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Dharma
55 Posts |
 Posted - 07/23/2008 : 8:13:47 PM
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I mostly do private money loans. I am overwhelmed with business. I have investors but they can't supply enough. Just in the last 2 days I got several new loans. A few in the 300k to 700k range and 1M , 1.1M, 11.5M, 15M etc.. I have to turn them down.
I need to be able to do residential hard money in Hawaii and Oregon. I have good contacts for commercial loans, thanks to the BO, but I can't place all my residential private money. Most of my loans are in Hawaii. Any private money brokers hiring right now? Please do not reply if you just want to co-broker. Also I want access to true private money.I can look in the scotsman's guide myself for hard money lenders. I dont need another broker to do it for me and keep 50% of the points.
Thanks! |
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Dharma
55 Posts |
Posted - 07/24/2008 : 10:15:34 AM
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bump....
anyone ??? |
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Jeff81
60 Posts |
Posted - 07/24/2008 : 11:06:39 AM
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ADVANTAGE CAPITAL is your equity based lender. Loans available in AZ, CA, CO, FL, NV, OR, UT, & WA
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Loan amounts from $25,000-$1,000,000
SISA - (CO and NV loans require income verification)
No Prepayment Penalty
No Max Cash Out
Foreclosure Bailout and Bankruptcy Buyout Okay
Interest Only payment terms
Broker can earn up to 4+ points!
Traditional Hard Equity 1st mortgage program
Non-Owner only (some mixed use possible)
No Prepayment Penalty
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SISA (CO and NV loans do require income verification)
Up to 60% LTV Cash Out
Loan size $150k - $1m
No Max Cash Out
Broker can earn up to 4+ points!
REO / Rehab / Unfinished Construction Loans
Non-Owner
No Prepayment Penalties
No Minimum Fico
Un-permitted Addition Correction OK
SISA
Cash out to 60% of As-Is value
Loan size $150k - $1m
Broker can earn 4+ points!
Respectfully,
Jeff Morgan
Account Executive
841 Prudential Dr. 10th Floor
Jacksonville, Fl. 32207
Office 904-482-1428 ext. 314
Fax 866-446-3720
jmorgan@adcapequity.com
Confidentiality Warning: This e-mail contains information intended only for the use of the individual or entity named above. If the reader of this e-mail is not the intended recipient or the employee or agent responsible for delivering it to the intended recipient, any dissemination, publication or copying of this e-mail is strictly prohibited. The sender does not accept any responsibility for any loss, disruption or damage to your data or computer system that may occur while using data contained in, or transmitted with, this e-mail. If you have received this e-mail in error, please immediately notify us by return e-mail
quote:
Originally posted by Dharma
I mostly do private money loans. I am overwhelmed with business. I have investors but they can't supply enough. Just in the last 2 days I got several new loans. A few in the 300k to 700k range and 1M , 1.1M, 11.5M, 15M etc.. I have to turn them down.
I need to be able to do residential hard money in Hawaii and Oregon. I have good contacts for commercial loans, thanks to the BO, but I can't place all my residential private money. Most of my loans are in Hawaii. Any private money brokers hiring right now? Please do not reply if you just want to co-broker. Also I want access to true private money.I can look in the scotsman's guide myself for hard money lenders. I dont need another broker to do it for me and keep 50% of the points.
Thanks!
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Dharma
55 Posts |
Posted - 07/24/2008 : 11:26:48 AM
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That is exectly what I dont want, a reply from an AE or a co-broker.
I am really looking to sign up with a broker who has true private investors. I have investors but I have too many loans for them and they can't do loans above 1M most of the time. Also I need HAWAII and Oregon. Thanks anyway Jeff but it is not what I am looking for. |
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KHufford
5310 Posts |
Posted - 07/24/2008 : 11:31:46 AM
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quote:
Originally posted by Dharma
That is exectly what I dont want, a reply from an AE or a co-broker.
I am really looking to sign up with a broker who has true private investors. I have investors but I have too many loans for them and they can't do loans above 1M most of the time. Also I need HAWAII and Oregon. Thanks anyway Jeff but it is not what I am looking for.
Hey man, I know we have conversed before, so I am not being rude here, as I know you are a nice person...howevere - what the heck exactly are you looking for?? Your post is very confusing..along with this response.
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Jeff81
60 Posts |
Posted - 07/24/2008 : 11:33:52 AM
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Dharma, I am a direct lender, so closing is going to be a 100times faster and t can go to over 3million, I thought i was what you were asking, sorry for the misunderstanding.quote:
Originally posted by Dharma
I mostly do private money loans. I am overwhelmed with business. I have investors but they can't supply enough. Just in the last 2 days I got several new loans. A few in the 300k to 700k range and 1M , 1.1M, 11.5M, 15M etc.. I have to turn them down.
I need to be able to do residential hard money in Hawaii and Oregon. I have good contacts for commercial loans, thanks to the BO, but I can't place all my residential private money. Most of my loans are in Hawaii. Any private money brokers hiring right now? Please do not reply if you just want to co-broker. Also I want access to true private money.I can look in the scotsman's guide myself for hard money lenders. I dont need another broker to do it for me and keep 50% of the points.
Thanks!
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Dharma
55 Posts |
Posted - 07/24/2008 : 11:50:51 AM
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Sorry guys. English is not my first language...
Basically I am looking to work for a broker who is set up with multiple private money investors. The company I am with right now has a few hard money lenders but most wont lend in Hawaii. Also I have private investors in Hawaii. Just guys with lots of money. But I have more loans than they can handle. Either too many loans for the funds they have available or just loans too big for them.
So I am searching for a broker who has plenty of private money available. That way I would not have to turn down deals because my investors are tapped out, waiting on payoffs etc... Mainly looking for a remote LO position....
That would be for residential private money. For commercial ,I already have good contacts here on the BO, namely Kyle and Chris.
I hope this is more clear. If not I can write in French and get someone to translate for me......lol
Jeff, no worries. I will keep you in mind for my Orygun loans.thanks! |
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