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Updated almost 8 years ago on . Most recent reply

User Stats

64
Posts
16
Votes
Aaron Ingram
  • Rental Property Investor
  • Austin, TX
16
Votes |
64
Posts

Questions on a private lender

Aaron Ingram
  • Rental Property Investor
  • Austin, TX
Posted
Now that I have come out as a "real estate investor" some companies have solicited via LinkedIn and I wanted to get opinions. Seems they are private money lenders looking for business and I wanted to get feedback on the opportunity they provide (especially with consolidation). Here is the sales pitch "The company I work for is an asset-based lender that offers competitive rates and closing certainty, having closed more than $2.4 billion in loans for nearly 20,000 properties in the last 2 years. We offer flexible products that are custom-tailored to residential investors – from a single-asset to a portfolio of properties – from $75k to $100M." Company is called colony American finance

Most Popular Reply

User Stats

92
Posts
45
Votes
Rod Stanback
  • Lender
  • Philadelphia, PA
45
Votes |
92
Posts
Rod Stanback
  • Lender
  • Philadelphia, PA
Replied

Hi Aaron,

I am familiar with Colony American finance and they are a legit lending company. However, their loan products are more for portfolio or buy and hold properties. The programs they offer are not geared toward fix and flip investing.

  • Rod Stanback

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