which hedge fund does blanket loans?

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jsheldonwilliams

53 Posts

Posted - 05/12/2008 : 12:22:45 PM

i know someone does this deal.

Quicksilver

4630 Posts

Posted - 05/12/2008 : 12:26:02 PM

Huh? Did you just ask a question, and answer yourself?

mortgagemessiah

8003 Posts

Posted - 05/12/2008 : 12:48:45 PM

LOL

Actually, if someone does know a hedge fund that will do it, they won't share the info with you without making you go through them.

lenderben

1081 Posts

Posted - 05/12/2008 : 1:32:12 PM

we are hard money lenders who own and manage two hedge funds which are conglomerates of all of our loans. We can do blanket loans.

mortgagemessiah

8003 Posts

Posted - 05/12/2008 : 1:36:10 PM

Ben what are your parameters and where do your rates start?

lenderben

1081 Posts

Posted - 05/12/2008 : 2:06:41 PM

50-65% LTV, interest rates starts at 12%

mortgagemessiah

8003 Posts

Posted - 05/12/2008 : 2:12:08 PM

quote:
Originally posted by lenderben

50-65% LTV, interest rates starts at 12%

Ouch! My source will go up to 80% and their rates start at 7.5%

mortgagemessiah

8003 Posts

Posted - 05/12/2008 : 2:52:09 PM

I just tried emailing you and got bounced back. Anyway, a good commercial broker is not going to reveal his funding source until after the referring broker signs a broker agreement and has a fee agreement in place with the both referring broker and the client.

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