• Loan Amounts up to $500,000
• Full and Lite Doc Options
• Credit down to 600 Fico (all 3 scores must be over 600)
• 2 year fixed rate
• 2 year prepayment penalty
• 30 year amortization
• Rates starting in the 9’s
• LTV’s as high as 70%
• Unlimited Cash out

      Properties must be in the name of a corporation or LLC.  

PREFERRED STATES/QUICK CLOSINGS

• Up to 60% LTV
• 6 to 36 months
• I/O
• 12 to 15%
• 4 to 6 points

CA, AZ, NV, CO, WA, OR, HI & TX. Can close in as little as 5 days. Primarily focused on the following types of properties….

-”Single Family Residents (1 to 4 units), Multi Family Buildings, Retail Centers, Office Buildings, Industrial Buildings, Self Storage Facilities, Mixed Use Properties, Skilled Nursing Facilities, Gas Stations, Car Washes, Hotels and Mobile Home Parks.

-Distressed Property Acquirer–Nationwide.

-Preferring REOs (bank owned); however, will look at non-performing notes on anything listed above.

 SMALL COMMERCIAL HARD MONEY (100K TO 4M)

Nationwide – INCLUDING MI, OH, LA, IL, KY

• Up to 60% LTV
• 6 to 36 months
• I/O
• 12 to 15%
• 6 to 9 points
• Close in less than 30 days
• NO SCORE

Seller 2nds & cross-collateralization OK

QUICK QUAL FORM

• Any business with commercial receivables may qualify (including those in Chapter 11 or with a negative net worth as long as their debtors are creditworthy)
• Line/Loans Size: 50K – 6mm
• LTV: Up to 90%
• Pricing: Usually between 1.25% – 2% charged monthly
• Revolving Credit lines (500k and above) – paid on employed funds accrued daily; pay on funds you use!
• Approval Process:  We can usually provide an initial funding of up to 90% of a business’s total outstanding A/R within 3 – 5 days of receiving a complete application.  Moving forward we fund daily as new invoices are generated (they just fax/ scan us a copy)

What can factoring do for you?

- Pay suppliers, 941 taxes, and employees promptly

- Serve larger customers and increase order size

- Eliminate credit-department costs

- Earn discounts from suppliers for making cash payments

- Have access to more funds than typically available from

bank financing

FACTORING APP

Contact James 330 832 5253  or james@jdbfinancialllc.com

- The ideal candidate would have 720 + MyFico:http://bit.ly/86RMd6 or above 

- Business entity that is registered with the Secretary of State (any state) 2 or more years ago (LLC, S-corp, C-corp, etc) in order to experience the advantages of our program

- Interest rates vary from 8.99% to 16.99%  (based on the lender’s underwriting criteria and your credit)

- Unsecured credit lines.  No collateral required. Stated application process.  No income verification.

- The lenders that I have handpicked ONLY report to the business credit bureaus (Dun & Bradstreet, Corporate Experian, and Equifax Commercial). This is advantageous to a business owner because even if the lines are maxed out, it will not affect the business owner’s personal credit.  The lender will only report defaults to the business owner’s personal credit.

- Most lenders offer an introductory 0% interest for 6 to 12 months on either balance transfers or purchases or both. 

- We charge 12%+1.5 of total credit approved.  If we don’t get you approved, there is no fee.  Our fee is a onetime fee.  You pay us once after your lines are approved and the lines are yours to pay back and reuse as many times as you like without any further fees to us.

- Initial investment is only about $45.00 for a credit report and credit monitoring service.

If you don’t meet these criteria, it doesn’t bar you from getting credit lines; it just means you may be extended a lower credit limit and or higher interest rate.

The entire process takes about 30 days total.  Most lenders make their credit decisions within 7-10 business days.  I have been successful in obtaining $100,000.00 in credit for our clients that meet the above criteria.  These results are not guaranteed for everyone.  Your results may vary based on your credit. Feel free to give me a call. Much Success to you!

 4 Steps to Start

1) Fill out the Pre Qual and (SAVE IT) and email it back to me, or fax the Pre Qualification Form to the number below once it is completed. This application will allow me to do a full and thorough evaluation for you to determine the best way for you to move forward.

