Real Talk with Real Estate Investors
Finding Ways to Get it Done
Sean Robbins, Managing Director at Equity West Capital Partners, shares his unique experience working with CoreVest and how the company was able to quickly assess his portfolio and fund the deal when most banks could not. “It was a great experience overall, a profitable portfolio, and a great performing loan for CoreVest,” Sean mentioned.
The Secret to My Wealth
Cuthberto Ramos, Principal at Capitalist Masters Group, describes his investment strategy and the different loan types he has with CoreVest to complete his cycle. With a finance background, Cuthberto states that CoreVest is his main banking relationship.
“I’m able to get my capital back and then I go do it again. It’s probably the secret to my wealth.”
Real Estate Investor Feedback
Together We Grow
CoreVest continues to grow with our borrowers and remain active participants in the industry
“CoreVest has helped us grow, in short, dramatically. Funding has been very tough to secure with the local banks, especially for larger portfolios. CoreVest has been a godsend in that regards, allowing us to capitalize on equity that has built up in inventory and reinvest that money into additional properties.”
“CoreVest helps us not worry about the financing piece and really just grow the business. Also, we’ve been able to go past our normal capacity thanks to the non-recourse product. We’re consistently able to close our loan within just a few weeks and there’s always the same very personal service.”
“We had very limiting traditional bank financing, 5-year maturity on a 15-year amortization. With CoreVest, we could amortize a lot further which has really changed our business. It’s improved our cash flow, increased our borrowing capacity, and freed up our equity.”
“CoreVest has definitely helped us scale. The people we deal with at CoreVest understand what it takes to grow on a massive scale, especially when you’re going into several markets. We’re in three markets now and going into two more markets by the end of the year.”
“CoreVest has helped our business grow tremendously because of the terms that they offer. It allows us to buy more houses using the same amount of capital. We can also execute quickly because they underwrite quickly, closing usually in a few weeks.”
“They were very willing to understand our business, drive efficiencies in the process, make the ease of doing business, and take out all the frictional costs. You can get a cheaper interest rate somewhere out there, but there’s always a cost to a business relationship.”