5 Worst reasons given to us for needing a commercial RE loan

[Don Konipol]

In no particular order, here are the worst 5 reasons given to us for needing a commercial real estate hard money loan

5 - Bank foreclosing - was unable to make payments to due to gambling addiction

4 - Need cash out to pay off Mexican police to release son from prison

3 - Need cash out to buy Ferrari for 23 year old Russian girlfriend

2 - Bank foreclosing because charged with homicide of loan officer

And my all time favorite

1 - To get as much cash out of properties before filing for bankruptcy

You can't make this stuff up!