Frequent Private Money Lending Scenarios

Frequent Private Money Lending Scenarios

Here Are Frequent Private Money Lending Scenarios That Dan Cassel Can Help You With

A. BORROWER
 
Borrower does not meet standard guidelines: They phone Dan!
 
*Resident Alien/Foreign borrower
*Vesting – LLC’s, Corporations, Partnerships, Trusts
*Income-self-employed, 
*Unverifiable income, 
*Banks statements ok vs tax returns
*Credit – no credit scores, low credit scores, previous BK 
*Seeks 1st or 2nd trust deed for 2-5 years, interest only
*Short term fix and flip and owns multiple properties
 
B. PROPERTY
Property and/or occupancy does not meet financing guidelines: They phone Dan!
*SFR, Multifamily,
*Mixed use, commercial, retail,
*Light industrial properties,
*Owner/nonowner occupied
*Cash out business/investment purpose
*Single purpose single tenant
*Non-conforming property use
C. Timing
 
Timing is the most common reason for private money financing guidelinesThey phone Dan!
  • 1031 exchange
  • Bidding war- all 30-day cash escrow
  • Other financing sources fall at last hour
  • Past due Balloon payments
  • Contract deadlines
  • Taking advantages of investment opportunity

To Learn more please phone Dan Cassel direct at (866) 310-1112

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Licensing

Loan Officer NMLS #347918 CA DRE # 01146347

Trinity Mortgage NMLS #281763 CA BRE 01855258

nmlsconsumeraccess.org

Equal Housing Lender

Contact Us

Dan Cassel - Trinity Mortgage
11622 El Camino Real
San Diego, CA 92130

Number:
(866) 310-1112

Hours:
MON-FRI 7AM - 4PM