Looking for a legitimate lender! - Real Estate Finance2024-03-29T13:02:53Zhttps://realestatefinance.ning.com/forum/topics/looking-for-a-legitimate-lender?feed=yes&xn_auth=noHi Randy with little cash ava…tag:realestatefinance.ning.com,2015-03-12:6517464:Comment:2212602015-03-12T06:25:50.335ZMike Haineshttps://realestatefinance.ning.com/profile/MikeHaines
<p>Hi Randy with little cash available you are going to find it difficult to find financing. Most lenders will require down payment, reserves and money for closing costs.</p>
<p>Do you have current properties that have equity in them that you can do a cash out refinance or collateralize? If not your best bet will be to find JV partners or if you have good credit 700+ and a strong credit profile you may be able to secure an unsecured personal loan or line of credit up to $400K. Have you looked…</p>
<p>Hi Randy with little cash available you are going to find it difficult to find financing. Most lenders will require down payment, reserves and money for closing costs.</p>
<p>Do you have current properties that have equity in them that you can do a cash out refinance or collateralize? If not your best bet will be to find JV partners or if you have good credit 700+ and a strong credit profile you may be able to secure an unsecured personal loan or line of credit up to $400K. Have you looked into this?</p>
<p>Feel free to contact me to discuss further. I can be reached at 949-215-7183 or by email at mike@visionglobalcapital.com. Feel free to also visit my website at <a href="http://www.businessloanresources.info" target="_blank">www.businessloanresources.info</a>.</p>
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<p></p> David,
What can you do for m…tag:realestatefinance.ning.com,2015-03-10:6517464:Comment:2208972015-03-10T07:42:13.684ZRandy Hinklehttps://realestatefinance.ning.com/profile/RandyHinkle
<p>David, </p>
<p>What can you do for me? I want to bid on distressed auction properties which requires, POF and a registration fee plus due diligence. The registration fee is a hold on funds left in your account until auction os over, then it goes to contract or the hold is lifted. I would need pre-approval for several tbd property purchases, pof and a operating business line of credit or loan of $100K-$1M. Send ,e details and any paperwork needed.</p>
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<p>Thanks for your quick…</p>
<p>David, </p>
<p>What can you do for me? I want to bid on distressed auction properties which requires, POF and a registration fee plus due diligence. The registration fee is a hold on funds left in your account until auction os over, then it goes to contract or the hold is lifted. I would need pre-approval for several tbd property purchases, pof and a operating business line of credit or loan of $100K-$1M. Send ,e details and any paperwork needed.</p>
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<p>Thanks for your quick response.</p>
<p>Randy Hinkle</p>
<p>256-338-5583</p>
<p>rphinkle@gmail.com</p>