Credit Partner needed ASAP!

[Sherri D.]

Hello, hope you are well! I am looking for a credit partner for a line of credit I am looking to secure for my company. My credit has been increasing, but it is not quite at the level I need it to be to qualify for this line of credit. The lender requires 700 and I am 25-50 points off. My company buys, rehabs, rents and refinances multi-family buildings and fix and flips SFRs. I currently own 6 multi-family buildings, 3 of which are rehabbed and rented and 3 that are in rehab. And I have a SFR under contract to fix and flip.

I am seeking the LOC to assist with the rehab/refi of the 3 remaining multifamily buildings and purchase the SFR. As I said, I have 3 buildings already that produce gross rent. I am offering 1% of the awarded LOC amount to start plus 10% of the gross rents collected monthly from my buildings. This will, of course, increase as the remaining 3 properties are rehabbed and rented.

As stated above, the credit partner must have a credit of 700+, have a mortgage for 3+ years, have a credit card for 2+ years and no liens, delinquencies, bankruptcies or collections in the past 2 years.

If interested, I would love to explain more about my company and what the LOC would be used for. As my credit increases past 700 I will be able to transition the credit partner off. I expect this to take 2 years. I only need a credit partner for the LOC, all other financing matters I have lenders lined up. This is a business line of credit so it would not report on the credit partner's credit report.

Please email me at [email protected] or reply to this post if interested.

Thank you!

Sherri