Chuck Zimmer
  • Green Village, NJ
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funding in place, need to show equity

Started this discussion. Last reply by Mark Luke Sep 20, 2013. 11 Replies

We have a 18 unit rental project in Morristown NJ.  We have a bank interested in a construction to permanent loan, but would like us to have cash in the bank as collateral.  We do not need to spend…Continue

Tags: Construction, loan, County, Morris, NJ

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Second generation developer looking to grow business.

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18 Apartments in Morristown NJ

Posted on February 11, 2014 at 8:50am 2 Comments

Funds invested.  Bank loan in place.  Short $300k in cash/equivalent to support construction loan of $3M.   No money to be spent.  Can also add to LLC and transfer $0, but need to be a co-signer.

All ideas are appreciated!  Thanks for reading.

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At 7:03pm on February 13, 2013, German Chavez said…

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