2) You’ll need to set up a credit account with myFICO.com (these will be soft pulls and will not impact your FICO scores). The more people we are able to involve in the credit review, the more options you’ll have and the better the solutions we can provide so I suggest you complete the credit portion for you, your spouse, and any partners you have in the business. There is no obligation to anything but this allows me to give you a better review of your options and more solutions that will help you accomplish your goals.

3) Once on Myfico.com http://bit.ly/aEZdml on the lower left corner, expand site map, click

FICO Standard & purchase total should be about $40.00 for both purchases and be sure to purchase both scores and DO NOT purchase their other products such as Score Watch.

Use promo code “UNIONPLUS” for $7.00 discount. If that doesn’t work, type “myfico.com discount code” on google.com to find the latest promo code.

4) When complete please list user names and passwords on each site at the bottom of the attached Pre-Qual form. You can fax over to our fax number, scan or email this back to me when it’s complete. Thank you I look forward to our follow-up conversation so I can give you feedback and answer any of your questions.

Basic Qualifications for Personal Credit Funding the information outlined below represents real-time market realities in the financial and credit extension marketplace and provides an ideal target description for a “qualified” personal credit profile to receive optimum funding.

• If a credit profile falls outside of any of the specific descriptions listed below it will definitely have an impact on the potential “approved amount of funding”, or if the application will declined.
• We DO NOT process applications that are not qualified for funding. In addition, Prospective clients should take and use any Resources and necessary steps to enhance their credit file in order to meet minimum qualifications standard in order to be approved for personal funding.
• 720+ Credit Scores on all bureaus
• All “Revolving Balances” Should Be Below 60% Of The Credit Limit (Credit Utilization Rate or CUR). If anyone (1) revolving account balance is above 60% of the established credit limit it” may” have a negative impact on your funding approval. Any single revolving account balances with a CUR of 75% or higher may in fact generate a “decline” even if every other aspect of the credit file is in perfection condition. However, each individual credit file is different and the strength of the overall credit file will determine what impact having a higher CUR will have on obtaining …. No more than 4 Inquiries per Credit Bureau within the Last 90 Days!
• Minimum of 4 Open & Active “Primary” Trade lines On Credit File. Closed accounts do not h No More than 4 Inquiries per Credit Bureau within the Last 90 Days!
• Any Prior Bankruptcy, Foreclosure, Repossession, Judgment, Collection, etc. listed on the credit file places that file in a NOT
  QUALIFIED status.
• Any Past Late Payments Will Have An Effect On Getting Funding/Approval On Case By Case Basis. Excessive late payments will definitely create a NOT QUALIFIED” scenario. Credit profiles with late payments over 60 and 90 days typically DO NOT qualifies for funding.
• Physical residence address on loan application must match address listed on the credit bureau used for funding! If addresses do not match up this will automatically send the credit application into a security review status at which time all aspects of the file will have to be documented in order to get an approval.

In addition, the following specific terms apply to all “PERSONAL FUNDING

PROGRAMS”:

1. No up Front Fees for Our Services!
2. No Income Documentation or Verification required unless your file goes into a manual underwriting review process. 100% validation of personal identity.
3. All Personal Funding are Credit cards or cash cards.
4. Our backend fee is 15%= 1.5 of the approved funded amount/credit limit and is paid Inquiries WILL BE on the credit report since no lender will approve credit without checking credit.
5. Once we get a decline we STOP working on the file.

SFR NO SCORE PROGRAM that can fund in 15 days after full package. The terms are as followed

• Up to 75% LTV of the purchase price (60% for the no score- no ARV or rehab loans)
• 5 to 7 points
• 15% I/O
• up to 18 months
• Unseasoned refinances up to 65% of the purchase price + repairs
• Seasoned refinances 65% LTV of the BPO
• No upfront fees, borrower will have to pay for BPO

(SFR)1-4 UNIT PROGRAM*  

• Up to 500k (Only properties with FMV of $150k to $550k)
• Rates in the 9’s
• 65% LTV: Value is determined by income of property and debt service coverage.
• 2 year fixed on 25 yr AM with 5% prepay for fixed period
• National
• Blanket loan available
• Credit down to 600 Fico Score  

* Properties must be in the name of a corporation or LLC.  

