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Added by Joseph Harris III on September 3, 2012 at 1:19pm — No Comments
1. Business loans are used one time whereas lines of credit can be used multiple times.
2. “When” you get a loan is different from “when” you get a line of credit. A loan is normally not something you would get until you need it because it’s normally for one specific purpose. A line of credit is…
ContinueAdded by Ray Antonelli on September 3, 2012 at 6:17am — No Comments
Added by Ray Antonelli on September 3, 2012 at 6:13am — 2 Comments
We are noticing a lot of questionable input and posts. Does anyone believe that a legitimate lender will be using G-mail as their address? Also those promising very large loan amounts or expressing interest in investing in projects. Our advice: HOLD ON TO YOUR WALLETS!
Bill
Marquesa Funding & Consulting Corp.
Added by bill morgenstein on September 3, 2012 at 5:00am — 5 Comments
Looking for private investors/direct lenders interested in participating in the financing of the acquisition/rehabbing of an apartment building in the Palm Bay, Fl area.
Property is bank owned (REO) and can be acquired for 58% of it's ARV value ($698K), including repairs. Total investment comes to $420K and I'm offering 10%, interest only ROI, 12-24 months term.
Rehab work is a complete "gut" job in order to bring units to above average standards for the area. ARV however is…
ContinueAdded by Lilo Santana on September 3, 2012 at 2:26am — No Comments
We're currently associated with a group of investors lending in all 50 states.
We can lend on the following,
- Real Estate
- Automobiles
- Fine Art
- Jewelry
- Land
- Lots
and mostly anything else with values over $100k.
If you have any questions or scenarios, don't hesitate to contact us at info@prodsllc.com.
Added by ProDS on September 2, 2012 at 5:40pm — No Comments
Purchases - Refinances - Cash Outs - Construction
Flagged and Non Flagged
LTV's range form 50 to 75% ( construction up to 65% LTC )
Loan Amounts: 200K to 30MM
Full and Non Recourse
MAI Appraisal & Enviromental Phase 1 Required
John Broussard
Newbridge Investments
713-777-9996 Ext 103
commercial.privateorhardmoney@gmail.com
Added by John Broussard on September 2, 2012 at 4:09pm — No Comments
Loan Amounts: 100,000 to 1,000,000
Term: 1 to 2 Yrs
Rate: 16 to 18%
I/O with no Prepay
No Credit Check / No Financials
48 Hour Closings
Required Docs: MAI Appraisal - Enviromental Screen - Survey
Property Types:
Hotel/Motel - Office - Multi Family - Auto Shops - Retail - Day Care - Restuarant - Industrial - All property types considered
John Broussard
Newbridge Investments
Office: 713-777-9996 Ext 103
Mobile:…
Added by John Broussard on September 2, 2012 at 3:36pm — 3 Comments
MAI, APPRAISAL INSTITUTE. Debacle III http://www.ipetitions.com/petition/commercial-appraiser/
For years we have railed against appraisers using reo, short sales, probate sales, and other non-arms length sales as comparable when valuing "market value" which is defined as:
Market Value is defined as: the most probable price which a property should bring in a competitive and open market under all conditions…
ContinueAdded by Commercial Appraiser on September 2, 2012 at 2:41pm — No Comments
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