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Updated over 16 years ago on .

User Stats

34
Posts
1
Votes
Justin Pandelo
  • Real Estate Broker
  • 21 Counties In The Great State Of, NJ
1
Votes |
34
Posts

R.E. Commission Advance Companies Recommendations

Justin Pandelo
  • Real Estate Broker
  • 21 Counties In The Great State Of, NJ
Posted

Hey guys,

Timing chain on the Mercedes just went last week, and now the transfer case on my Durango just went leaving my wife and I without transportation. I was looking on Google for a decent commission advance company that would loan over $10k 30 days out. Everyone I have seen caps at $10k. Im looking for an $11k advance on a listing I have both sides of. Its an REO deal where my take is $13,995 net. Since Im closing in under 30 days and needing transportation now, I need to move immediately as I have around 18 active listings currently, not to mention a thriving BPO valuation business. Any pointers to a company that allows you to take the amounts Im looking for would be greatly appreciated. If you are seeking as a private investor, I can return your investment $1k richer for your kindness, and of course secure said transaction with a standard commission assignment agreement of course fully executed through my broker of record. I do these advances all the time, but I need more than usual to secure cars for my wife and I. Any recommendations would be welcome. PM me if you need more details. Im in NJ.