FOUND A GREAT DEAL? Do You Need Realistic Funding Fast?

by Tim Herriage

FOUND A GREAT DEAL? Do You Need Realistic Funding Fast?

by Tim Herriage

by Tim Herriage

Seems there is a “rule to investor life.” A deal shows up but the money necessary to make the deal does not. Or if it does, it is costly? Another investor with cash or a more responsive lender scores the deal and you are back to the search. If this is your story there is now a solution.
A real estate entrepreneur reality is that access to the amount of money needed to buy houses, (renovate and build a real portfolio,) is often not easily available when the opportunity arises. Deal opportunities and funding availability never seem to be synchronized.
INVESTOR DRIVEN LENDING
You have heard lenders say this before “for investors by investors.” Sadly it’s a great marketing line until the borrower runs into the institutional underwriting committee.
Now there is an agile and unique lender that actually understands your business and cares about your results.  3L Finance is a member of investor services leader, The 2020 Real Estate Investment Companies.
3L is a team of real estate entrepreneurs that are building a lending business founded on basics. 3L Finance understands what investors and lenders need, mutual speed and independence from a single source of capital. 3L Finance can most likely fund your deal.
Their clients are investors who may need help every step of finding and being successfully funded with the appropriate loan package in time to make the deal. Prompt responses, returned phone calls and emails are essential to make any deal happen.  As obvious as this level of service seems, unresponsive vendors during the search for money can cost an investor a deal.
INVESTOR/LENDER INSIGHT & ADVANTAGE
Tim Herriage and Andy Williams are the founders of 3L Finance. “We are both former Marines,” says Herriage. “We got our start in private sector jobs by grinding it out on the streets of Texas finding and buying houses. We bought houses at the kitchen table. We bought the hard way. We used “hard money,” and tried to talk banks into giving us loans.  We formed relationships with private lenders but were always looking for new sources of capital.  The bigger obstacle to our success was not finding the deals, but finding the money. We spent more time looking for money than houses.  We both hated that part of the business.”
After buying hundreds of houses and years of personally chasing capital, Herriage and Williams were recruited to help Wall Street lenders understand and lend billions on dollars to other investors. “The lessons we learned on the inside of the lending process, we are now applying to give our clients’ a borrowing advantage,” says Williams at 3L Finance.
Why 3L? 
3L stands for Listen, Learn, and Locate and arose in a conversation between Herriage and Williams. “All these investors want is someone to listen to their story, learn about their business and help them locate the capital they need,” said Williams  “We concluded that chasing money got in the way of chasing houses. We knew how to fix that.”
That simple conversation launched the 3L Finance and an agile lending solution.  If you have deals and want 3L Finance to be on the lookout for better, cheaper, or faster money that fits within your plan talk to 3L.  They will find options for you based on what works for you. #l is standing by to help you complete that deal.

2 Comments

  1. We buy any type of type of real estate whether it be commercial or residential in any state or condition only within the USA. The commission is paid upfront which is on average 15% or more of the purchase price depending on the deal. We only purchase off market deals. We are looking to work with someone long term and to build a strong relationship. Please contact me for any deals that you’d like to present to me 613investor@gmail.com. Thank you

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