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Private Money Lender Service
I have a large source of available funds available to finance your challenging loan request. If you have cash to put down, I can fund 50-75% of the transaction. Seller seconds allowed. Please note there are property types that I will do and I do not lend on. Below is a list of what can or can't be financed. Let me see your submissions today and I will get back to you right away with my interest level. Can Do: Commercial: NATIONWIDE Single Family or Multi-Family (5+ units), Groups of Condos or Residential properties owned by LLC or Corporations. Multi units, fractured condos, finish construction, acquisition and rehab combined funding. Will not do: Land, development deals, ground up construction ,theme parks, golf courses, marinas, casinos, hospitals, churches, ski resort, bio-diesel plants, parking garages, auto related, hospitality, care facilities, owner occupied homes. Land, Ground Up Construction, Development deals, Hotels/Motels, Hospitals, Resorts or anything that is not listed in my CAN DO LIST. TERMS: 3-24 months. Interest Only $100,000- $5 Million. Interest will depend upon the burrower and is determined case by case. The range is between 10-18%. Second Mortgages allowed. You need skin in the game..You will need at least 20% of your own funds if there is a seller second. 50-75% LTV Depends on State and the deal 80% Total Combined Financing 2-3 week close Full, ALT and Stated income types. Bad credit??? - No problem! Tax returns not showing enough income? No problem! The building has less than 90% occupancy? No problem! Closing date within 30 days? I can do it with a cooperative borrower. Contact me today with your deals requiring private, bridge financing.
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