Here's my scenario:
My client purchased a building in downtown Tacoma about 6 months ago and his hard money loan is coming to maturity.
The property is tax assessed at 1.1M and he has an owing balance of 570k. He would like to do a rate and term refi.
The property is a mixed use building. It houses 2 condos, a deli, and a few warehouse spaces. My client has his VA available but I don't think that this scenario fits utilizing it. He does have a lower credit score so I'm hoping this deal can ride on the equity in the property. He has a construction company and he owns multiple rental properties also. 
Please let me know if this is a scenario you may be able to facilitate or if you have any suggestions.

Views: 356

Reply to This

Replies to This Discussion

Hello, my name is Bernard Brown.

 

I am a business and commercial real estate consultant and financier. I was reading your ad and it appears that I might be able to help you. Please provide me with a brief but detailed executive summary/project scenario or loan request in your response to this message and the best time to contact you to discuss your situation?

commercialpropertysolutions@live.com

 

Thanks,

Bernard

Commercial Property Solutions

404-418-7841

I might be able to help, give me a call to discuss.

John Broussard

Newbridge Investments

713-777-9996 Ext 103

There are options but need to know what the clients really needs and what works for him.

The following program comes to mind but really need to know where he fits.

Loan Amounts: $250,000 to $2,000,000
Property Types: MultiFamily (5 units and up), Mixed Use, Office, Retail, Warehouse, Mobile Home Parks, Automotive Services, etc
Loan Purpose: Purchase, Refinance, & Cash Out
Terms: Up to 30 yr. Fully Amortizing
Available
Loan To Value Limit: 75%
Rates: as low as 6.49%
Debt Coverage Ratio: as low as 1.25

Let's connect to fix the situation


Chris Cambridge
Blue Note Assets
888.835.3640
assets@bnassets.com
www.bnassets.com

Attention!!!

I hope you are enjoying your week? Lets get back to financing and closing more deals now!

Just funded a $146,000 renovation loan in Pasadena, California. If you are in need of rehab funds, Fix and flip, personal loans, capital start up loans, consolidation loans, bridge loans, farm loans, real estate loans, I will go up to 70% of completed value. Fast funding, as little as 7 to 10 days, At Joe private lending we offer a national wide lending.

If you are interested in closing a deal in the next 6-10 days do not hesitate to make contact via email on dlllc.rehab@gmail.com or call, text or leave a voicemail on (775) 624-3150 and will would respond with more information.

Only serious people please!!! No time wasters!!! We are helping clients nationwide to achieve their financing needs!

Thank you

Sincerely,
David Lipp
Tel#: (775) 624-3150

David Lipp is operating a scam. I contacted David through this site. David has a business license and seemed to check out. After a few weeks of talk, David said I qualified for a loan. He stated that I needed $1953 in Origination Fees which had to be paid before the loan would fund. He had me wire the money to a woman in Florida. He stated that once the fees were paid, the loan would be funded within 24 hours. It came time for the loan to fund, David sent me a message stating that he went to the bank to do the transfer and the bank said I had to pay PPI Insurance on the loan before it would transfer. He stated that the amount I had to pay for insurance was $17,800. I refused to pay that ludicrous amount so he said he would pay half of it so I "Only had to pay $8900". I still said this is way too much. After a couple days David came back and said he had raised $15,000 towards my insurance. I said "Great! since you said I only had to pay $8900 of it, then we are good" David said no you have to pay the $17,800 but he would subtract the $15,000 so I had to come up with $2800. At this point, I told David that the fees are too high and I wanted to cancel the loan and refund my fees per our contract. David has since given me the run around and ignored my messages. When I confront him, he gets very nasty with me. He first told me I would get my refund in 24 hours. By the last time he promised the refund, he told me it would be 7 days. The 7th day was over last Weds and I still have not seen a refund. I track all of my correspondence and he has read all of my messages but fails to respond. I have researched David Lipp and found many names and businesses associated with him. 

