Joel Riddle's Discussions
How Artificial Intelligence (AI) can Dramatically INCREASE Your BOTTOM LINE!
Started Aug 22, 2018 0 Replies 0 Likes
Think about your business. At what point in acquiring a new customer or client would you like to begin engaging with that potential customer or client?When they just start looking?When they are…Continue
Tags: hard money, mortgage lender, real estate broker, broker, lender
Pure Asset-based Lending/Working Capital
Started this discussion. Last reply by Joel Riddle Mar 1, 2016. 2 Replies 0 Likes
“If you have collateral with equity, I can get you approved!”I work with ALL types of credit!Asset Types Considered:• Real Estate (commercial, industrial, residential, land)• Construction & Heavy…Continue
Pure Asset-based Lending
Started Feb 29, 2016 0 Replies 0 Likes
“If you have collateral with equity, I can get you approved!”I work with ALL types of credit!Asset Types Considered:• Real Estate (commercial, industrial, residential, land)• Construction & Heavy…Continue
Assisted Living Facilities
Started this discussion. Last reply by Joel Riddle Mar 20, 2014. 5 Replies 0 Likes
We have new money for 2014 Assisted Living Facilities - Acquisition, Construction, Refinance. Can provide debt, equity, or both. Looking for 10 projects this year.Continue
Joel Riddle's Page
Profile Information
- Company name and description
- GBM - National Account Director
I, along with an attorney friend, do asset-based lending against real estate, construction and heavy equipment, cash value of life insurance, boats and cars, notes and mortgages receivables, gold, artwork and jewelry. We do working capital, bridge loans, start-up financing and equipment acquisitions. We work with ALL types of credit!
Deals fail because not enough care is taken in the preparation stage. A client may be exceptional in their field or with their project but developing a compelling presentation may not be their specialty. That's understandable. Sometimes pride, sometimes stubbornness, sometimes arrogance keeps that client from achieving their goals. I am in the business of getting things done, not wasting time on deals which are not capable of being approved as presented. I do a complete analysis of all transactions to determine the issues (there almost always are a few) that must be dealt with. I determine whether there is a solution. Since I do all the up-front work pro-bono, I must determine where best to invest my time. If I believe I can deliver a quality result, I engage. Never an upfront fee. If I feel your deal cannot be approved at the time, my analysis will provide the feedback needed to enable you to take the necessary steps in order to gain approval (if possible).
If there is a way to get your loan done, I'll find it!
33 + years' professional finance experience. I and my associate, Pat Cullen (27 years experience), deal directly with senior underwriters in a variety of fields. Our sources are funds of all types (hedge, pension, trust, life, etc.), private banks, and wealthy individuals. We can manage transactions ranging from $500,000 to $50 million or more. We accommodate most commercial real estate transactions including acquisition, refinance, bridge, and hard money.
Deals fail because not enough care is taken in the pre-underwriting stage. We are in the business of getting things done, not wasting time on deals which are not capable of being approved as presented. I do a complete analysis of all transactions to determine the issues (there almost always are a few) we must deal with. Pat and I determine whether there is a solution. Since we do all the up-front work pro-bono, we must determine where best to invest our time. If we believe we can deliver a quality result, we engage. We do not request exclusivity until we deliver acceptable terms. If we feel your deal is not approvable at the time, our analysis will provide the feedback needed to enable you to take the necessary steps in order to gain approval (if possible).
Joel Riddle's Blog
How Artificial Intelligence (AI) can Dramatically INCREASE Your BOTTOM LINE!
Posted on August 22, 2018 at 7:35am 0 Comments 0 Likes
Think about your business. At what point in acquiring a new customer or client would you like to begin engaging with that potential customer or client?
- When they just start looking?
- When they are seriously looking?
- When they are ready to engage or buy?
- All of the above.
My guess is Number 4, "All of the above". That's what AI gives you. Instead of marketing to the masses, AI presents the opportunity to only market to "All of the…
ContinueOne day loan approval
Posted on February 16, 2017 at 7:38pm 0 Comments 1 Like
1-year in business. Minimum 3 deposits monthly. Minimum $10k cash flow monthly. 1-page ap. 4-months bank statements No credit check. Fund in 5 days or less. 719-209-3502 $10k - $500k
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Hello,
Need a hard money loan to purchase a property for humanitarian use.
Property address is 7919 Albin Ln Houston Texas 77071.
6 bedrooms 9 bathrooms 8,000+ sf, in ground pool and jacuzzi, 2 story property.
Purchase price is $350,000.
Rehab cost is $125,000.
Harris County Appraisal District has the property appraised at $706,000.
Zillow has the property appraised at $608,000.
Title work is already completed and closing documents have already been signed.
Original private lender backed out on the day of closing.
Need funding ASAP
Victor Gresham
(832) 849-8266
greshamvictor01@gmail.com
Joel,
Are you still active in the lending field? As a broker, I see many types of deals that require alternative finance. Please let me know your status.
Thanks!
Dana Korosi
Riverstone Capital Consultants
P - 216-322-4523