Need Funding For Package of Properties

5 Replies

Hello.  I'm looking for funding on a package of properties.  I have access to bank owned properties and up until now, I've been buying 1 or 2 at a time on a monthly basis.  We either flip these properties or refinance them with our portfolio lender.  I'm looking for a private lender that wants to make a solid return on their investment, no pre-payment penalties and can help us to fund a package of properties on a monthly basis for around $100k.  We bid on these properties and we never know what we're going to win, but I can walk you through our due diligence process, our marketing strategy for the properties and some examples of deals that we've done so that you can understand how and when you're going to get your money back.  Please feel free to contact me if you're open to this type of funding.

Thanks,
Ben 

Just throwing this out there...Another way to go is with a revolving credit type product. It sounds that would check off a lot of your boxes. 

Thanks Eric.  Do you have any suggestions on that?  I've had a challenge finding something along those lines where it's not secured by property.

Originally posted by @Benjamin Fredricks :

Thanks Eric.  Do you have any suggestions on that?  I've had a challenge finding something along those lines where it's not secured by property.

Why wouldn't it be secured by property? I thought that was your whole point...

My apologies. I quickly read the post. Yes they would have to be secured by the property. Closing time is 1-2 weeks. Sounds like that won't accomplish what you are looking to do.

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