The following is a list of businesses associated with David Lipp:  David & David, LLC, David Lipp, LLC, Grubb & Ellis, 4741 Charleston Aquisitions, LLC, Ventura Desert, LLC, Roc 1, LLC, Vegas Valley Partners, LLC, VVP Gibson, LLC, VVP Olsen, LLC, Swecker & Lipp Tenaya Azure, LLC (property), Gibson Land, LLC, Annallen, LLC, Beesley, LLC, Benjamin Millis, LLC, Lambeau, LLC, Millis Nellis LLC, Tenaya Partners LLC, VVP Ann LLC, Integrated Financial Associates, Millis Properties LLC, Olsen Land Development LLC, Prudent Ventures LLC, Milton West LLC, Swecker & Company. These companies have been found to be directly related to David Lipp. There are also another 30 or so companies potentially connected. 

The following is a list of known associates of David Lipp. Most are listed on businesses with Mr Lipp: Harry Hoover Hall, Dale Condra, Warren Condra, Collin Hart, Michael Swecker, Ben Millis, Mark Coleman, Thomas E Lea, Chris Beets, W. Larry Swecker, David T Ting. 

I have approximately 200 pages of evidence regarding the fraud committed by David Lipp. I have reported David Lipp to the BBB and submitted my evidence. My lawyer is also drawing up paperwork against Mr Lipp and any associates. Be wary of any of his associates as some appear to have direct knowledge of David Lipps scam and some of these names are potentially Mr Lipps other names. 

Yes, I was naive and was scammed by 2 individuals from this board. I did check business licenses and such. Hopefully, this will help others not to be scammed by these people. 

Tami,

Have a funding program that can help your client. Here are the details:

 Will go up 90LTV  with  the usual 2-3% and closing cost. Interest rate in the 5 to 6% range.

Credit does not play a factor. As long as the property appraises to 90 LTV and the client can

show that they can make the payments they will get funded.

Application available upon request.

Stone Creek Financial Services

510-575-1709

I read your loan proposal with the above subject but you did not leave a phone number to call you to discuss the scenario and its funding process,Have you been searching for a direct US based Private  money Lender to help you with your loan request that DOES NOT Charge any Upfront Fees or junk fees before funding? If so, you've found the right source.I can assure you that Money is something that I enjoy earning, but the key is "earning" and not "taking".
As Direct and registered Private Money Lender we provide you with the funds you need to quickly close, whether it be for commercial or residential real estate investments or other requirements. If you are tired of hearing "No" from the banks, a private money loan may fit your present needs or investment strategy perfectly,
  Why us?:
*Business Accredited by New York Department of Savings and Mortgage Lending (New York- SML)
*Free application and receive 48 hours approval and  Less than 1 week funding
*Business accredited by the New York Office of Financial Regulation provides regulatory oversight New York financial services providers.
*100% financing available
* Get an immediate inquiries and confirm if you would qualify through one to one phone call
*Funding is completed with 3-5 days
*Loan Hard Copies mailed to you: Bonded Courier within 3 business days after application through FedEx .
* No up-front fees (All fees are deducted from loan proceeds before the loan is disbursed)
* Fixed rates as low 3%-  8%-All at Best Available LTVs.
* Amortization & Terms up to 25 full years
*Our words is our bond.
* Speak to past and current references
N.B: Please send an email with your phone number before you call to allow me have a thorough over view about your scenario before talking to you.
Thank you for choosing RightWay Lending
Martin Reid (Direct loan officer)
Email: martinreid@rightwayloan.com
Call: 646-457-4286
Fax: 646-453-6438

To know more about Lender, terms, references and testimonials visit the websites-

WEBSITE
LENDER



RightWay Lending Customer Service address:424 Hunts Point Avenue , Bronx, NY 10474
 'we are the detail people, 'Right terms, Right steps, Right loans',

Tami - 

Did you ever line up the financing on this project?

Rich Coppage
Cressida Capital Corp.
EVP, Capital Markets
8939 S. Sepulveda Blvd.
Suite 102
Los Angeles, CA 90045
D: 213.481.6270
O: 213.784.2784 x1004
M: 480.215.9909 
F: 480.269.9805
E: richc@cressidacapital.com
www.cressidacapital.com
www.linkedin.com/in/richcoppage

Hello,

I'm a private/individual lender lending my own cash and I'm located in Las Vegas, NV USA, I lend money to borrowers nationwide and a few other countries overseas.

