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Updated over 1 year ago on . Most recent reply

Jeremy Sullivan's profile image
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Jeremy Sullivan
  • Member since Sep 8, 2021
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Jeremy Sullivan
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Jeremy Sullivan
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Mortgage Brokers & Lenders

LENDER - Does anyone have experience with Stratton Equities?

Jeremy Sullivan
Posted

Has anyone used Stratton Equities for hard money/ fix n flip loans?

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Caroline Gerardo's profile image
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Caroline Gerardo
  • Lender
  • from Laguna Niguel, CA
  • Member since Mar 2, 2015
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Caroline Gerardo's profile image
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Caroline Gerardo
  • Lender
  • from Laguna Niguel, CA
  • Member since Mar 2, 2015
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Caroline Gerardo
  • Lender
  • Laguna Niguel, CA
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Caroline Gerardo
  • Lender
  • Laguna Niguel, CA
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New Jersey to the max. Started 2018. The minimum loan $400000  though they advertise lower they want short term deal that pays four points or more. Michael Mikhail is the boss. Jake is helpful. Many on the phone can't answer questions. NOT for NONQM. They can do hard money on subject property that looks great. I do not sell or use hard money, I can steer you to someone who fits your unique situation, without any commission. Hard money is for short term deals when you are dire. You must have a plan to sell or refinance in twelve months. Don't take a prepayment penalty, buy out of it.  

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