Realty411 Magazine Featuring Patty Arvielo - New American Funding | Page 60
Stonebridge Offers Entrepreneurs the Capital They Need, pg. 21
improve it. What affects someone
credit has more to do with utiliza-
tion, meaning debt to credit ratio.
Keeping your utilization below
50% is helpful in not hurting your
credit score; the lower the better.
Keep in mind your credit score
is not always indicative of having
“bad” credit, it may just be the
person’s utilization is high. When
you pay the debt down, the score
goes up.
People in the “real estate in-
vesting” business are notorious for
having fluctuating scores depend-
ing on where they are in their flip.
This does not necessarily mean
they have bad credit, but it does
hurt the amount of funding they
may receive. We always want to
see utilization paid down to below
50% before starting the funding
process.
Real estate investors notorious-
ly have high utilization rates on
their credit cards, depending on
what stage of their flip they are in,
and cannot qualify for traditional
lines of credit from banks. We
assist them with paying down
their over utilization to below 50%
of their credit card limit. This
helps the investor’s FICO score
improve, which will usually mean
they qualify for more funding.
This credit is working capital
that real estate investors, entre-
preneurs, and business owners
can use for just about anything
they need. That means acquiring
new properties, down payments,
paying down high-interest debt,
rehab work, marketing, filling the
gaps when tenants are late on
rent, etc.
Credit lines offer a huge ad-
vantage to real estate investors.
It gives you the ability to take
advantage of those deals that
are passing in front of you on that
“conveyor belt” I mentioned ear-
lier. In addition, you only pay on
the money you are actively using,
Realty411Guide.com
it helps you
qualify for
the mort-
gage or hard
money loan,
covers ex-
penses while
you are
involved in
your rehab,
and once you cash out on deals and
pay it down, the money is right there
to use again without the application
and appraisal hassles and expens-
es. Additionally, using an unsecured
line of credit means no liens on your
properties, and never diluting your
business ownership or giving up
control as with equity fundraising.
We are fortunate to have a network
of business professionals as affili-
ates of Stonebridge Capital.
These affiliates are located from
coast-to-coast and refer their net-
work of associates to us knowing we
will help them obtain more funding,
which gives them the opportunity to
be successful. Remember without
money to take advantage of oppor-
tunities life will pass you by.
Features of our system include:
• Funding in just 7 to 14 days
• Instant pre-approval
• No application fee
• 0% interest, up to 24 months
• Stated income
• New startups OK
• 650+ FICO score
• Free guidance on maintaining,
optimizing, and growing your
credit score
Don’t Prejudge Your Credit
If an extra $150,000 could help
your business (and you can bet it
can), don’t prejudge your credit.
There are no application fees,
and you can find out how much of
a line you can get within minutes
of going online. Review our web-
site and get pre-approved online:
http://.sbcapgroup.com or call
480.626.1772.
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