I offer all kind of legitimate loans such as real estate loan, business loans, personal loans, debt consolidation loans etc at an affordable interest rate of 4% with no prepayment penalty.

You can be approved for a loan within 2 Working days of applying and the loan is funded within 1 business day after approval, you are definitely guaranteed of ultimate solutions to all your financial plight and struggles

My lending program is always open for serious investors who are interested and ready for loan funding to finalize there single or various deals within and outside United States.

If interested, call at (775) 624-3150 or email: dlllc.rehab@gmail.com for more details...

David Lipp
(775) 624-3150

David Lipp is operating a scam. I contacted David through this site. David has a business license and seemed to check out. After a few weeks of talk, David said I qualified for a loan. He stated that I needed $1953 in Origination Fees which had to be paid before the loan would fund. He had me wire the money to a woman in Florida. He stated that once the fees were paid, the loan would be funded within 24 hours. It came time for the loan to fund, David sent me a message stating that he went to the bank to do the transfer and the bank said I had to pay PPI Insurance on the loan before it would transfer. He stated that the amount I had to pay for insurance was $17,800. I refused to pay that ludicrous amount so he said he would pay half of it so I "Only had to pay $8900". I still said this is way too much. After a couple days David came back and said he had raised $15,000 towards my insurance. I said "Great! since you said I only had to pay $8900 of it, then we are good" David said no you have to pay the $17,800 but he would subtract the $15,000 so I had to come up with $2800. At this point, I told David that the fees are too high and I wanted to cancel the loan and refund my fees per our contract. David has since given me the run around and ignored my messages. When I confront him, he gets very nasty with me. He first told me I would get my refund in 24 hours. By the last time he promised the refund, he told me it would be 7 days. The 7th day was over last Weds and I still have not seen a refund. I track all of my correspondence and he has read all of my messages but fails to respond. I have researched David Lipp and found many names and businesses associated with him. 

The following is a list of businesses associated with David Lipp:  David & David, LLC, David Lipp, LLC, Grubb & Ellis, 4741 Charleston Aquisitions, LLC, Ventura Desert, LLC, Roc 1, LLC, Vegas Valley Partners, LLC, VVP Gibson, LLC, VVP Olsen, LLC, Swecker & Lipp Tenaya Azure, LLC (property), Gibson Land, LLC, Annallen, LLC, Beesley, LLC, Benjamin Millis, LLC, Lambeau, LLC, Millis Nellis LLC, Tenaya Partners LLC, VVP Ann LLC, Integrated Financial Associates, Millis Properties LLC, Olsen Land Development LLC, Prudent Ventures LLC, Milton West LLC, Swecker & Company. These companies have been found to be directly related to David Lipp. There are also another 30 or so companies potentially connected. 

The following is a list of known associates of David Lipp. Most are listed on businesses with Mr Lipp: Harry Hoover Hall, Dale Condra, Warren Condra, Collin Hart, Michael Swecker, Ben Millis, Mark Coleman, Thomas E Lea, Chris Beets, W. Larry Swecker, David T Ting. 

I have approximately 200 pages of evidence regarding the fraud committed by David Lipp. I have reported David Lipp to the BBB and submitted my evidence. My lawyer is also drawing up paperwork against Mr Lipp and any associates. Be wary of any of his associates as some appear to have direct knowledge of David Lipps scam and some of these names are potentially Mr Lipps other names. 

Yes, I was naive and was scammed by 2 individuals from this board. I did check business licenses and such. Hopefully, this will help others not to be scammed by these people. 

I'm prepared to fund your deal High Approval Rates And Flexible Repayment Plans Are Our Specialty; We Also Provide Credit Card Processing. We Provide Businesses With The Best In Transaction Processing Services. Our Competitive Pricing, Around-The-Clock 24/7 Customer & Technical Support, And Innovative Technology Sets The Industry Standard. Contact Me Directly At cahpsllc@gmail.com
(Mailto: cahpsllc@gmail.com) And I Will Respond Immediately With Loan Terms And Application To Start Processing Your Loan Request.

DAVID P. FRANCE
DIRECT LENDER REAL-ESTATE INVESTOR
DAVID P. FRANCELLC
Cell:325-261-0531 Fax: 844-723-8341
E-mail: cahpsllc@gmail.com

RSS

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service