need an unsecured business line of credit

I am in the process of starting a new company where I will be acquiring real estate for rental income purposes. 2-5 family and mixed use buildings are the primary targets and maybe a single family home as long as it is a fix and flip. The primary focus is not fix and flip but on the rental income. I will need an unsecured business line of credit and like to see how much I can qualify for. Is there anyone out there that can assist in this matter? Let me know soon.

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Permalink Reply by Adam Salerno on May 8, 2013 at 1:40pm

Michael,

This is exactly what we do, unsecured business lines of credit with an without income verification. Give me a call and I can go through the program with you.

Adam Salerno

Funding consultant

Pathway Financial

676M Bonded PKWY

Streamwood, IL 60107

630.855.2525 – Office

847.271.8113– Cell

877.72.FUNDS – Toll Free

630.855.2535 – Fax

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Permalink Reply by Ruth Tick on May 8, 2013 at 2:38pm

Hi,

I have a property that I made an offer on in Palm Coast Florida. The lender I had planned to use was not able to fund the loan at the last minute. I need funding based on the ARV - after rehab value of this property and any other property that I buy. That's what I thought I had, and then things changed. I may have lost this deal because of that, but I don't to run into the same thing again. I am trying to line up potential funding now. My email address is horizon.research@ymail.com - phone is 941-237-0951 during business hours. I'm in Florida.

Thank you,

Ruth Tick

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Permalink Reply by Troy Jeanmard on May 9, 2013 at 4:11pm

Ruth,

Sorry to hear about what "that" lender did to you. I think a good idea would be to let all of us know the name of this lender that screwed you. I'm a multifamily developer and I've had similar experiences with hard money lenders. We invest our money and time in a deal and then for the silliest reason these guys leave us a hanging. No, I would like to know who that lender is so as to make sure I never send a deal their way.

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