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All Forum Posts by: Account Closed

Account Closed has started 8 posts and replied 70 times.

Post: WHEN HARD MONEY GOES WRONG

Account ClosedPosted
  • Lender
  • New York, NY
  • Posts 133
  • Votes 14

@Brandon L I was pitched by a sales guy at a convention...he said: "His company does hard money and will provide us with a "check" at closing...so I gave him a shot.

Post: WHEN HARD MONEY GOES WRONG

Account ClosedPosted
  • Lender
  • New York, NY
  • Posts 133
  • Votes 14

I'VE USED HARD MONEY FOR OVER 7 YEARS, NEVER HAVE I DEALT WITH A COMPANY SO CONFUSING/WRONG/ARROGANT/DIFFICULT AND IMPOSSIBLE TO WORK WITH. 

HERE'S THE FACTS...

BORROWER: 7 YR FLIPPER, 30 + FLIPS, DECENT CREDIT

THE DEAL: PURCHASE; $150K, REHAB $75,000 ARV: 350K

MY CLOSING COST: $52,000 (INSANE)

NOW ITS TIME TO DRAW THE FUNDS: HML WON'T ALLOW A REALLOCATED FUND SCHEDULE, WILL NOT MOVE MONEY AROUND TO FIT THE FLIP, STATED THAT THEY ADVANCED ME $33,000 AT CLOSING (MY LAWYER CAN NOT FIND THESE FUNDS ON THE HUD, AND LASTLY WILL NOT ACCEPT PAID INVOICES FROM LIC CONTRACTOR FOR WORK COMPLETED.

THIS LENDER TOOK OVER 2 MONTHS CLOSE, LIED ON THE HUD, LIES ON EMAILS, TRIES TO CONFUSE YOU WITH THE WORD "CREDIT" (NO CREDIT WILL BE GIVEN). THEY WILL FORCE YOU TO MAKE ALL 12 PAYMENTS UPFRONT WITHOUT EXPLANATION ...ETC ETC.


HARD MONEY LENDER: TEMPLE VIEW CAPITAL, LLC OUT OF MARYLAND! 0 OUT OF 10 FROM ME! NEVER AGAIN AND BE WARNED

Post: $$$ Price Reduced!!! GREAT FIX FLIP/BUY HOLD OPPORTUNITY $$$

Account ClosedPosted
  • Lender
  • New York, NY
  • Posts 133
  • Votes 14

PM Me Asap! I need your assistance. Thanks.

Post: $$$ Price Reduced!!! GREAT FIX FLIP/BUY HOLD OPPORTUNITY $$$

Account ClosedPosted
  • Lender
  • New York, NY
  • Posts 133
  • Votes 14

Interested. Asap. 

Post: Looking for commercial broker in North New Jersey

Account ClosedPosted
  • Lender
  • New York, NY
  • Posts 133
  • Votes 14

When you find a deal...I'll fund it. Bergen County is a good area! PM Details when available..

Post: *****PRIVATE MONEY LENDER SEEKING BROKERS*****

Account ClosedPosted
  • Lender
  • New York, NY
  • Posts 133
  • Votes 14

Im interested. 

Post: Pay for CO to make $40k?

Account ClosedPosted
  • Lender
  • New York, NY
  • Posts 133
  • Votes 14

You or him can first list the property with a Realtor ( I can list it for you) once you get a buyer under contract, you can then either place a contingency on the deal with the new buyer...or use Transactional Funding. 

If your going to wholesale it, get the property under contract with the seller!! Then use transactional funding + double close in order to receive the profit you want to make. 

Post: Who Can Close Fast? - New York Attorneys

Account ClosedPosted
  • Lender
  • New York, NY
  • Posts 133
  • Votes 14

Looking for a GREAT New York City/State Attorney Who Can Send Out Contracts Quickly and Willing To Take On Several Closings In The Future!...Who Are You Using BP?

Post: Single Family Fix & Flip Financing [Nationwide]

Account ClosedPosted
  • Lender
  • New York, NY
  • Posts 133
  • Votes 14

SENT YOU A DEAL.  THANKS

Post: Single Family Fix & Flip Financing [Nationwide]

Account ClosedPosted
  • Lender
  • New York, NY
  • Posts 133
  • Votes 14

Im going to email you 2 deals..