Filling in the Financing Gap in Today's Financial World

**Lenon** · 08-31-2010, 07:41 AM

Much has been said about the new rules and restrictions - and how we have this ridiculous situation whereby we need to unleash investors but at the same time we have handcuffed them with so many scary regulations that many are just sitting on the sidelines.

Those who do seek major financing, such as Bulk investments, find themselves up against property ownership limits and mountains of red tape.

Discuss here the alternatives that allow investors to meet their financial requirements without using conventional financing means.

**SamGelding1** · 09-04-2010, 11:20 PM

They are the only company I know of to offer management through one of three top, fully licensed and regulated NY investment banks (SIPC-insured) but with terms far better than what's available on a walk-in basis or through so-called "nonrecourse" lenders who ask you to give your shares' ownership over to them. Midtown Capital offers credit facilities enhanced (supported) by private capital accounts which help bring interest rates way down and LTV way up.

I like these guys because for their credit lines there was no transfer of title, name, or account to the lender whatsoever - the investment bank's brokerage arm simply put a lien on my shares and got me an 85% LTV against the current market value in one lump sum or as much as I wnated to drawn down. Typical account access is online and I am able to access my credit line by wire, phone, in person, or even through my VISA/debit card through the lender. They have a minimum portfolio value of $100,000.

Another think I liked a lot was that they didn't require any sort of credit scores or other ridiculous eligibility criteria to fund my credit line - only standard verification and as long as there aren't any tax liens, on the stocks (or bonds, or REITs or mutual funds etc) - they close quickly. Search for Midtown Capital Group on Google to check their website to confirm.

I came to check out Midtown because the four-property limit had put a damper on my real estate investment plans but there was no such limit with this financing. Also, I knew of two other people who also got interest-only credit lines at very competitive interest rates.

One of them is using the Midtown credit line to purchase bulk real estate properties and the other is tapping his line of credit repeatedly for "fix and flips", so I think this is a legitimate alternative financing option for this thread. I know there are different opinions on transfer of title loans but I think that when you transfer all of your ownership of your stocks to some private organization you don't even know, it's common sense that you are increasing your risk.

My view is that after the banking meltdown, financial reform, Wall Street mess, etc, the only way to get a stock-secured loan is through a top-tier bank or brokerage where the borrower keeps title to his shares and shares remain in his account. The only company I know of that has it right is Midtown Capital.

SG

**thenotefirm** · 10-05-2010, 12:37 PM

I would try The Note Firm, they deal with premium seller financing which means loans on not only land and rehabbers, but jumbo loans and commercial RE as well.

The seller financing arena has seen tremendous growth since the meltdown of conventional financing. Its picking up the buyers the conventional market left behind in the credit crunch, people who could have easily got a loan 2 years ago.

The best thing to do is work with a Note Professional who can assist in structuring the deal so it retains value on the secondary market. Majority of the seller financed loans out there are a total BUST on the secondary market because the underwriting is terrible and investors wouldn't take a second look at them.

If you're going to do it, do it right, get someone who knows the business. Notes structured by Note Pro's are 20-30% higher in value on the secondary market and close up to 70% faster and easier than conventional lending.

**TheAclaimeGroup** · 03-24-2011, 01:52 PM

For anybody who needs a lending resource for opportunistic real estate investments, The Aclaime Group can step in and provide the private capital source to pull it off.

Aclaime Credit Partners is a private real estate lender that issues short term loans to real estate investors looking to buy and sell single family homes.

They solve two problems we all run into:
1. Banks can't lend in a quick enough time frame; Aclaime can fund in 24 hours or less.
2. Band can't issue asset based loans; Aclaime can give a loan based on the real estate as its sole form of collateral.

For anyone in need of a bridge loan from a private source for any of your deals sitting on the table right now, you can contact us directly. My phone number is 801-702-0726, ask for Jeremy.

Thanks, and best of luck to us all!

Jeremy Finlay
The Aclaime Group