Any Actual Private Lenders on this Site????

[Tim Soto]

Are there any actual private lenders or debt/equity partners on this site?

Has anyone actually funded a project by reaching out to a funding source on this site? Or is this site like LinkedIn and full of scammers and so-called lenders who charge up-front fees or due diligence fees?

Please leave a comment. I'd like to get your thoughts on this post.

If you're a debt/equity partner and interested in funding under-performing and value added residential/commercial properties in CA, NV, and AZ, please contact me and let's get some deals done.

[Jared Rine]

Tim,

I don't know what you're looking for, but we've had correspondence, and you've either never gotten back or reached out.  You mention debt/equity partners, but you really should just mention you are looking for straight equity partners b/c all your deals seem to have no cash down component.  Granted, I am a broker, but regardless, I have sources for debt if that's what you're really looking for, and only work with lenders who are actually lending. 

  As far as private investors or someone who is going to partner with you, I think you need to sniff them out on a grassroots level, maybe local first and then through connections you know through sites like LinkedIn.  But on LinkedIn and other sites, including this one, I'd still be weary.  Private investors are out doing deals, at least the ones who are real, not hanging around on websites looking for some. 

Just my .02

Btw, good post!

Jared Rine

[e-mail]

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209 481 0514

[Tim Soto]

Thanks for your feedback Jared. I was asking in general before I start navigating and posting on this site. Yes, you're right, I'm looking for a funding partner who's willing to take on the debt or equity on an value-added acquisition that I would structure, get under contract, stabilize, and sell for maximum profit.

Thanks again,

Tim

[Ken and Ari Walker]

Hi Tim, 

Unfortunately I don't think we'll ever get away from scammers and unethical "Lenders".  It is sad but borrowers need to be extra smart and check out the proven statistical production, testimonials, etc. of the Lender before they borrower money.

BUT, to answer your question, "YES, I am an actual Private Money Lender".  I'm a licensed CA DRE Broker and have been offering private money loans for over 20+ years.  For the past 3 years I only do private money loans, whereas when I first started my company in 1988, I offered conventional financing as well as Real Estate, etc.  My wife who co-owns our company handles real estate now and I'm super busy doing private money loans throughout Northern California. 

Feel free to verify my legitimate lending through the many testimonials on our website www.sunpacmortgage.com; We are also on LinkedIn, Facebook and Youtube.  

If you ever need private money assistance for any type of real estate transaction throughout Northern California, be it for owner occupied/principal residence purchases or refinances, commercial properties, investment/rental properties and even land, just give me a call at my office [phone] or through this site or even my website. 

Best, Forest

Owner/Broker - The Guy in the White Hat

[Tim Soto]

Thanks for the feedback Forest. I was looking more toward JV partner (debt or equity) with an equity split at the back end. I'll check out your site.

Thanks again,

Tim

[Russell Mallory]

This is George Mallory with Drexel Brothers; www.drexelbrothers.com, nationwide private lenders, we lend on Multifamily (5+ units), mixed-use, office, retail, warehouse, self-storage, auto-service, warehouses, auto repair shops, day care businesses, hotels, motels, SFR, condo, townhomes, 1-4 SFR NOO units, and large SFR portfolio with a non-recourse loan, rates start at 3.5%, term 5-30yrs, based on the prevalent of the project our LTV from 75% to 100% finance. Business plan or a very detail executive summary is needed for underwriting, decisions within 24hrs, No advance fees, funding in 7 days to 45 days.

 

 

 

 

 

 

 

Have a Powerful Day

George R. Mallory,

VP of Finance, Underwriter

Mobile: [phone]

Fax: [phone]

Email: [e-mail]

Website: www.drexelbrothers.com