According to recent Gallup survey, just 54% of Americans have stock market investments (the lowest percentage since 1999). It then points out that Americans view real estate as the best long-term investment – a very popular alternative investment for the small to medium size investor.

The research polling center reports that the percentage of Americans who now own individual stock or a stock mutual fund in a self-directed 401(k) or IRA has steadily declined from 65% in 2007 when the financial crisis first hobbled the U.S. economy. That drop in stock market investment matches well with Gallup’s finding that Americans now trust stocks much less than real estate as a long-term investment. This is despite currently swelling stock prices and the crumpled housing industry.

According to the Americans polled in the Gallup survey, the best long-term investments are:

• Real estate (33%)
• Savings accounts (24%)
• Stocks or mutual funds (24%)
• Bonds (12%)

Is It Time to Consider Diversifying your portfolio with Real Estate?

To speak with a finance specialist about purchasing real estate, call 678 383 8438 today.

We provide capital for JV investments in quick turn financial instruments, trading programs and commodity transactions with an exit buyer in place; 50M US min amount We use our own funds and have cash accounts at the major banks in Europe (DB, Credit Suisse, UBS, ABN Amro) and HSBC and a couple of private banks in Hong Kong. Since we have our own readily available funds we can move very quickly if necessary and have a long and successful track record.

We structure all of our transactions as JV Partnerships where we provide the capital and you (our partner) provide the transaction. We will guarantee our funds and validity and look for you to do the same with the transaction. We split profits 50/50.

We require that you place 3% of the amount requested (1.75% if $500MM US or greater) into escrow. You and your attorney will have control of the escrow and ample time to review all documents and complete your due diligence on us and our funds. Once and ONLY when you are completely satisfied with us as your financial partner are the funds released to us, simultaneously with the execution of our JV Agreement and commencement of the transaction. If you are not completely satisfied with us you simply pull your funds from escrow.

Upon first profitability of the transaction the escrow deposit is refunded to you and we split profits 50/50 and look ahead to another transaction together.

Our investor is very experienced in these matters with a long and very successful track record. His capability of providing capital far exceeds 500M if needed.

Guaranteed Funding for any transaction subject to an exit/takeout!

This is NOT a PPP, Trade or Monetizing financing program. Hard Money Financing

Buy-Sell — Real Estate, Financial Instruments, Commodities, etc.,

u Private Investment — Programs/Placement,

u Enhancements — Show/Proof or Credit/Block/Collateral,

u Escrow Deposits — Compensating/Transaction/Fees/Enhancements,

u Project/Business — Structured Bridge Funding,

u SWIFT Messages, Riskless Arbitrage….

• No appraisals, No credit, No Income, No JV
• Must have proven, verifiable exit plan
• No upfront fees
• No monthly payments (P&I due at end of loan)
• 12% annum
• 1 to 2 years w/ renewals
• 6 to 7 points
• Full Recourse
• 1M to 100M

For more details email me directly james@thathardmoneyguy.com or http://jdbfinancialllc.com/_documents/oneCapital.pdf

1st - You approve the Services. 

2nd – You pay Legal Costs-Fees.

Service closing costs-fees of $10±Thousand are paid to service closing Attorney to create documents and provide support to close the services, under instructions to refund costs-fees if Service Seller default.

3rd – You open Escrow and deposit Service Fee

A mutually approved escrow, to accept our mutual deposit and closing instructions

4th – Escrow delivers proof of Funds & Funding Commitment to you.

Banks perform clearing of the Funds and Funding Commitment.

5th – Your Transaction Bank deposits to Escrow their ‘Transaction-Undertaking’ confirming to exchange the exit/takeout instrument for the Funds.

Funds and Instruments are exchanged as agreed.

TO GET STARTED:

Email  the soft ‘proof’ of your ability to pay the below Service Fee per the Terms; and the answers to the below questions, then I will return a written ’Offer-Outline’ for your review.

