Loans & Credit Available - Real Estate Finance2024-03-28T09:55:20Zhttps://realestatefinance.ning.com/forum/topics/loans-credit-available?feed=yes&xn_auth=noGood Evening,
I hope all is w…tag:realestatefinance.ning.com,2018-08-26:6517464:Comment:3283802018-08-26T04:33:07.282ZVictor Greshamhttps://realestatefinance.ning.com/profile/VictorGresham
<p>Good Evening,</p>
<p>I hope all is well.</p>
<p>I am looking for an $8,750,000 equity loan secured by 213 acres +/- acres valued $17,500,000.</p>
<p>Property / land has real estate attached.</p>
<p>I need to close in 7 -10 business days.</p>
<p>Property Attributes</p>
<p>The property address is 140 Aubrey Dr. Butler, PA..</p>
<p>The property includes a 18 Hole Golf Course (approx. 110 acres ), approx. 105 acres of vacant development land, Clubhouse, Tea House, and associated Maintenance…</p>
<p>Good Evening,</p>
<p>I hope all is well.</p>
<p>I am looking for an $8,750,000 equity loan secured by 213 acres +/- acres valued $17,500,000.</p>
<p>Property / land has real estate attached.</p>
<p>I need to close in 7 -10 business days.</p>
<p>Property Attributes</p>
<p>The property address is 140 Aubrey Dr. Butler, PA..</p>
<p>The property includes a 18 Hole Golf Course (approx. 110 acres ), approx. 105 acres of vacant development land, Clubhouse, Tea House, and associated Maintenance Buildings.</p>
<p>All of the land with the exception of 33 acres is zoned R-2 ( 8 units per acre).</p>
<p>A $1,000,000.00 + Clubhouse, 60 Golf Carts, and Tea House along with golf course maintenance equip.</p>
<p>The property and land is owned free and clear of any liens and held in a Family Trust.</p>
<p>Legal Description of Property</p>
<p>060-2f104-13E, 060-2F104-13F, 060-2F104-23DAA, 056-4-1, 056-4-2, 056-39B.</p>
<p>These parcels are located in Butler and Center Twp.`s of Butler County, Pennsylvania.</p>
<p>Requested Loan Terms</p>
<p>Non-Recourse Land Loan - Quick Close is the type of loan requested. (7-10 Days)</p>
<p>$17,500,000 Current Market Value.</p>
<p>$8,750,000 Requested Loan Amount (50% LTV).</p>
<p>1 Year Loan Term.</p>
<p>10% Annual Interest Only Payments.</p>
<p>(The entire one (1) year of interest only payments will be prepaid at closing so that there will be no interest only payments due during the one (1) year loan term.</p>
<p>One (1) Point paid for Loan Origination Fees.</p>
<p>If Land Finance Group LLC has an interest in approving our loan request to purchase this property and need more information, please email me with the request and I will secure the requested information.</p>
<p>Exit Strategy</p>
<p>Property will be refinanced after one (1) year to repay requested loan amount.</p>
<p>Conclusion</p>
<p>Property will be purchased for humanitarian purposes and to be developed for assisted living facilities.</p>
<p>Note: All property information provided by Seller.</p>
<p>I look forward to answering any questions you may have via email in order to receive a preliminary decision whether or not Land Finance Group LLC is interested in financing our purchase of the above property.</p>
<p>Best Regards.</p> Hello,
Need a hard money loan…tag:realestatefinance.ning.com,2018-08-19:6517464:Comment:3281182018-08-19T07:45:49.387ZVictor Greshamhttps://realestatefinance.ning.com/profile/VictorGresham
<p>Hello,</p>
<p>Need a hard money loan to purchase a property for humanitarian use.</p>
<p>Property address is 7919 Albin Ln Houston Texas 77071.</p>
<p>6 bedrooms 9 bathrooms 8,000+ sf, in ground pool and jacuzzi, 2 story property.</p>
<p>Purchase price is $350,000.</p>
<p>Rehab cost is $125,000.</p>
<p>Harris County Appraisal District has the property appraised at $706,000.</p>
<p>Zillow has the property appraised at $608,000.</p>
<p>Title work is already completed and closing documents have…</p>
<p>Hello,</p>
<p>Need a hard money loan to purchase a property for humanitarian use.</p>
<p>Property address is 7919 Albin Ln Houston Texas 77071.</p>
<p>6 bedrooms 9 bathrooms 8,000+ sf, in ground pool and jacuzzi, 2 story property.</p>
<p>Purchase price is $350,000.</p>
<p>Rehab cost is $125,000.</p>
<p>Harris County Appraisal District has the property appraised at $706,000.</p>
<p>Zillow has the property appraised at $608,000.</p>
<p>Title work is already completed and closing documents have already been signed.</p>
<p>Propertry to be refinanced after repairs are completed.</p>
<p>Original private lender backed out on the day of closing.</p>
<p>Need funding ASAP.</p>
<p>Victor Gresham</p>
<p>(832) 849-8266</p>
<p>greshamvictor01@gmail.com</p> How does verification of empl…tag:realestatefinance.ning.com,2013-09-01:6517464:Comment:1085692013-09-01T02:49:58.634Zmichael a rodriguezhttps://realestatefinance.ning.com/profile/michaelarodriguez
<p>How does verification of employment work if one is self employed ???</p>
<p>How does verification of employment work if one is self employed ???</p> Please send info and details…tag:realestatefinance.ning.com,2013-08-10:6517464:Comment:994312013-08-10T22:37:37.704ZRobert sandershttps://realestatefinance.ning.com/profile/Robertsanders
