SJREIA Financial Literacy Subgroup - 10am to Noon - Marlton, NJ
Speaker is providing pizza, wings and light beverage for lunch following the presentation!
SJREIA Members attend FREE -- Visitors pay $20
Understanding Asset-Based Lending
Presentation by Joe Scorese, Senior Relationship Manager at Bayport Funding
How Asset-Based Lending may unlock more financing with fewer restrictions for real estate investors.
Traditional business financing, in which lenders primarily assess a business’s cash flow, works well for many companies. But while cash-flow lending depends on the strength and stability of a company’s cash flow, some businesses may be eligible for additional borrowing based on the assets they own. For them, an alternative known as asset-based lending, is preferable.
We will dive into:
• Rentals Loans
• Fix & Flip Loans
• Portfolio Rental Loans - Blanket Loans
• Multi-Family Bridge Loans
• New Construction Loans
• Fix to Rent Loans
• Blanket Loan Programs
• 5+ Multi Family, Mixed Use
*. Short Term Rentals
• DSCR & Bank Statement Loans, Hard Money
Joseph will provide detailed knowledge and resources to help fund your next real estate investment, standing by your side and helping you achieve your goals.
BIO & CONTACT INFO - Joseph V Scorese - Senior Relationship Manager at Bayport Funding
215-290-5108 | NMLS:391784
Mortgage Banker for M&T – Financing mortgages 15 Years, member of SJREIA Since 2007, Leader of the monthly Burlington-Camden County Subgroup, Real Estate Investor since 2001 (Residential. Commercial, Multi-Family, Construction, Development), licensed Realtor since 1987
Activities/Educational Workshops
• SEO for Real Estate Industry Professionals
• Residential & Commercial Lending Fundamentals
• B2B & B2B2C Networking Techniques
• Public Speaking – Transforming your Real Estate Business
MEETING DETAILS:
Time: 10am to noon
Location: Surety Title Company, 11 Eves Drive, Suite 150, Marlton, NJ 08053
Cost: SJREIA Members attend FREE. Visitors pay $20
BONUS - Speaker is providing pizza, wings and light beverage for lunch following the presentation!
RSVP to let us know you're coming!
OUR MISSION STATEMENT - The purpose of SJREIA's Financial Literacy Subgroup is to empower members with financial education which can ultimately lead to prosperity and an ideal lifestyle. At every meeting we will attempt to impart as much information about financial literacy and financial freedom as we can.
Subgroup Leader - Ron Odom
Since 1996, Ron Odom has invested in real estate. A diversified businessman, Ron has hands-on expertise and is a recognized authority in the areas of remodeling, buying, selling, leasing and management of single-family homes. Six months after purchasing his first investment property in 1996, Ron joined SJREIA, known then as SJI. Throughout the years, Ron has served on the Board of Directors for two terms. In 2009, Ron authored the wildly successful ‘Killer Profits Wholesaling Real Estate’, an e-book that tells it like it is in a down to earth format. His book provides step-by-step instructions to successfully wholesaling real estate in an ever-changing real estate market.