I have a class C property in Mansfield, Ohio (100 Doors) and 61 doors in Willard, Ohio (Class B).  Both are 80 percent occupied due to mis-management and REO. They need minor cosmetic work. I am looking for an asset based type lending that will lend on these properties. Separate utilities minus the water bill. 

The asking price for the 100 units is 1.4 MIL and the asking price for the 61 unit property is 1.3MIL.

Who can lend on these in Ohio? I need highest LTV possible, No upfront scam fees and would like to roll as much third party costs into loan as possible. POF and license number please as well. I also have detailed info on the properties. Thanks.

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Hi Dale,

Please email me the details of your project/projects (s.beck@peabodychase.com).  I am sure that I am able to assist you with your funding request....  We bring funding to the table very quickly!!!  I look forward to working with you.

I have direct contact with over 400 lenders. Gas Stations and C-Stores, Commercial, Bridge Loans, Single Family, Multi-Family, Flippers, Hotels, etc....  We have funding for every need!!!

Thank you,

Sherry

I'm a Business Relationship Officer with IBS Investment Bank. Highest LTV we offer is 65%. If you're interested, shoot me an email to discuss further at copelon.kirklin@myinstitutionalbanking.com. Here's a link to some of our recently funded deals...

http://www.ibsinvestmentbank.com/press/

Our firm has private lenders who can fund Commercial Projects from $250k up to $500m+ for US deals ONLY. Assisted Living, Golf Courses, Hotel/Motel, Alternative Energy, Oil and Gas, DIP, Raw Land Lots, Commercial Land Development, 100% Joint Venture, Hard Money(30 to 45 days closing), Income Producing Property, Mixed Use Buildings, and much more! Contact Annette at 804 654 9843 or via email

giannette@aol.com. Look forward to doing business with you!!!

Jeffrey B. Freis Associates, Inc. is a private investment bank with an active real estate finance division.
 
 
Jeffrey B. Freis, President
Jeffrey B. Freis Associates, Inc.
Tel: 914 967-9235
Fax:914 798-6670

Dale,

Please see our info below and if interested contact me.  we are funding project in 40 states and several countries right now.

Investment banking group offering 100% funding either debt or equity or combination worldwide- $1M and above!  Funding based on strength of project not LTV or LTC.  We fund in the Energy, Technology, Mining, Real Estate and Business sectors. 30 year proven track record!  

 

It is our goal to offer you a quick, transparent and professional experience along with the most efficient service to fund your project.  We provide 100% of borrower’s capital request in the form of debt, equity or a combination and allow all documented expense paid by the borrower to be stacked on top of the funds requested.  We can offer a moratorium on payments until the project is stabilized and cash flowing if the timeline to stabilization is reasonable.  (Determined on a case-by-case basis)

 

To start we need a mutual NDA completed, executed and returned by all parties to the project.  Additionally, once we know the sector of the funding request i.e. Energy, Technology, Mining, Real Estate or Business we will provide a questionnaire that must be answered in detail and returned to access risk factors and determine our interest.   We are fully transparent and provide all the information for you to make an intelligent decision on doing business with us.  If the project has merit with strong principal, a very good plan, capital to support the project until funding we can get you through our in-house underwriting to funding.  We offer bank rate or better pricing not hard money.  Our rates are  based on the following indexes: Libor, Bond rate, 10-year Treasury or Prime depending on the project with terms of 3, 5, 7, 10 , 15 or 20 years.  Minimum loan amount is $1M US with no maximums on asset based lending. 

 

Required Documentation: (for submission)

The following documents will be necessary to successfully underwrite and fund your project:

  • Business Plan or Executive Summary with actual or proforma income statements 3 -5 years
  • Balance Sheet/Financial Statement/Cash Flow/P & L with YTD less than 90 days old (if applicable)
  • Copy of Appraisal or other valuation (if available)
  • Expanded Resumes of all principals
  • Line Item Detailed Use of Funds for short-term and long-term projections
  • Financial statement-Corporate/Personal

 

 You will need to show proof of funds invested to date in the project (if applicable), ability to pay for third party expenses including a site visit, a need and necessity study (mini feasibility) along with legal and due diligence.  This is not upfront but after you receive an expression of interest in writing from the lender along with lender contact and documentation for your due diligence. My job is to get you through our in-house underwriting and to funding!  We believe that relationship is critical if we are to be successful with our business venture and without a good relationship we will not be a good financial partner. 

 

(The following remark is not intended to offend but stated because of so many request from those who believe that all cost can be paid from closing proceeds):

 “If there are no funds available to cover project cost and principals expects the lender to pay the necessary cost to determine if the project is lendable, close and fund the project and get their expenses from the loan proceeds then no one I know of can help you.”   I have 27 years experience in this industry and have never seen that happen with lenders in the US, Western Europe or anywhere else.

 

Ron Coleman

NEPCO, INC - GLOBAL CONSORTIUM - FUNDING FOR PROJECTS AND ASSETS IN THE ENERGY, TECHNOLOGY, MINING, BUSINESS AND REAL ESTATE SECTORS

nepcoinc@att.net  770-572-7765        nepcoinc1 -Skype

 

 

 

 

 

 

Dale,

Our company, Fox Property Solutions is direct to multiple investors that would be interested to learn more about your project. Please email me...kahall413@gmail.com

Thanks,
Ken

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Contact us today, for your free analysis and explanation of what options exist for you.

Visit: www.financeneeds.com/7397

Or call Felix at (717) 264-8553

Email: charternotes2013@gmail.com

You can also reach

Courtney Lawrence:

Phone:  (949) 777-5509 | Fax:   (949) 309-2731

Email: courtney@businessfinancestore.com

Contact me

561-444-9460

proloans@comcast.net

Im a broker at Eastern Union funding, I would love to have a look at this deal or anything else you might be working on, and see what we can do for you. We work with over 50 lenders so depending on the deal and setup we will get the best out there.

We are currently getting rates from the low 3's to the high 4's.

I'd love to take a look at your deal and show you what we can do.

Rates are the moving target. I will not let you down, After I see the deal put together I will get feelers within a day. Trust me, I will get you the best the market has to offer.

Please send the setup of the properties to lpollack@easternuc.com and I will get back to you with the rates within the first 48 hours.

We are proud of our position as the country’s second largest privately owned commercial mortgage company on a transaction volume basis, and want to assure you that we have the knowledge, connections, and expertise to close your deal and get it done right. Over the past decade, we have developed deep-rooted, strong relationships with dozens of savings banks, government agencies and Wall Street lenders nationwide.

This broad network gives us the flexibility and resources to customize the best deal for our clients and is the reason we have developed a reputation for providing the most aggressive rates and the highest level of customer satisfaction in the industry. Our unique position and high volume has already brought us well within our goal of closing $3 billion this year.

Looking forward to working together with you!

Dale,
 
Good afternoon. My name is Felix and I am a Finance Specialist. We can help you.
Call my partner Courtney Lawrence and she will talk to you about the kinds of funds we provide. Also go to our website. For any questions please to hesitate to reach us.
Courtney Lawrence:
Phone:  (949) 777-5509 | Fax:   (949) 309-2731

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