Lenders wanted

CA, Development, Refinance, $7M, FICO, 50% LTV
Posted on 2/5/2014 3:53:06 PM


My clients purchased this unfinished construction project, a master plan adult living, last year

all cash for $13 mil. Need

short term financing $7mil. There is a a letter of intent to purchase this project for 18.8 mil

REPLIES
  • by Atlantic Financial Services LLC on 2/23/2014 10:17:00 PM

    Loan size: From $1 million and up.

    Property types: All types considered – multifamily, condominiums, office, mixed-use, retail, warehouse, industrial, hospitality and land.

    Terms: 1 to 3 year loans with extension options.

    Interest rates: From 7%

    LTV: Up to 75%

    Fees: From 2%

    Uses of Proceeds: Acquisition, restructuring, discounted payoffs, purchase of notes, property improvements, construction.

    call 800-313-2410

  • by Debbie Taylor on 2/14/2014 11:39:08 AM

    I have several options available. Many are very quick Please contact me.

  • by Matt on 2/13/2014 11:14:50 AM

    Barring any unforeseen extraordinary circumstances I work with a couple of lenders I believe would be willing to fund. Please email a comprehensive executive summary and contact info.

  • by Alchemy Private Money on 2/13/2014 11:06:34 AM

    Hello,
    Email me your Summary / Scenario and contact information to alloyd@alchemypm.com or call me at 888-407-4133. Alchemy Private Money is a direct investor/lender. We pride our self on our fast, flexible, and creative financing solutions for borrowers looking for immediate approval on a secured or asset-based loan. Brokers are welcome.

    Austin Lloyd

    www.AlchemyPM.com

  • by Dean Sabourin on 2/7/2014 12:06:41 PM

    I represent a few Hard Money/Equity Lenders here in Canada that will paper in the US to +/- 65% provided the file makes sense and any and all ShareHolders Personally Guarantee the Note/Mortgage.

    If you want to move forward, please provide some initial due diligence.

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