1.  What is the amount of Funds requested?

2.  What is the Transaction?

3.  What is the creditworthy exit or takeout that repays the funds?

4.  What Fee ‘option’ are your prepared to provide proof of the cash Service Fee escrow deposit?

Option1 = You pay via Escrow, a 5% ($100-Thousand minimum) cash ‘Service Fee’ in exchange for the Funding Commitment and Funds Confirmation.

Option2 = You pay via Escrow, a 1% ($100-Thousand minimum) cash ‘Commitment Fee’ in exchange for Funding Commitment then upon receiving and clearing your Banks issued commitment/proof that the 5% Service Fee will be paid from your Transaction profits/proceeds, the Funds Confirmation is exchanged.

Option3 = For less then $1-Million transactions, please describe in below message, then I will phone for review.

Option4 = You pay via Escrow, a 1% ($100-Thousand minimum) cash Commitment Fee in exchange for Funding Commitment then Funds Confirmation is exchanged for an acceptable Asset which you have option to buy-back the Asset at a price that pays the 5+% Service Fee.

• Debt (70% LTV) & Equity (100%)
• Purchase & Lease backs

Type of projects we like: Design and Construction of High-Performance Buildings – Sustainable Design (“green buildings”). High performance and high technology buildings for healthcare, call centers, office buildings, information technology buildings and educational facilities

• Assistant living facilities
• Medical facilities
• Nursing Homes
• ANYTHING MEDICAL
• Low incoming commercial housing
• Educational housing
• office buildings
• Large Project Financing
• Green Projects (100% debt and/or equity)

We prefer:

•   Borrowers own the land/”skin in the game
•   Presale/Lease
•   NNN Leasing
•   PPA in place
•   Experienced borrowers
•   Production ready
•   Short term stabilization period

Investor to hold up to 51% equity position w/ buy outs

Guaranteed completion date on construction loans by lender

Closing in 45 to 120 days

Account    Jdbfin’s Blog

Private Money Investing

Private money investing is a type of financing in which a borrower receives funds, from a private investor, secured by real estate and or a personal guarantee from the borrower. This type of investing typically produces a regular, predictable income stream. A private money investor is the private source of funding for real estate investors. When an individual lends money to another individual on mutually agreeable terms, it is considered a Private Money loan.

CLICK FOR MORE INFO!

Many people equate private money investing with hard money loans. Hard money refers to a short term financed loan that is secured by real estate and often a personal guarantee from the borrower, adding another layer of protection for the investor/lender. Additionally, a private money investor is also known as a private money lender, a hard money lender or a hard money investor. They are essentially the same thing; private individuals lending their money directly to the borrower with interest rates, points and a promissory note secured by real estate.

Why would anyone consider becoming a Private Money Investor? Investing in loans secured by real estate offer a higher rate of return and lower risks. Private lending offers the investor more investment control. Anyone with money, stocks, IRA or just really good credit to invest, can become a Private Money Investor. Countless stock investors who grew tired of inconsistent returns and losses have become private money investors. Most of all you can invest in real estate without the hassles of being a landlord, dealing with contractors or tenants.

There are great advantages to being a Private Money Investor. There is no commission to invest your money. A private money investor can receive a relatively high yield from their investment; in most cases double digit returns. Despite the “bailouts”, banks are not making real estate investor loans. RE investors are desperate for funds. Private investors and hard Money Lenders have no competition and they are “cleaning up!” It’s time for you to seize the opportunity.

Flexibility is another advantage of being a Private Money Investor. As a PMI you have the option to invest in short or long term investments. Typically, a loan can mature as soon as 6 months or as long as 5 years. You enjoy the same benefits as the bank. The typical interest rate for a private money investment ranges from 6% – 18% depending upon the time frame, the purpose and other factors.

A common concern with any investment is that you may lose the money you invest. Smart investing includes risk management. Anyone offering a risk free investment is probably not being up front with you. Do your own due diligence.

It is the best interest of a private money investor to minimize risk and maximize return. Low loan-to-value ratio (LTV) increases the security of the loan. Furthermore, Private Money Investor loans are secured by real estate.

James Bullock of JDB Financial LLC is an investment advisor with over a decade of experience in real estate and residential / commercial financing.