D Clark
  • New York, NY
  • United States
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Multifamily funding for a client in Brooklyn

Started this discussion. Last reply by WKL David Feb 3. 12 Replies

Good morning all. I realize most of you are still sleeping but here in New York it is already 8am. I recently showed a multifamily property to a past client of mine and this morning I woke up to an…Continue

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D Clark liked Richard Milford's discussion FINANCING FOR VACANT AND RESIDENTIAL AND COMMERCIAL PROPERTIES NATIONWIDE
May 23
D Clark liked Admin's discussion RULES FOR POSTING ON THE "REQUEST A LOAN" PAGE - YES WE NEED RULES NOW!
Apr 27
WKL David replied to D Clark's discussion Multifamily funding for a client in Brooklyn
"Hi There : Please send your related project Executive Summary and other related information to David Lee  Email: davidwklee@davidwkleeglobalfunding.com for our immediate…"
Feb 3
jim flynn replied to D Clark's discussion Multifamily funding for a client in Brooklyn
"Will need more info on HIM . If you wish our help let us know. "
Jan 30
Admin replied to D Clark's discussion Multifamily funding for a client in Brooklyn
"D Clark, I can say as the owner of this website that each person that has responded to your funding request is 100% legitimate. You have 2 good Brokers and a Correspondent Lender to choose from below. If you have not already found funding for this…"
Jan 25
Dr G replied to D Clark's discussion Multifamily funding for a client in Brooklyn
"As others on this thread have pointed out, the rate could be as low as 6%. However, our fully-licensed mortgage lenders perform their due diligence before issuing a formal terms document.  We are a relational firm so we like to know who we are…"
Jan 25
Chad Davis replied to D Clark's discussion Multifamily funding for a client in Brooklyn
"If the buyer is looking DSCR financing which is low doc maybe the 8% range or with a Fannie/Freddie program maybe the mid 6's. All depends on the documentation can provide and the time frame they have to close. Feel free to reach out to me at…"
Jan 25
Nick Hubbard replied to D Clark's discussion Multifamily funding for a client in Brooklyn
"Hey D Clark, Good evening! Why hasn't he went to his bank. We have a institutional bank partner since the borrower is banklable! New Floater Program 10 year term No rate cap required 1 to ½ a point bank fee NO PPP and 7.375% rate New…"
Jan 24
D Clark replied to D Clark's discussion Multifamily funding for a client in Brooklyn
"Gentlemen, Thank you for posting your ads but right now I need to give the possible buyer an idea of rate and loan term. We spoke this afternoon and he showed me his Experian which shows a score of 769. He would be purchasing as a business entity.…"
Jan 24
Nick Hubbard replied to D Clark's discussion Multifamily funding for a client in Brooklyn
Jan 24
Nick Hubbard replied to D Clark's discussion Multifamily funding for a client in Brooklyn
Jan 24
Dr G liked D Clark's discussion Multifamily funding for a client in Brooklyn
Jan 24
Dr G replied to D Clark's discussion Multifamily funding for a client in Brooklyn
"Good day, Mr. Clark!  We have fully-licensed real estate funders ready to review this project as well as provide 100% of the rehab budget if everything is as described within your note above. www.closeloantoday.com We Do Not Charge Any…"
Jan 24
Christopher Allen replied to D Clark's discussion Multifamily funding for a client in Brooklyn
"I am following this. I too am interested in funding for a small apartment complex. Looking forward to replies from lenders on Mr. Clark's request."
Jan 24
D Clark posted a discussion

Multifamily funding for a client in Brooklyn

Good morning all. I realize most of you are still sleeping but here in New York it is already 8am. I recently showed a multifamily property to a past client of mine and this morning I woke up to an email asking for finance options. He is not prequalified because I have sold him 2 homes in the past, both for seven figures so let's assume he is good to go. He is interested in making an offer on a 12 unit in Brooklyn with all 12 units occupied. Price of $3.15M. Average condition, could use maybe…See More
Jan 24
D Clark replied to Admin's discussion What is a DSCR Loan and how does it help Real Estate Investors?
"Googled this loan for more information. I now have your phone number so I will call you in the morning. I may have a client that could use this service but he keeps putting it off due to high rate quotes. He would likely take something in the 6.5 to…"
Jan 15

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Real Estate Agent in New York City.

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