All Forum Posts by: Logan Hicks

I pay cash if the numbers are right. 

Feel free to PM me if interested.

Im open to the idea, especially in NJ and NY

Is it under contract yet? I am highly interested.

Be on the lookout for about 6 emails or so from me. You shoudl have all of the contracts Im currently looking at, my complete and full financial history, to include bank deposits, as well as tax records, and a full break down in terms of cash flow, as well as historic performance. 

Oh my dear lord, you can do as low as a 540?

Call me tonight or tomorrow. 731 377 7124.

I have one portfolio set of 57 houses, averaging 30-45% LTV, and an additional 26 portfolio set similar condition, same region.

Im also after apartment complexes. I have sourcing for them, and if you can approve such a low score, I have the cash flow to provide proof of funds, and proof of means. 

Have the buildings been appraised? If so, what are the numbers? I have someone I can buy these through since they are commercial. 

I have the following available balances:

600, securing with cash

6000, securing with collateral

12500, securing with cash

27000, securing with cash and collateral

52500, securing with cash and collateral.

My score is in the low 600s, so conventional loans are out for me. I havent missed a payment in over a year, and I have completed several loans without issue.

I have substantial cash flow, and have wiped out some 70000 in debt in the past 6 months, and plan on wiping out abother 25k very soon.

The loans will be used to establish a relationship with the lendor(s), create a proven track record, wipe out the last negative things on my credit that can be resolved, and expand one of my businesses by acquiring one of my competitors in my area.

The expansion will increase my gross by 330k, my net cash by 110k, and my asset sheets by 75k.

Feel free to call direct, as I prefer to save time. Things are moving very fast for me right now.

Direct: 731 377 7124

Email: [email protected]

Info on my company:

http://www.manta.com/c/mb4s3d9/eduarmor-inc

Totally forgot to mention, the whole reason behind the first loans is to restructure the debt to build credit back up, while also building a relationship with the lender.

I could totally wipe the debts out with cash, yes, sure, absolutely, but then Id be debt free, with no means to generate debt easily (or logically), and no debt to restructure to allow for refinancing to reestablish.

The 12500 balance is a secured card on a 1 for 1 ratio. The 600 loan is the same.

My immediate objectives once the relationship is established would be to start purchasing more SBA pre-approved businesses, as well as purchasing RE in bulk.

Currently I am only able to finance business purchases through Yadkin Bank, which is a great SBA bank, but my feelings on it are mixed due to concerns with processing times and the number of loans they will allow me to finance at once.

Feel free to PM me for additional supporting information such as loan payoffs, financial statements, credit report, Tax records, etc.

As for larger loans, Right now I also need 115k for another business acquisition. Its already pre approved by the SBA for purchase.

I have 3 properties, of 48k, 13k, and 7k. Respective values on ARV/LTV are 200-400k, 40-60k, and 85-120k respectively.

Im pretty good at finding good deals lol

Totally forgot to mention, the whole reason behind the first loans is to restructure the debt to build credit back up, while also building a relationship with the lender.

I could totally wipe the debts out with cash, yes, sure, absolutely, but then Id be debt free, with no means to generate debt easily (or logically), and no debt to restructure to allow for refinancing to reestablish.

The 12500 balance is a secured card on a 1 for 1 ratio. The 600 loan is the same. 

My immediate objectives once the relationship is established would be to start purchasing more SBA pre-approved businesses, as well as purchasing RE in bulk. 

Currently I am only able to finance business purchases through Yadkin Bank, which is a great SBA bank, but my feelings on it are mixed due to concerns with processing times and the number of loans they will allow me to finance at once. 

Feel free to PM me for additional supporting information such as loan payoffs, financial statements, credit report, Tax records, etc.

well then, let me tell you about the wonders of baltimore, atlanta, indiana, colorado, college towns, and military regions.

Direct dial: 731 377 7124

title says it all.

I have the following available balances:

600, securing with cash

6000, securing with collateral

12500, securing with cash

27000, securing with cash and collateral

52500, securing with cash and collateral.

My score is in the low 600s, so conventional loans are out for me. I havent missed a payment in over a year, and I have completed several loans without issue.

I have substantial cash flow, and have wiped out some 70000 in debt in the past 6 months, and plan on wiping out abother 25k very soon. 

The loans will be used to establish a relationship with the lendor(s), create a proven track record, wipe out the last negative things on my credit that can be resolved, and expand one of my businesses by acquiring one of my competitors in my area.

The expansion will increase my gross by 330k, my net cash by 110k, and my asset sheets by 75k.

Feel free to call direct, as I prefer to save time. Things are moving very fast for me right now.

Direct: 731 377 7124

Email: [email protected]

Info on my company:

http://www.manta.com/c/mb4s3d9/eduarmor-inc

As a fellow IT guru amongst many things, and a previous principal engineer from Jacobs, I feel you on every front there.

What I would suggest is while you are still employed to request increases of your credit lines.

It will be far easier to get them now as compared to later.

As for starting out, I can help you to an extent in a lot of ways, connections, resources, information access, etc.

My first suggestion properties wise is for you to not start in San Fran. Entry level in CA is very expensive, and your risk would be very high because of that. Combined with your current primary potentially coming to an end, it could be a serious mess for you.