Loan Originator
Steve Waller is a seasoned executive with 35 years of experience in commercial banking, financial services, and automotive retailing. He has led national and regional business development lending teams for some of the largest banks and financial institutions specializing in automotive dealerships.
A U.S. Marine Corps veteran, Steve also has a strong background in corporate development, overseeing M&A, real estate, and construction initiatives for two publicly traded dealership groups. Most recently, he served as Chief Operating Officer for a national, industry-leading used vehicle leasing company, where he successfully spearheaded its reorganization and relaunch.
You found the deal. You ran the numbers. The ARV holds up, the rehab scope is manageable, and the margin is there. Then you call your bank — and get a list of reasons why they can't help you.
This...
A conventional bank loan takes 30 to 60 days to close. Most fix-and-flip deals can't wait that long.
This isn't about banks being slow or poorly run. It's about a fundamental mismatch between what...
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