Anyone Lending on Distressed Notes?

[Daniel D. Dawson]

A partner and I have a very interesting opportunity to purchase out of receivership a distressed not 1st position against a 80 unit apartment building. Current as is value $1.6 million and we are purchasing for $650k. Needs $175k in updates and will push value to $2-2.4 million. Property is 50% vacant.

Between my partner and I we have owned more then 1.400 rental units combined, extremely experienced and looking for lenders.

[Maxwell Deibel]

Dan - Please send over a summary of the transaction.  I am a private equity lender based in Stamford, Connecticut and I do finance note acquisitions.  This deal may be too small for me but I will gladly take a look at it.  [e-mail]

Regards,

Max

[Daniel D. Dawson]

Hi Max,

Thanks for the response. I will gladly send over the summary and should have it over by tomorrow. There is a nice upside to this transaction.

[Nancy Larson]

You may consider investing 500K with dkiholding for 2 months and get 1 Million in return. or get a low interest loan from them. Check the lending page "ATTENTION EVERYONE" or contact [e-mail] for immediate help. They are 100% legit. I have had loan and investment from them before without any difficulty.

[Dennis Sit]

A low interest loan of USD$2Million with 1st year interest free, 2.5% on 2nd year and 3% on 3rd year. Payment only on interest amount and at end of 3rd year just returning 2Million back to us. This is possible with just USD$500K down payment in the week of July 24th to July 31st. Downpayment will return to borrower together with the loan in 45 days.

 

Or

Receive $1Million USD by Sept 30th, 2013 with only  USD$500K investment by July31st.

 

If of interest contact : [e-mail]

[John Setser]

Dan,

If you could send over a summary of the project We maybe able to help. We have lenders that are actively lending on nonperforming/distressed notes.

John Setser, Owner

Setser Capital Solutions

[e-mail]

 

[Marcus Simpson]

Hey Dan,

Marc Simpson here with Peak Choice Capital. We would like to consider providing finance for this project. We have our July offerings still available for certain commercial acquisitions projects.

LTV/LTC maximum 70%

Loans from $25,000 to $1,500,000 (minimum property value of $75,000)

Credit rating 600 min (650 credit Minimum Required over $500,000)

No hard credit pulls

Limited documentation required.

2-3 Weeks for a complete close. 

From 5 to 30 Year Fixed-No balloon

Decisions within 48 hours of application

No upfront fees or hidden cost

Interest rate: 7-11%

Let me know if what we have would be any interest to your business.

Best regards,

 

Marc Simpson
[e-mail]
www.PeakChoiceCapital.com
www.linkedin.com/in/marcsimpsonpeakchoicecapital/
Phone: [phone]
Fax: [phone]
Skype: EmpoExpo

[Jeffrey Freis]

Jeffrey B. Freis Associates, Inc. is a private investment bank with an active real estate finance division. Send me the details. We have lenders that fund distressed note purchases.

 

 

Jeffrey B. Freis, President

Jeffrey B. Freis Associates, Inc.

Tel: [phone]

Fax:[phone]

Email: [e-mail]

www.jbfreisassociates.com

[Russell Mallory]

I not only represent a fund, the owner of the fund is a personal friend that has allow me to market and underwrite their program; first this is not a line of credit or an joint venture with a 50/50 split. This nationwide program is a swift solution (3-5 day to fund) for real estate investors with no advance fees to worry about. Thank you, I welcome working with you.

 

    Lending for Real Estate Investors Nationwide (Short Sales, REOs, Auctions)

 

• 100% of the Purchase base on a 60% ARV
• Property Types: 1-4 family, wholesale purchases, short sales, REO, Multifamily, Mixed Used
• Terms: 12 Months Interest Only with No Pre-Pay Penalties
• Fico 650, experience will always trump your fico or your financials
• Rate 10% to 13%, no monthly payments
• No tax returns or Bank Statements requirements
• Points 2-3, points that can be rolled inside the loan
• Loan amounts: $50,000 to $5M
• The loan can be refinance or flipped: No Pre-Pay Penalties
• 24 hours for an email quote
• Contract issue the same or next day
• Funding: within 3-5 days

 

Resume, 1003, Breakdown of the rehab, recent appraisal or BPO or comps

 

 

 

 

 

Have a Powerful Day

George R. Mallory,

VP of Finance, Underwriter

Mobile: [phone]

Fax: [phone]

Email: [e-mail]