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.
Chris, would you kindly advise of the loan amount you are requesting. Yes, you are right, there are definite limitations for funding in the smaller amounts. You might have greater success if you would be more precise in what you are seeking..i.e. amount of the loan, what % ARV you need in order for you to make this happen, does the loan need to include interest reserves or do you have that covered (and, if so, where will the money come from), what is the maximum interest amount you will accept, how many points you are willing to pay. You see, what you do by just throwing out a little bit of info is keep people (who might be able to really help you) decide if they want to invest their time. It's kinda like throwing out a fish-hook without putting any bait on it. Don't make people pull out of you what they need in order to make a decision; give them something to really consider. I'll gladly review your needs (if you would like) once you get the above put together. I love what I do so feel free to contact me directly at 719-648-9590 - even over the week-end (except during Church or Bronco games).
We're a turnkey real estate investment company, looking for a long term funding partner or two. We sell many single family and multi-family units.
My Email address is JimCampbell@OCGProperties.com. Please contact if interested.
I may be able to help you with your funding requests depending on the deal. Do you have a company that is with Dunn and Broadstreet? And I may be able to help you by using creative financing. I have many funding sources but I have one that will fund from $50K to $350K you or a credit partner has to have a score of 700 should not have to many credit inquires and other credit cards should have good balance example if you have a credit card for $1000 you should have $700 still left on the card.
Edward Tuggle Independent Private Consultant Office 281-599-9954 Cell 281-704-0115
Thank you Edward. We have a continuous flow of deals so perhaps we'll need
to ascertain what's a good fit for you too. We'll give you a call. Thanks again..
We (OCG Properties) provide sound, turnkey real estate investments
with positive cash flow, built-in equity with our own in-house property
management. Our inventory moves quickly; we buy and sell both
single and multi-family properties, averaging about 20 properties per
month. To our clients we offer buy and hold, trust deed investing, joint
ventures and other creative investment opportunities.
Financial terms which fit our model are:
- 1 year to 10 year loans
- 40% - 65% Loan to value
- Interest only or amortized loans
- 6% - 8% interest rates
Jim, perhaps a brief phone conversation would be in order to determine if we might be a match. You are welcome to visit my website: www.restore-america.org or you can contact me at 719-648-9590. If you've happened to read some of my other replys, you know that I love what I do so you are welcome to contact me anytime other than Church time and during Bronco games.
I'm looling to purchase a 4 unit building in CA as an investor for myself. I do not have any capital or credit and would be using the equity in the property to get the building. On the flip side of that I have many investors/clients that I looking to purchase properties, some cash, some not, and maybe you can help them as well. Right now I need to get my self in a positive cash flow positions, then I can feel comfortable and work my deals. Can you help me.
Realtor in CA
Most of the funding sources that I have will require that you have equity into the deal. It is very hard to get 100% financing for a deal. What I can help you do is come up with some creative financing ideas to maybe help you get some deals done. I hope this helps.
Edward Tuggle Independent Private Consultant Office is 281-599-9954
Michele depending on your credit I may be able to help you with funding from $50K and up to $350K . And if you don't have god credit you can use a credit partner help you with your getting your deals funded.
Questions my office 281-599-9954 Edward Tuggle Independent Private Consultant.
I would like to add this service to my other private funding sources to gat then funding for there projects. I have other funding sources aut I am always seeking other sources to service my clients funding needs. So if at all possible I would like to add this service to my other funding sources.
Edward Tuggle Independent Private Consultant Private Commercial Funding Placement Credit Repair Consulting Creative Financing Structuring Office 281-599-9954 Cell 281-704-0115 firstname.lastname@example.org
Michele, that's kind of a tough order. What you seem to be looking for is someone that will lend you their money (with no risk on your part) in order for you to make money. Doesn't seem to be a good fit for a financing deal as there are too many other ones out there that offer a much better situation. And, there are great equity deals all over the country. You will have to have some of your own money to put into the deal. However, with that being said, we just got approval on a deal strictly based on compensating factors from an experienced investor. That approval was totally based on the value of the asset although the borrower did have to come to closing with the closing costs.
If at all possible I would like to work with you at getting my clients funding for there projects. I am always looking for other funding sources to serve my clients funding/financing needs.
Thanks Edward Tuggle Independent Private Consultant Office 281-599-9954