Wesley's Blog

January 26 Update

Wesley Stumbo (True BluEquity Partners) — Mon, 26 Jan 2009 11:43:30 -0600

Welcome! We are excited and thrilled to have made 2008 a prosperous year for True BluEquity Partners and all our clients. 2009 looks to be even better! Our services range from direct private equity investing to financial intermediary services. We look forward to establishing long term relationships with all of our clients. We make it mandatory to visit all clients and proposed collateral. Go to www.truebluequity.com and submit your loan. Get me your bank owned properties ASAP! Lending INTERNATIONALLY!

New company

Wesley Stumbo (True BluEquity Partners) — Fri, 16 Jan 2009 09:55:45 -0600

We are establishing a separate company for the sole purpose of buying and owrking out distressed bank debt! Send me your deals today.

Hard Money

Wesley Stumbo (True BluEquity Partners) — Fri, 16 Jan 2009 09:53:45 -0600

Send me your hard money deals right away!! We are ready to fund!

20 cents on $$

Wesley Stumbo (True BluEquity Partners) — Wed, 17 Dec 2008 10:39:19 -0600

Does anyone know of any banks offering debt and/or properties at 20 cents on the dollar??

Looking towards 2009!!

Wesley Stumbo (True BluEquity Partners) — Thu, 11 Dec 2008 14:05:36 -0600

The hedge fund is still actively lending. Send me your MEZZ deals! $1M-$25M

We are looking to buy retail centers with upside in TX, FL, AZ and NC. Targeting properties with Hispanic oriented anchors.

High End Residential in South Florida and Chicago!!

Bank Debt!

JV in US, Caribbean and Costa Rica.

If its a great deal, think of us.

$20,000,000

Wesley Stumbo (True BluEquity Partners) — Thu, 11 Dec 2008 13:57:59 -0600

We need to place $20,000,000 by the new year! We are looking to buy distressed notes and/or properties. They need to be high end residential or income producing commercial. Chicago and Palm Beach area will get a lot of attention!!

JUPITER ISLAND

Wesley Stumbo (True BluEquity Partners) — Wed, 29 Oct 2008 14:29:10 -0500

My friend is selling his home on Jupiter Island Florida for 50% of recent appraisal!! $6.5M will buy the largest home on Jupiter! 5 acre lot! Its got everything!

Please contact me!

ACQUISITIONS

Wesley Stumbo (True BluEquity Partners) — Tue, 12 Aug 2008 11:46:12 -0500

I am looking for oceanfront properties in South Florida. High-end Luxury properties! Foreclosed or going into foreclosure!

Update

Wesley Stumbo (True BluEquity Partners) — Fri, 02 May 2008 12:10:57 -0500

Attention:

I have been informed from our private investment team that $180,000,000 is currently set aside for immediate placement. This is HARD MONEY lending.

I need

Loan Amount
Personal Financial Statement
Use of Funds
Current Appraisal
Desired Terms

Lending WorldWIDE!!

Don't forget about our great hedge fund source in Nassau!!

NC

Wesley Stumbo (True BluEquity Partners) — Mon, 10 Mar 2008 12:39:37 -0500

Great closing for our clients in North Carolina!!

Last week of January

Wesley Stumbo (True BluEquity Partners) — Tue, 29 Jan 2008 13:01:29 -0600

Well...as usual...things get delayed. It just part of the biz.

Big Month

Wesley Stumbo (True BluEquity Partners) — Thu, 17 Jan 2008 14:24:45 -0600

We're headed for a great month here at True BluEquity. 2 possibly 3 private equity deals are headed for closing. We have two strong deals headed to the hedge fund. One conventional multi-family closing set.

2008 is looking like a fantastic year!

Send your deals right away!!

If you have a no-brainer quickie that needs to get done, send it to me. It's best if its below $2M...but if it is truly a no-brainer we'll go to $25M.

Thanks

What will I lease?

