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1 mil is equity. 1 issue. Business only been operational for about 2 months. Doable?
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Has 750 fico -
Hey,
How long has the borrower owned the property? This should definitely be able to get done via a commercial bridge loan. Long as they generate enough revenue to service the debt. Do they have any other sources of income? Shoot me a email.
Nick Hubbard | Senior Loan Advisor
e: nick@elitefactoring.com
o: 314-252-0299Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.comComment
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what was the purchase price and value fo the Rea Estate only? please provide more information,
Is it a Strip center, MF, Industrial etc...
What is the debt?
Borrower experience? does he own other property?
Originally posted by Burger View PostJerry Starr
Insource Funding
433 Plaza Real, Ste 275 Boca Raton, Fl 33432
P: 800-805-3391 || Fx: 561-270-6895
Jerry@insourcefunding.net || insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
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