I do hard money lending all over the country and need more funds to secure loans. I am currently out of funds as all my money is lent out and performing very well. But I would like to scale this business. Need Warehouse line of credit seeking $1M. This is secured debt by collateral assignment. (my attorney can craft your security instruments, he is a Georgetown law graduate and excellent in this space) I have a net worth of $1M, an incredible track record and 780+ Fico score. Your money will be securitized by collateral assignment of 1st deed position notes, lending no more than 75% of the property value. I don't want to say its a no brainer, buts its pretty close. I have great reserves, so even if the borrower (on the securitized collateral) does not make payments, you will still make your monthly payments, while I collect from the borrower. THIS IS SECURED DEBT, BY 1ST DEED POSITION, VIA COLLATERAL ASSIGNMENT!
My resume
THE OWNER AND FOUNDER HAS A 20 YEAR BACKGROUND IN LENDING, TAX AND REAL ESTATE. MICHAEL IS A LICENSED DESIGNATED/ASSOCIATE BROKER IN THE STATE OF AZ, HE SOLD OVER 1000 REO PROPERTIES WORKING FOR SOME OF THE LARGEST BANKS IN THE WORLD, COUNTRYWIDE, BANK OF AMERICA, CHASE, FANNIE MAE, HUD, AND VA. HE HAS SOLD OVER 3000 PROPERTIES, FORECLOSED ON 1000 PROPERTIES FOR THESE MAJOR BANKS, AND LOANED MILLIONS OF DOLLARS IN HARD MONEY LOANS ALL OVER THE COUNTRY. MICHAEL HAS ALSO STARTED AND SOLD A SCOTTSDALE BASED ACCOUNTING FIRM AND IS THE PROUD OWNER OF A NATIONWIDE 1031 EXCHANGE COMPANY THAT MANAGES 10’S OF MILLIONS OF DOLLARS IN ESCROW EACH YEAR. ADDITIONALLY, MICHAEL HAS SERVED AS A 3-TIME EXPERT WITNESS IN VARIOUS REAL ESTATE COURT CASES. MICHAEL IS THE TYPE OF BORROWER YOU WANT TO PARTNER WITH.
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