Wesley Stumbo (True BluEquity Partners) — Fri, 11 Jan 2008 13:10:09 -0600

# Asphalt Equipment

# HVAC

# Shears

# Auto Dialers

# Injection Molding Equip.

# Shelving

# Cars

# Lathes

# Signs

# Car Wash Equipment

# Laundry Equipment

# Sound Systems

# Chippers

# Lawn Maintenance

# Surveying Equipment

# Church Fixtures

# Lighting

# Tank Trailers

# Computers

# Limousines

# Telephone Systems

# Construction Equipment

# Machine Tools

# Trailers

# Copiers

# Medical Equipment

# Trucks

# Dry-Cleaning Equipment

# Milling Equipment

# Truck Scales-Above Ground

# Fire Alarms Systems

# Packaging

# Vans

# Forklifts

# P.O.S. Systems

# Wire Strippers

# Frame Straitening Equip.

# Restaurant Equipment

# Woodworking Equipment

# Hotel Furniture Fixtures

# Salon Equipment

# Wreckers

# Honing Machines

# Saws

# ...And MUCH MORE!

Equipment Leasing

Wesley Stumbo (True BluEquity Partners) — Fri, 11 Jan 2008 13:06:14 -0600

I have now aligned myself with one of the foremost equipment leasing companies in the nation. All businesses, send your leasing requirements to me. Software, bulldozers, electronics, restaurant eqmnt, hospital and nursing homes, you name it!! Sometimes 100% including soft costs such installation and training.

EQUIPMENT LEASING NATIONWIDE!!

Submit your loan

Wesley Stumbo (True BluEquity Partners) — Thu, 10 Jan 2008 11:17:00 -0600

To get a deal going, I will need the following items:

1. A complete description of the property and/or an old appraisal.

2. A short written summary of the borrower’s background and experience.

3. Pictures of the property

4. A 1003 application –

5. Personal Financial Statement of borrower/guarantor

6. A property rent roll

7. Income & expense info on the property and financial information on the operating entity

8. Lease for any commercial tenants.

9. A credit report on the borrowers.

For a development or construction transaction, you will need to provide the following additional items:

1. Number of units, building square footage, land square footage, number of parking spaces.

2. Basic set of Plans including Site plan and floor plans.

3. Detailed line item budget of cost to acquire land, infrastructure improvements, cost to construct and all soft costs.

4. Detailed monthly budget of projected sales or lease up with affiliated costs.

5. Provide a proforma income and expense operating statement including the first stabilized year period.

6. Current zoning information.

7. Description of current status of property including any work started.

8. Any market information, previous appraisal or environmental report(s), etc.

9. Personal financial statements on all principals having a 20% or more ownership interest in the project.

10. Resumes outlining the background and experience of the principals.

11. List of prior projects completed and there scope.

12. Time frame needed to complete the project and sell the units and or homes.

A little more about TB

Wesley Stumbo (True BluEquity Partners) — Thu, 10 Jan 2008 11:14:32 -0600

Wesley Stumbo and private investors established our firm in 2007.

Ultimately, our goal is to create high quality relationships, appropriate to their settings while at the same time being extremely functional. We offer a wide range of lending services - from private equity and conventional finance.

Philosophy:

We strive to be the absolute best at what we do!

Personal attention to each job:

Each client receives one-on-one attention through the entire process. We strive to cultivate long-term relationships.

Client participation:

To ensure our clients' needs are satisfied we constantly invite our clients to participate and provide input during the whole process. After all it’s our job to make our clients' dream a reality.

Creativity:

Creativity is achieved through a combination of our architectural collective, as well as the input obtained through brainstorming sessions with the client.

Style:

The style of our lending products are as unique as our clients. With each new client a new dream becomes reality. Expect style and class that will not fade with the ages.

Professionalism:

We maintain a consistently high level of professional care and responsibility in each project. We guarantee all of our work to be of the highest quality, as we know our clients would expect nothing less. Your project is our project.

picture

Wesley Stumbo (True BluEquity Partners) — Thu, 10 Jan 2008 11:07:30 -0600

Can anyone guess the skyline in my picture?

