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Posted At 10:56:39 06/13/2005 ***If you are seeking apartment financing. I have a myriad of lenders that will loan as high as 90%. The minimum to maximum LTV is 80% to 90%. We have conventional or hard money programs. If you can bring at least 10% to 20% of your own money into the deal, apartment financing can be knocked out all day long.
Loans can be closed in 7-10 days!
Special case funding in 48 to 72 hrs.
I also have lenders for all kinds of commercial real estate loan requests: Hard Money; raw land; development; apartments; hotels; Conventional.
***HARD MONEY COMMERCIAL FINANCING AVAILABLE... I have access to a true hard money lender that will close a deal in 7-10 days. The minimum to maximum LTV is 60% to 65% for income producing properties. BORROWERS MUST PROVIDE THE ADDITIONAL 35% TO 40% COLLATERAL IN THE FORM OF REAL ESTATE OR CASH.
The lender will make loans on raw land and/or unimproved deals at 50% to 55%. BORROWERS MUST PROVIDE THE ADDITIONAL 50% TO 45% COLLATERAL IN THE FORM OF REAL ESTATE OR CASH.
Minimum loan amount is $750K
NO MAXIMUM!
NO 100% FINANCING!
NATIONWIDE FUNDING!
COMMERCIAL IS MY SPECIALTY!
LTV will vary for each program.
***This is a great program if you have been burned in the past sending upfront due diligence costs to LENDERS.
NO FEES FOR DUE DILIGENCE AND/OR APPRAISALS WITH THIS PROGRAM!!
If your package is strong and makes sense.... the deal will be done!
Types of loans that can be serviced are:
APARTMENTS OFFICE BUILDINGS MIXED-USE STRIP CENTERS SINGLE PURPOSES ANY INCOME PRODUCING PROPERTY
NO LAND!!!
80% LTV ON PURCHASE 80% LTV RATE/TERM 75% LTV CASH-OUT
