If there is a way to get your deal funded, I'll find it!

I have been in lending for more than 30 years, have authored 7 finance related manuals, appeared on dozens of talk shows, written a national column in a mortgage newspaper, and closed millions in loans.

My company, JRid Capital Resources, is fully staffed to handle a broad range of loans.  I have a contract attorney and an international accountant on my staff.  We thoroughly pre-underwrite every loan prior to accepting that borrower as a client.  We are in the business of getting things done, not wasting time on deals which are not capable of being approved as presented.  However, our analysis will provide you and your client the necessary feedback to enable you to take the necessary steps in order to gain approval.

Our only goal is to help YOU get deals done.  I have the know-how, the correspondent relationships (and they give references), and the staff you can rely on to make you $.  When needed, I can call senior underwriters at home for answers...over our years of association, we have become friends.  Isn’t that what you are looking for…a source who is the “right” source?  For years I looked for someone like me…and now…I’m the guy I was looking for.  I’ll gladly be the source YOU are looking for as well.

Views: 8416

Reply to This

Replies to This Discussion

we need to speak urgently at 601-447-5460

Joel, I hope you're the guy I'm looking for. -  Simple real estate acquisition in British Columbia - ($3.5 million)  .  You can reach me at robpauze@gmail.com  , Regards, 

Rob, please call me at 719-648-9590 to discuss.  We do have resources for Canada but will depend on the nature of the transaction.


Joel

Joel,

I have a 4 bedroom 2.5 bath 2400sq ft home that has a tax value of $204,545 with market value of $160,000. I need $75,000 to purchase and rehab with holding costs included. It will take two months to rehab and list for sale.

My exit strategy is to list and sell it, or flip the property. There is a $94000 profit if I rehab and a $40k profit for the buyer if I flip it to someone.

My problem is I need funding to rehab this project, It is unfinished construction that is 90% complete, there is $30K in rehab work and $35K to purchase which is $66K I asked for $9,000 more than I need in case there is a surprise hiding somewhere.

 I have 1 company and 4 investors offering to buy it at $75K  as is with no repairs done but they need me to close first. The company offered to double close but said if they double close the only want to pay $35K and they want me to wait until after they rehab it to get paid. Of course this is not an option.

I offered a 10% return on investment to private money lenders but the people I know just told me today that the funding needed compared to the profit I stand to make was too low for them to fund. If I borrow $150K or more they could lend it to me because then they could make a better profit. I don't think it's good business for me to borrow $150K when I only need $75K.

My problem is I am now five business days from closing and trying to scramble to save this deal.

I also have a 150 unit apartment complex across the street from a college in NC, I am currently working on getting under contract for $260K the market value is $1.25 million. 

If you can help me or know of anybody who is willing to fund this project please call me at 919-706-3404

Richard Wilson Jr

Black & White Investments

 

 

 

 

 

 

Joel

I am not seeing your replay. Can you resend it again?

Thanks Edward Tuggle 281-599-9954

Hi Jole

Thanks for responding to my posting. I am here in Houston Texas and I think you know as far as business goes we are doing very well here. What I would like to do is work with you and your staff on getting my clients funding/financing for there viable projects funded. I am working with other funding sources but I would very much like to add you to my list of funding sources. If at all possible I would like to get the full package your loan paperwork your funding criteria and whatever else that you require to get my client financing/funding.

Edward Tuggle Independent Private Consultant Private Funding Placement For Commercial Business Projects Creative Financing Structuring Commercial Projects Purchasing Non-Performing Commercial Notes Credit Repair Consulting Office 281-599-9954 etuggls859@sbcglobal.net

Are you interested to invest TURKEY. Please visit my web site www.rebyali.com and contact me at rebyali1@gmail.com for more details.

Ali Kemal ISIK
Alanya -TURKEY

Dear Sir,

Does your services cover Cambodia? as I have project here.

Please send me your full procedure/criteria how to apply this services.

Thanks

Hi MonHeng

We do all over the world. If you can call my Office at 281-599-9954 I would like to talk with you more about your funding needs.

Thanks Edward Tuggle Independent Private Consultant.

Hi Joel,

I am interested in your loan program(s) for the acquisition of SFR and MFR and possibly for the few properties I currently own in Southern California.  Please e-mail or call me to discuss.

Alan Rudy

alanrudy74@gmail.com

310-697-2752

Hello,

I am a rehab and buy and hold investor with a 3 year old LLC registered in the state of Colorado.  I am seeking funding for a very small deal in the Phoenix, AZ area.  The project is a set of condos which are being wholesaled at $28K each, have long term leases on them at $500 each/monthly, with a monthly HOA of $130.

As you can see the project is too small for many lenders and I have not received much response.  These units would be held for the short term and sold off after some updating.  We are looking for the highest LTV% possible.

Please contact me if you have funding options that may work with this scenario.

Thank you,

Chris

REL8

Hi Chris

You may want to try this lender's network

 

They have been successful in getting deals like yours funded.

Hope this helps

RSS

© 2021   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service