏻"
Jan 9
Dr G liked Nick Hubbard's discussion CRE Bridge Loans | Construction Financing
Jan 8
Alex Williams replied to Nick Hubbard's discussion 2nd Mortgage Commercial Bridge Loans
"Nice product Nick!"
Jan 8
Nick Hubbard replied to Nick Hubbard's discussion CRE Bridge Loans | Construction Financing
"Okay, sounds good."
Jan 8
Dwight McCaulsky replied to Nick Hubbard's discussion CRE Bridge Loans | Construction Financing
"business@premierlendings.com. We're already talking via email because you asked me whether the hotel is flagged or unflagged. I will provide you with the answer shortly. You can send me the requirements for funding to the email above. "
Jan 8
Nick Hubbard replied to Nick Hubbard's discussion CRE Bridge Loans | Construction Financing
"Hey Dwight! Happy New Year to you as well. And yes, the hotel deal is something we can definitely get done. Whats your email and I'll send you a list of documentation needed?"
Jan 8
Nick Hubbard and Dwight McCaulsky are now friends
Jan 8
Dwight McCaulsky replied to Nick Hubbard's discussion CRE Bridge Loans | Construction Financing
"Hi Nick, A seasoned hotel owner in Pennsylvania is looking to collateralize his property to get 20-25 million. Do you have lenders who fund these deals? If yes, what documents do you need to analyze/qualify this request?  Let me…"
Jan 8
Dr G liked Nick Hubbard's discussion 2nd Mortgage Commercial Bridge Loans
Jan 5

Profile Information

Company name and description
Elite Factoring is a St. Louis based finance firm that specializes in Invoice Funding, Purchase Order Financing, Merchant Cash Advances, Equipment Sale Leaseback Financing and Commercial Hard Money Loans.

Comment Wall (3 comments)

You need to be a member of Real Estate Finance to add comments!

Join Real Estate Finance

At 12:02pm on March 3, 2022, Rob Beeman said…

Nick, as a mortgage broker, if you seek a direct lender to real estate investors servicing 30 states................try us.

Lending on 1-4 unit properties and 5+ unit multifamily.

RBeeman@DLPCapital.com

215-913-1580

Thanks, Rob

At 6:03pm on June 4, 2019, Ruth McGuinness said…

Hi Nick, 

        I have a deal in New York that I'm looking to get funded. I need rehab funds-$150k-on a 9642 sq ft mixed use property (I already own the property). I got it at an auction price (from a foreclosure situation) so to speak-I paid $12k (ARV is $200-$250k+). It has 9 apts.-ranging from efficiency to 3 bedroom-and a commercial space on first  floor with dining room, dining/dance area with stage, 2 "bar" areas-one with large gathering area, 4 bathrooms, office, kitchen, 2 storage areas, and entry area leading to 2 upper floors of apts.   

         It needs electrical and plumbing overhaul, and a decent amount of aesthetic repair and upgrades. I have already had an inspector go through to give us more of a specific idea as to the scope and necessities required according to law, code and such, and contractors are almost done with the SOW. I don't know if I would be able to do a refinance-type loan on the ARV, or if it would have to be straight rehab?  

          Needs to be a stated, asset-based deal, as the revenue from the property after rehab (DSCR) would be the main consideration as well as the ARV.  I am trying to connect with a lender that will wrap as much into the loan as possible even if it means an extra point or slightly higher interest initially to be able to have as little needed as possible at closing since funds are getting tight at this point due to delays. MIGHT even consider short term equity deal of profit percentage. I also have an OO property with some equity if needed.

           I have good credit-no negs-and a 700 score (was higher until recently-had to purchase a vehicle). Once rehab is done, immediate revenue will be $6300 per month from apts., and within an additional 1-3 months or so that figure will jump to approximately $15k+ per month. 

At 7:29pm on August 18, 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.

Propertry to be refinanced after repairs are completed.

Original private lender backed out on the day of closing.

Need funding ASAP.

Victor Gresham

(832) 849-8266

greshamvictor01@gmail.com

 
 
 

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service