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Kats
4 Posts |
Posted - 08/11/2008 : 07:44:00 AM
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Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks |
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PBFinancial
430 Posts |
Posted - 08/11/2008 : 10:50:18 AM
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IF the deal is less then 35% in Los Angeles, I can offer you 9.00% if the home is in good condition.
Pouyan Broukhim PB Financial Group Corp 310-289-0900 x 102 Office 310-990-6890 Cell Phone 866-318-4471 Direct Fax pbroukhim@pbfinancialgrp.com |
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davidfr
1172 Posts |
Posted - 08/11/2008 : 11:06:15 AM
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Kats,
You may find you get a bit more help if you post at least some basic information about the scenario.
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AGreene00
2820 Posts |
Posted - 08/11/2008 : 11:13:36 AM
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| 9% is a pretty low rate for true hard money. What is the exact scenario? |
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Rockland567
141 Posts |
Posted - 08/11/2008 : 5:09:35 PM
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Please contact me. Thank you.
Andy Richards Rockland Commercial, Inc. 1732 Aviation Blvd #309 Redondo Beach, CA 90278 O: 310-709-5752 F: 310-622-4186 Andy@RocklandCommercial.com www.rocklandcommercial.com
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dkendall1979
10297 Posts |
Posted - 08/11/2008 : 5:36:48 PM
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CA to 50% LTV, $1M minimum loan amount, 8.9%
Also, this is for non-owner occupied and commercial properties only. Good locations.
quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
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gcaron05
247 Posts |
Posted - 08/11/2008 : 5:39:45 PM
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quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
Over $1 million 8% 75% LTV |
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KHufford
6002 Posts |
Posted - 08/11/2008 : 5:46:25 PM
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quote: Originally posted by gcaron05
quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
Over $1 million 8% 75% LTV
Hard money at 8% to 75%! Sign me up...?
What can you offer this on property wise?, honestly.
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dkendall1979
10297 Posts |
Posted - 08/11/2008 : 5:47:55 PM
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I beleive he's quoting Cy Bahmans program. Do a site search for him, you'll find him.
www.arbotco.com
He was saying they've got 8% to 75% LTV hard money'ish terms.
quote: Originally posted by KHufford
quote: Originally posted by gcaron05
quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
Over $1 million 8% 75% LTV
Hard money at 8% to 75%! Sign me up...?
What can you offer this on property wise?, honestly.
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rtrefflich
3414 Posts |
Posted - 08/11/2008 : 5:50:19 PM
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Can you do this in UT?
Any county in CA?
It it true "hard money" no score, no income, no assets?
quote: Originally posted by dkendall1979
CA to 50% LTV, $1M minimum loan amount, 8.9%
Also, this is for non-owner occupied and commercial properties only. Good locations.
quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
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gcaron05
247 Posts |
Posted - 08/11/2008 : 5:51:05 PM
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quote: Originally posted by KHufford
quote: Originally posted by gcaron05
quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
Over $1 million 8% 75% LTV
Hard money at 8% to 75%! Sign me up...?
What can you offer this on property wise?, honestly.
No I'm not quoting anyone. That is our rate. Prime +3. Just as long as it's NOO, over $1million and the numbers make sense.
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dkendall1979
10297 Posts |
Posted - 08/11/2008 : 5:52:18 PM
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True hard money. Don't need a credit report or tax returns. Will ask for a rent roll on commercial properties though.
quote: Originally posted by rtrefflich
Can you do this in UT?
Any county in CA?
It it true "hard money" no score, no income, no assets?
quote: Originally posted by dkendall1979
CA to 50% LTV, $1M minimum loan amount, 8.9%
Also, this is for non-owner occupied and commercial properties only. Good locations.
quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
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gcaron05
247 Posts |
Posted - 08/11/2008 : 5:52:52 PM
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[quote]Originally posted by dkendall1979
I beleive he's quoting Cy Bahmans program. Do a site search for him, you'll find him.
www.arbotco.com
He was saying they've got 8% to 75% LTV hard money'ish terms.
Never heard of them! |
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dkendall1979
10297 Posts |
Posted - 08/11/2008 : 5:52:55 PM
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Who is "our"? I thought you were a pass through?
quote: Originally posted by gcaron05
quote: Originally posted by KHufford
quote: Originally posted by gcaron05
quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
Over $1 million 8% 75% LTV
Hard money at 8% to 75%! Sign me up...?
What can you offer this on property wise?, honestly.
No I'm not quoting anyone. That is our rate. Prime +3. Just as long as it's NOO, over $1million and the numbers make sense.