Please send info and details thanks
Please send info and details thanks Seeking Funding for Income Pr…tag:realestatefinance.ning.com,2013-08-09:6517464:Comment:993262013-08-09T21:18:21.971ZPaul meridithhttps://realestatefinance.ning.com/profile/Paulmeridith
Seeking Funding for Income Producing Residential Duplex in Brunswick, Georgia. Valued at $160,000, Asking Price is $140,000. I need between $75,000 and $100,000 to Purchase. The Seller is willing to carry a Second in the form of Owner Financing for the Balance. Property is being purchased as a Buy-and-Hold income producer, Grossing $21,000/yr Income. Would like Loan to be based on 30yr Amortization with Payments (or Interest Only Payments)for 3-5yrs. Looking to Re-Finance (or Sell) Property in…
Seeking Funding for Income Producing Residential Duplex in Brunswick, Georgia. Valued at $160,000, Asking Price is $140,000. I need between $75,000 and $100,000 to Purchase. The Seller is willing to carry a Second in the form of Owner Financing for the Balance. Property is being purchased as a Buy-and-Hold income producer, Grossing $21,000/yr Income. Would like Loan to be based on 30yr Amortization with Payments (or Interest Only Payments)for 3-5yrs. Looking to Re-Finance (or Sell) Property in 3-5 years.<br />
<br />
Please Advise<br />
Paul M.<br />
Pmmerid@juno.com High profile car wash - gas a…tag:realestatefinance.ning.com,2013-08-08:6517464:Comment:988572013-08-08T22:26:32.979ZKevin McFarlandhttps://realestatefinance.ning.com/profile/0z1aloumym5xf
<p>High profile car wash - gas and c-store in Bridgewater NJ. currently paying $350,000 annually servicing $4M in debt, in need of $3M-$4M, up to $1M can be subordinated, if this is any interest to you, property has appraised "AS IS" value of $4.050M prefer an investor with $1.6-$1.8M by lowering secured debt would be able to secure local bank loan of up to $3M. The $3M would be used to pay off all other debt secured and unsecured, lowering annual debt being serviced from $400,000 to $200,000…</p>
<p>High profile car wash - gas and c-store in Bridgewater NJ. currently paying $350,000 annually servicing $4M in debt, in need of $3M-$4M, up to $1M can be subordinated, if this is any interest to you, property has appraised "AS IS" value of $4.050M prefer an investor with $1.6-$1.8M by lowering secured debt would be able to secure local bank loan of up to $3M. The $3M would be used to pay off all other debt secured and unsecured, lowering annual debt being serviced from $400,000 to $200,000 ($3M @ 5%=$200,000) would also have funds necessary to build 4 bay pre-approved 4 bay Lube Center. Lube Center projected sales to $250-$300,000 net annually. With the multiple facets of this location gas sales would be 150,000 Gal/ mo, existing car wash sales $5,000 cars/mo and existing c-store traffic would aid in a much faster growth of Lube facility as compared to a single stand alone location.</p>
<p>Thank you </p>
<p>Kevin McFarland</p>
<p>555carwash@gmail.com</p> Dear Ann,
The loan amount var…tag:realestatefinance.ning.com,2013-08-01:6517464:Comment:940992013-08-01T06:22:34.992ZPat Dwighthttps://realestatefinance.ning.com/profile/HomeLinkFinancialServicesLLC
<p>Dear Ann,</p>
<p>The loan amount varies depending on the project you have at hand or the purpose for which you are lending. Kindly send us a mail to start the application process and get answers to not just your questions but your borrowing needs.</p>
<p>Sincerely,<br/>Pat.<br/>pdwight3013@gmail.com</p>
<p>Dear Ann,</p>
<p>The loan amount varies depending on the project you have at hand or the purpose for which you are lending. Kindly send us a mail to start the application process and get answers to not just your questions but your borrowing needs.</p>
<p>Sincerely,<br/>Pat.<br/>pdwight3013@gmail.com</p> what is the max amount you le…tag:realestatefinance.ning.com,2013-07-31:6517464:Comment:938982013-07-31T22:28:11.704ZAnn O'Rourkehttps://realestatefinance.ning.com/profile/AnnORourke
<p>what is the max amount you lend</p>
<p>what is the max amount you lend</p> please send me more info, Tha…tag:realestatefinance.ning.com,2013-07-31:6517464:Comment:938942013-07-31T21:47:48.302ZEdwin Gibsonhttps://realestatefinance.ning.com/profile/EdwinGibson
<p>please send me more info, Thanks Ed <a href="mailto:freedomamust@yahoo.com">freedomamust@yahoo.com</a></p>
<p>please send me more info, Thanks Ed <a href="mailto:freedomamust@yahoo.com">freedomamust@yahoo.com</a></p> Just proof of gainful employm…tag:realestatefinance.ning.com,2013-07-28:6517464:Comment:926542013-07-28T06:14:18.966ZPat Dwighthttps://realestatefinance.ning.com/profile/HomeLinkFinancialServicesLLC
<p>Just proof of gainful employment notwithstanding your date of hire. Our purpose is not limited to lending but helps you build credit</p>
<p>Just proof of gainful employment notwithstanding your date of hire. Our purpose is not limited to lending but helps you build credit</p>