Asset Based Lender Needed Quick!!!! - Posted by Lew

Posted by Lew on June 21, 1999 at 14:41:19:

Yes, I do mean Hard-Money!! Anyone know of any in the Nearby Detroit Michigan Area???

Asset Based Lender Needed Quick!!! - Posted by Lew

Posted by Lew on June 21, 1999 at 10:03:49:

Hello Everybody,

If anyone Knows of an asset based lender in the Detroit Michigan area, pleaseeeeeee!!! let me Know ASAP. I am trying to line up backup sources of financing in the event I am unable to get any cash takers for my re-hap flippers.Any assistance is greatly appreciated.

You Mean More HARDMONEY!!! - Posted by Charles

Posted by Charles on June 21, 1999 at 11:31:35:

Sounds more like you need more HARDMONEY lenders who will be willing to back your deals. An asset is owned buy an entity, therefore since you do not own it(yet) you do not have an asset to pledge as collteral for the “asset based loan”.
Hope you can find your hardmoney, cause I still need one that will lend based on value(LTV), not contract here in MD.

Good Luck
Charles