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Updated over 6 years ago on . Most recent reply
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Hello, I am new and have a question
Hello,
I am new to the forum and I am trying to figure out if a product I am marketing would be helpful in the real estate niche. I offer loans backed by securities. In other words you have a stock portfolio that you don't want to touch so you use those stocks as collateral for a loan. Origination/administration fee 6% due when the clients receives the money and the interest (usually 4-7%) can be deferred until repayment. Duration is usually 2-5 years. Minimum loan amount is $100K and no real maximum. Can use almost any stocks.
Is this something that real estate investors would be interest in using? Just trying to figure out if this is a viable avenue for marketing.
Thanks for any help.