Here are Frequent Private Money Lending Scenarios that Dan Cassel can help you with

By | May 13, 2022 |

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 1^st or 2^nd 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 guidelines: They 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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