the owner is looking for a $1,000,000 loan for a 2nd mortgage on the property in Frederick CO 80504. Hoping for 8% or better.
The loan will be contributing to building a $4.5M value solar farm, a $500K value ADU for rental income, and secured by the $2M value SFR already on the property and rented out. Total after improvement value of $7M, and a debt of $900K existing mortgage-NOT refinancing that as it is lower than 3%, and the $1M 2nd mortgage.
The solar farm is also being supported by grants, selling the tax credits and efficient construction.
After improvement revenue:
$20,000 Net from the solar farm
$4,000 Rent from the ADU
$5,2000 Rent from primary dwelling
$29,000 Gross Monthly Revenue
-$4,500 1st Mortgage
-$7,300 2nd Mortgage
$17,200 Net Monthly Revenue
Please let me know if you have a program for this, and what documents you need, thanks.
anthony...
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Send Us Your Deals - No Broker Fees
In business since 2017, Monumental Funding Solutions is your go-to for top-rated working capital solutions. Our dedicated team specializes in delivering quality service to businesses generating at least $10,000 monthly. With over 1,000 options for working capital and commercial real estate financing, we're confident we have the right solution for you.
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Monumental ARV Pro Loan is the perfect program for house flippers who need a short-term solution for purchasing an investment property and financing...
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Real estate, Mortgage/refi leads
To anyone that's interested, I have a multitude of Real Estate, Mortgage/refi leads. They are from 3 states: California, New Jersey, & Florida. All were actively looking for a mortgage, etc. less than a month ago. Selling in bulk, Message me for details....
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FUNDED $85,000 to Medical Clinic in Florida
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If you have any submissions, please call me to discuss (212.803.3320 x110 ) or email joseph@thesmartermerchant.com
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brokers pivoting to sell personal protective equipment
Working on a feature article for deBanked. During the pandemic, a number of brokers, faced with no way to make money for months, have pivoted to selling personal protective equipment. I'm trying to find a few brokers willing to chat with me who had been arranging loans or funding for small businesses before the pandemic but had to shift gears to earn a living. Please email me at cheryl.munk@gmail.com
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DIRECT LENDER SEEKING ISOs
I am an underwriter and ISO rep for a direct lender. I am looking for new ISO's to come on board. A-C paper deals, 15 points max commission. I would be your direct point of contact. I will have your deals expedited and help push funding along.
All deals are funded in house - we DO NOT broker deals.
We have an extremely fast turn around time, seasoned underwriters and all underwriting is done upfront unless specified otherwise. We put out aggressive offers and are willing to compete on all deals, big and small. We will get creative and payoff balances to come in as a 2nd or 3rd position if the deal makes sense.
lease let me know if you have any questions and if you are interested in signing up with us I can send you over an ISO Agreement and W-9 from my company e-mail.
I look forward to hearing from you - have a great day!
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Phoenix Funding: Searching for
Looking for high risk residential and commercial lenders
please send an email to submissions@pffloans.com...
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Business Funding Agent Needed
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Website: https://davidallenservices.com/102343386
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Commercial Real Estate Equity Investment Program
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I NEED A "LOANME" LENDER THAT FUNDS ALL 50 STATES, SPECIFICALLY TEXAS
There's a term loan deal i'm currently working on and i'm trying to go through "Loanme" but they only fund in 30 states.
Now, the problem is that my deal is not in one of those 30 states, mine's in Texas. So with that being said, which lenders are similar to Loanme (Monthlys, 2-10yrs, Same day funding, etc...). Please let me know ASAP. Thank you.
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Phoenix Funding and Finance -CALLING ALL ISO's
We are an organization backed by 30 years of sales industry experience and the expediency to get deals funded
Approvals or Denials with three(3) to five(5) hours SAME DAY
WE ARE NOW PARTNERED WITH DIRECT LENDERS NOT BROKERS
WITH OVER $500MM AVAILABLE THRU OUR EQUITY PARTNERS
This is a non-boiler room operation
ONE ON ONE SERVICE -DIRECT NUMBER TO CEO
We are not in the business of running or ruining credit
Our CEO is available until 11 pm at night 5 nights a week. Available on weekends
Provide references from day one-a list that took us 20 years to build
Let our website speak for itself (below)
We can pay up to 8 to 12 points on most deals
We can fund all you A thru F paper
LIST OF SERVICES OFFERED- Merchant Cash Advance(MCA) thru ACH
- Merchant Cash Advance(MCA) thru Credit Card Pull/Lockbox (NO SWITCHING)
- Consolidation and Reverse Consolidation
- Equity Loans
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$200K MCA Consolidation Needed
Hi,
Looking to consolidate 2 positions.
1st Position: $150K @ 18-mon/wkly payment
2nd Position $85K @ 18-mon/Daily payment
Currently owes:$200K
Daily Bank Balance:$32K
Avg Monthly Dep: $91K (Breakdown: CC's avg. $60-$70K & Cash avg $30-$40K monthly)
Annual Rev:$1.1million (consistent)
Credit Score:723 FICO
MCA payment history: Excellent / Applicant has been on time with all payments.
Collateral: Doesn't have enough collateral to qualify for a term loan.
(Applicant has a Gas Station free & clear (Valued at $150K) but does not have a Phase 1 for the land. Also has a personal Home valued @$180K but owes $110K.)
**Rate has to be around 1.35 @10-12 month termto make sense.
***Only contact me if your a Direct Lender!
Call Brian@ 347.662.5313
Email: Info@gapfunding.biz
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Looking for New ISO's : Highest Payout Delivered
08-12-2018, 12:49 PM
We are an organization backed by 30 years of sales industry experience and the expediency to get deals funded
We are now partnered with several direct lenders that have over $200MM in assets
This is a non-boiler room operation
ONE ON ONE SERVICE -DIRECT NUMBER TO CEO
We are not in the business of running or ruining credit
WE ARE AVAILABLE TIL 9 PM FIVE NIGHTS A WEEK
The CEO IS AVAILABLE TIL 11 pm AND Available on weekends
Provide references from day one-a list that took us 20 years to build
Let our website speak for itself (below)
WE PAY UP TO 12 POINTS IN MOST CASES FOR ALL A THRU D PAPER
LIST OF SERVICES OFFERED- Merchant Cash Advance(MCA) thru ACH
- Merchant Cash Advance(MCA) thru Credit Card Pull/Lockbox (NO SWITCHING)
- Debt Consolidation/Debt Settlement (Overleveraged on MCA loans)
- Equity Loans Based on Real Estate or Equipment
- Invoice Factoring
- Equipment
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Developer Looking for $200K// 7-million Revenue // FICO 762
Developer looking for a total of 500K-$750k spread out over 3 Deals. Scheduled to Start a development project worth $320-mil. in January 19' to build over 10,000 homes. Looking for additional capital to start project. I can provide contract for upcoming contract with all supporting documentation.
Issue with the file is, they have inconsistent deposit history - 1 month its 10k in deposits & another month is 2-million. Total Revenue for last 12 months is 7-million.
No current or past positions (clean file)
No debts or liens
Credit Score is 762 FICO
12-months of Banks statements in hand
Application in hand
I have requested 2017's Tax Return & Financial documents already
If anyone is interested in funding this file --contact Brian at 347-662-5313
Thank you!