2008 Finance

Wesley Stumbo (True BluEquity Partners) — Thu, 10 Jan 2008 10:34:49 -0600

Hey Folks,

We are looking for strong commercial finance opportunities in 2008. Send me your multi-family, strip center, residential development, and other commercial loans in need of a solid solution!!

Thanks,

Wes

Residential Development----

Wesley Stumbo (True BluEquity Partners) — Mon, 26 Nov 2007 08:37:01 -0600

We are clearly in a time where the residential development loan requests do not get a lot of attention. We are looking to fund a residential development request within the next 10 days. We are setting up a draw account and actually providing cash-out at closing.

Here is what separated the deal for us:

Area

Home Prices

LTV

We like to follow the 3 C's: Character, Collateral and Cash Flow.

Costa Rica Finance

Wesley Stumbo (True BluEquity Partners) — Sat, 24 Nov 2007 15:02:24 -0600

Our partners are actively seeking strong projects in Costa Rica. If your project meets certain guidelines, I will bring on JV partners, as well as capital market partners. We can arrange for residential mortgage finance similar to US guidelines!! Longer Amortization, Higher LTVS and Lower Rates!!

Submit your deal to me today!!

Meet the Hedge Fund

Wesley Stumbo (True BluEquity Partners) — Sat, 24 Nov 2007 14:56:43 -0600

Nassau Hedge Fund: The fund works great for mezzanine finance opportunities and projects that do not quite meet conventional guidelines. $1,000,000 to $5,000,000 1st, 2nd or membership interest lien positions Up to 5 yrs interest only Rates range from 10.75% to 18% Fixed or floating 3 pt lender fee (includes 1% to True Bluequity Partners) Primarily looking for income producing property, but will do development projects with blanket collateral. The hedge fund manager is also a good source of equity for viable projects in the Caribbean, US and Canada. Borrowers and project need to be strong. To get a deal going, I will need the following items: 1. A complete description of the property and/or an old appraisal. 2. A short written summary of the borrower’s background and experience. 3. Pictures of the property 4. A 1003 application – 5. Personal Financial Statement of borrower/guarantor 6. A property rent roll 7. Income & expense info on the property and financial information on the operating entity if the building has any owner occupants. 8. Lease for any commercial tenants. 9. A credit report on the borrowers. For a development or construction transaction, you will need to provide the following additional items: 1. Number of units, building square footage, land square footage, number of parking spaces. 2. Basic set of Plans including Site plan and floor plans. 3. Detailed line item budget of cost to acquire land, infrastructure improvements, cost to construct the buildings and all soft costs. 4. Detailed monthly budget of projected sales or lease up with affiliated costs. Provide any leases or pre-sale information. 5. If it will be a rental property, provide a proforma income and expense operating statement including the first stabilized year period. 6. Current zoning information. 7. Description of current status of property including any work started. 8. Any market information, previous appraisal or environmental report(s), any other notable studies, etcetera, as available. 9. Personal financial statements on all principals having a 20% or more ownership interest in the project. 10. Resumes outlining the background and experience of the principals. 11. List of prior projects completed and there scope. 12. Time frame needed to complete the project and sell the units and or homes. I look forward to taking your loan request to the closing table! Wes Stumbo 859-266-2500 ext 216 859-351-6881 cell ws@truebluequity.com

Bond Finance

Wesley Stumbo (True BluEquity Partners) — Fri, 16 Nov 2007 12:26:50 -0600

Bond Financing sure takes a long time, but the terms are worth it! We are close to funding a $15M startup project with a 30 yr FIXED rate!! Prime!!

If your project has clear benefits to the community, call me!! Let's see if we can get funded through bond financing!! Most property types considered.

Commercial FINANCE

Wesley Stumbo (True BluEquity Partners) — Fri, 16 Nov 2007 12:22:34 -0600

I am looking for MEZZANINE finance requests between $1M and $5M. We are looking for income producing properties. We are flexible when it comes to LTV and our terms are as long as 5 yrs, interest only.

I am also looking for strong projects in Costa Rica that require an equity partner!! $1M and up.

Our associate in California is looking for land and commercial development deals greater than $15M.