Atlanta REIA Business Spotlight on Atlanta Private Lending!
Posted on January 24, 2014 by
Says Bruce Silverman, “Atlanta Private Lending has been the premier Hard Money lender of choice for many of Atlanta’s top rehabbers“. Founded in 2007 by James Melton, a top Account Executive for Yale Mortgage, Atlanta Private Lending has always focused on customer service. As a direct lender, based right here in Atlanta for the past 7 years, APL has the speed, flexibility and knowledge of the marketplace that few can offer. With quick answers to customer loan questions, common sense underwriting and fast closings to meet funding needs, Atlanta Private Lending is known as a “Rehab” Lender but has many other products to offer such as construction loans, commercial “bridge” loans, no doc equity lending, asset based lending and cash out refinance.
APL has two new loan programs that were designed specifically for investors. For wholesalers they now have short term transactional funding. This is something that can be a key ingredient to the success of any wholesaler. Secondly, for experienced rehabbers they now offer an “Equity Sharing” program. This program is designed for the rehabber who may have all their available cash tied up in current projects but has just had a creampuff of a deal fall in their lap. APL will provide 100% of the costs to do the loan, up to 70% ARV and then they will split the profits, or “share equity”.
Your primary Atlanta REIA point of contact is Bruce Silverman, Another Yale alumnus, Silverman joined APL in December of 2011 as Sales Manager. Bruce has 25 years of experience in sub-prime and “Hard Money” and handles fund raising and marketing for the company by attending the various Real Estate meetings around the city. Atlanta Private Lending has recently opened another division which can handle deals anywhere in the country so don’t be afraid to submit your loans even if they are outside Georgia. Borrowers also have the convenience of submitting their loans online, with very quick response, often within the hour. If you’re looking to kick off your new year with a bang give Bruce a call at 770-842-2015. His email is bruce@atlantaprivatelending.com. Also, see APL on the web at www.rehabatl.com/bruce. You’ll be glad you did!
Find out today if your business qualifies and if you can benefit from associating with Atlanta’s most progressive real estate investors. Call or email me today to receive a free report, “20 Ways to Get Your Business Involved with Atlanta REIA”. Jeff Nix – 678-776-8861 – jeffnix@gmail.com
Jeff Nix is a founding member of Atlanta REIA and serves as Director of Business Membership. Jeff is also the owner/operator of Atlanta Carpet Services, Inc. whom has been serving the real estate community throughout Metro Atlanta for over 20 years. Jeff has also been serving in the Air Force Reserves since 1981 and is an active real estate investor with a self-managed portfolio of single family homes.
