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 Search for: 500 units that need to be closed asap!.
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emeraldfinancial

1 Posts

Posted - 06/17/2008 :  12:33:13 PM
I'm looking for a lender or group of lenders who you handle 500 Condotel purchase end units for UK/Foreign National buyers that I have.

Perhaps a portion of those units could be split up between lenders?

Each borrower has already put down 30% and is sitting in escrow in a US bank account. They are all very good credit borrowers with 6-12 verifiable liquid assets+.

Please advise.
Jeremy - 407.227.8058
ddmortgage

268 Posts

Posted - 06/17/2008 :  1:36:06 PM
I might be able to help, email me so we can discuss this in more detail.
RobStorm

407 Posts

Posted - 06/17/2008 :  5:05:23 PM
Don't you just love it when you get a reply in ALL CAPS and they have a hotmail, gmail, or yahoo email address?

Edit: Oh, and I almost forgot, a BO title of "Mortgage Agent".
HMDApproved

620 Posts

Posted - 06/17/2008 :  5:47:52 PM
Hedge funds lending over 3 billion on condotels????

Please tell me which one so I know where not to invest.
KHufford

5316 Posts

Posted - 06/17/2008 :  5:52:05 PM
quote:
Originally posted by HMDApproved

Hedge funds lending over 3 billion on condotels????

Please tell me which one so I know where not to invest.



Wow, you are an accredited investor? I want your bank account!

Miller192

147 Posts

Posted - 06/17/2008 :  5:56:29 PM
quote:
Originally posted by KHufford

quote:
Originally posted by HMDApproved

Hedge funds lending over 3 billion on condotels????

Please tell me which one so I know where not to invest.



Wow, you are an accredited investor? I want your bank account!





You can actually get into some hedge funds that are fund of funds as a "qualified" investor. Despite their claims, their returns are somewhat pale. Anything that is designed for the high net worth investor but gets repackaged for the average investor generally is a bad idea.
KHufford

5316 Posts

Posted - 06/17/2008 :  6:03:02 PM
quote:
Originally posted by Miller192

quote:
Originally posted by KHufford

quote:
Originally posted by HMDApproved

Hedge funds lending over 3 billion on condotels????

Please tell me which one so I know where not to invest.



Wow, you are an accredited investor? I want your bank account!





You can actually get into some hedge funds that are fund of funds as a "qualified" investor. Despite their claims, their returns are somewhat pale. Anything that is designed for the high net worth investor but gets repackaged for the average investor generally is a bad idea.



Yeah, that was my point, you can invest in a fund that invests in hedge funds as joe shcmo, but if you are investing IN a hedge fund you are pretty loaded.
HMDApproved

620 Posts

Posted - 06/17/2008 :  6:06:25 PM
GHEEZ, I didnt know there were that many series 7's floating around...
Miller192

147 Posts

Posted - 06/17/2008 :  6:10:01 PM
7, 66, 31

Life, Health and annuity here.
KHufford

5316 Posts

Posted - 06/17/2008 :  7:00:38 PM
quote:
Originally posted by HMDApproved

GHEEZ, I didnt know there were that many series 7's floating around...



HAHA!

Nope, just a wizard of finance, JK.
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