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KHufford
6002 Posts |
Posted - 08/11/2008 : 5:56:38 PM
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quote: Originally posted by dkendall1979
Who is "our"? I thought you were a pass through?
quote: Originally posted by gcaron05
quote: Originally posted by KHufford
quote: Originally posted by gcaron05
quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
Over $1 million 8% 75% LTV
Hard money at 8% to 75%! Sign me up...?
What can you offer this on property wise?, honestly.
No I'm not quoting anyone. That is our rate. Prime +3. Just as long as it's NOO, over $1million and the numbers make sense.
Yeah, please clarify.
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gcaron05
247 Posts |
Posted - 08/11/2008 : 5:56:45 PM
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Sorry! Our lenders rates. I'll make note to be more specific.
quote: Originally posted by dkendall1979
Who is "our"? I thought you were a pass through?
quote: Originally posted by gcaron05
quote: Originally posted by KHufford
quote: Originally posted by gcaron05
quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
Over $1 million 8% 75% LTV
Hard money at 8% to 75%! Sign me up...?
What can you offer this on property wise?, honestly.
No I'm not quoting anyone. That is our rate. Prime +3. Just as long as it's NOO, over $1million and the numbers make sense.
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dkendall1979
10297 Posts |
Posted - 08/11/2008 : 5:58:40 PM
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Try them out on a deal. I've been curious myself, but don't feel like going through the trouble of finding out.
quote: Originally posted by gcaron05
[quote]Originally posted by dkendall1979
I beleive he's quoting Cy Bahmans program. Do a site search for him, you'll find him.
www.arbotco.com
He was saying they've got 8% to 75% LTV hard money'ish terms.
Never heard of them!
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KHufford
6002 Posts |
Posted - 08/11/2008 : 6:17:42 PM
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quote: Originally posted by gcaron05
Sorry! Our lenders rates. I'll make note to be more specific.
quote: Originally posted by dkendall1979
Who is "our"? I thought you were a pass through?
quote: Originally posted by gcaron05
quote: Originally posted by KHufford
quote: Originally posted by gcaron05
quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
Over $1 million 8% 75% LTV
Hard money at 8% to 75%! Sign me up...?
What can you offer this on property wise?, honestly.
No I'm not quoting anyone. That is our rate. Prime +3. Just as long as it's NOO, over $1million and the numbers make sense.
Dan, its stuff like this that makes people so leary of you guys, its a mistake that gets made with much frequency. In fact, its not a mistake its purposeful, and unimaginable how a broker would ever type OUR RATES...its just shows you really dont know whats going on, seriously, I cant imagine accidentally phrasing things the way you guys do..and then all the sudden just saying 'OOPS'..
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gcaron05
247 Posts |
Posted - 08/11/2008 : 7:06:40 PM
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quote: Originally posted by KHufford
quote: Originally posted by gcaron05
Sorry! Our lenders rates. I'll make note to be more specific.
quote: Originally posted by dkendall1979
Who is "our"? I thought you were a pass through?
quote: Originally posted by gcaron05
quote: Originally posted by KHufford
quote: Originally posted by gcaron05
quote: Originally posted by Kats
Very simply just looking for hard money at around 9%.
Let me know if you know of anyone,
Thanks
Over $1 million 8% 75% LTV
Hard money at 8% to 75%! Sign me up...?
What can you offer this on property wise?, honestly.
No I'm not quoting anyone. That is our rate. Prime +3. Just as long as it's NOO, over $1million and the numbers make sense.
Dan, its stuff like this that makes people so leary of you guys, its a mistake that gets made with much frequency. In fact, its not a mistake its purposeful, and unimaginable how a broker would ever type OUR RATES...its just shows you really dont know whats going on, seriously, I cant imagine accidentally phrasing things the way you guys do..and then all the sudden just saying 'OOPS'..
If you want to jump on every little mistake made then I have no control over that. I fixed my mistake why do you have to try to discredit everything. Yes it is our rates as we are they are our exclusive lenders. We are real. Get over yourself. End of discussion. |
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peter
4617 Posts |
Posted - 08/11/2008 : 7:09:27 PM
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My borrower could go for 8 to 9% on 35% LTV or L/A $140,000. No mortgage late, 661 FICO, self employed biz owner, and has biz license etc. O/O occupied condo in L.A. with market value of $400,000 to $420,000. Maximum 4 points to lender.
Will this work for any lender here? Please advise or e-mail me directly.
Peter Silomtip@yahoo.com |
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