Richard Day
  • Columbia, SC
  • United States
Share

Richard Day's Discussions

100% LAND PURCHASE AND DEVELOPMENT LOANS (BASED ON FUTURE VALUES)

Started Sep 29 0 Replies

** 100% Loan-To-Costs Financing for Land Purchase and Improvement or Developments **Primary Requirement: Must intend to improve the land, sell lots or develop.Option #1. Land Acquisition and…Continue

100% LAND PURCHASE AND DEVELOPMENT LOANS (BASED ON FUTURE VALUES)

Started Sep 29 0 Replies

** 100% Loan-To-Costs Financing for Land Purchase and Improvement or Developments **Primary Requirement: Must intend to improve the land, sell lots or develop.Option #1. Land Acquisition and…Continue

100% Land Purchase, Improvement and/or Development Loans!!

Started this discussion. Last reply by Henk Wolter Mar 9. 1 Reply

Primary Requirement: Must have plans to improve the land, sell lots or develop.Option #1. Land Acquisition and Improvement100% Financing up to 80% of Future "Bulk Sale" Value Low Interest Rates…Continue

100% LAND LOANS (BASED ON IMPROVED VALUE, FUTURE SALES or DEVELOPED VALUE)

Started Feb 3 0 Replies

Our specialized PEI Investment Fund is pleased to offer 100%LTC Financing (up to 80% of future value) for the financing of your Land Purchases, Land Improvements and Development Projects.LAND…Continue

Gifts Received

Gift

Richard Day has not received any gifts yet

Give a Gift

 

Richard Day's Page

Latest Activity

Richard Day posted discussions
Sep 29
Henk Wolter replied to Richard Day's discussion 100% Land Purchase, Improvement and/or Development Loans!!
"We are willing and ready to fund projects from $1-$500million and also offering 1% referral fee for every deals completed through your referrals.So send us as many as projects you have available and let us fund them accordingly.We fund projects/give…"
Mar 9
Richard Day posted a discussion

100% Land Purchase, Improvement and/or Development Loans!!

Primary Requirement: Must have plans to improve the land, sell lots or develop.Option #1. Land Acquisition and Improvement100% Financing up to 80% of Future "Bulk Sale" Value Low Interest Rates starting at 2, 5 or 10 year U.S. Treasury fixed rate plus 1.50%30 Year Amortization  Permits and Entitlements Not Required to Proceed With Loan ApprovalCommercial Uses OnlyStandard carve-outs permittedNo pre-payment penaltiesPre-sales or LOIs preferred, but not requiredNo Payments during subdivision or…See More
Mar 9
Richard Day posted a discussion

100% LAND LOANS (BASED ON IMPROVED VALUE, FUTURE SALES or DEVELOPED VALUE)

Our specialized PEI Investment Fund is pleased to offer 100%LTC Financing (up to 80% of future value) for the financing of your Land Purchases, Land Improvements and Development Projects.LAND ACQUISITION & IMPROVEMENT or LAND ACQUISITION & PROJECT FINANCING - Up to 100% LTC (Loan To Costs) Up To 80% of Improved Land Value or Completed Project Value.For investor-borrowers with plans to purchase and improve and sell land or for develop projects, we offer the following two financing…See More
Feb 3
fred Hodgson liked Richard Day's discussion 100%LTV LAND LOANS (BASED ON IMPROVED VALUE, FUTURE SALES or DEVELOPED VALUE)
Jan 17
Richard Day replied to Richard Day's discussion 100%LTV LAND LOANS (BASED ON IMPROVED VALUE, FUTURE SALES or DEVELOPED VALUE)
"Hello. The purchase of land is a commercial transaction which qualifies for the land acquisition financing. The loans are based primarily on development as exit strategy or lot sales. It does not matter what is built on the land. What matters is…"
Jan 14
Tyson replied to Richard Day's discussion 100%LTV LAND LOANS (BASED ON IMPROVED VALUE, FUTURE SALES or DEVELOPED VALUE)
"Hi Are the both two options just for commercial use only? not residential? If I acquire lot and develop a couple residential houses, will it residential or commercial? does it qualify for the loan?"
Jan 9
Charles E. Maddix II liked Richard Day's discussion True 100% Project Financing Up To 80% of the "As Completed" Project Value
Jan 9
Richard Day posted a discussion

100%LTV LAND LOANS (BASED ON IMPROVED VALUE, FUTURE SALES or DEVELOPED VALUE)

Primary Requirement: Must have plans to improve the land, sell lots or develop.Option #1. Land Acquisition and Improvement100% Financing up to 80% of Future "Bulk Sale" Value Low Interest Rates starting at 2, 5 or 10 year U.S. Treasury fixed rate plus 1.50%30 Year Amortization  Permits and Entitlements Not Required to Proceed With Loan Approval5 Year Loan Term with No Prepayment PenaltyCommercial Uses OnlyStandard carve-outs permittedNo pre-payment penaltiesPre-sales or LOIs preferred, but not…See More
Jan 9
Puru Amin left a comment for Richard Day
"Though it seems attractive you should state % of interest rate, + points and upfront costs.  I have seen many private lenders asking thousands of dollars in upfront costs. You can contact me puruamin@gmail.com for further conversation."
Jan 7
Richard Day posted a discussion

True 100% Project Financing Up To 80% of the "As Completed" Project Value

We are pleased to offer true 100% Loan-To-Costs Project Financing (Land Costs Included)Our PEI Funds provide 100%LTC Financing for Acquisition and Development Projects up to 80% of the Estimated "As Completed" Project Value.Here are sample terms offered.100% LTC - ''Construction-To-Permanent''  Debt Financing - Long Term Financing* Development/Construction Rates are based on the LIBOR Index.* Permanent Rates are based on the U.S. Treasury Index.Loan Amounts:               USD$1,000,000.00 to No…See More
Jan 7
John Jennings replied to Richard Day's discussion FASTER THAN BRIDGE LOANS - DOWN PAYMENT MONEY, ESCROW DEPOSITS, POFs, etc.......
"Hello my name is John Jennings. I came across a post of yours on Real Estate Finance site. I am looking for down payment funds for an investment property. Is the minimum amount for down payment funds $100,000? Can it be used for commercial real…"
Oct 24, 2019
Richard Day posted a discussion

FASTER THAN BRIDGE LOANS - DOWN PAYMENT MONEY, ESCROW DEPOSITS, POFs, etc.......

If you have a large Escrow Requirement to meet in order to fulfill your lender's requirements to secure funding for your transaction or if you require "down payment" funds or proof of funds use our funds to as a show of funds and fill the gap to close your deal(s)!Use for ANY purpose.ESCROW DEPOSITS, DOWN PAYMENT FUNDS, PROOF OF FUNDS, RESERVES & GAP LOANS : UP TO 12 MONTHSSize: $100,000.00 ($500K) to $40 MillionFees: 10% Total fees either from proceeds of the resulting closed transaction…See More
Aug 22, 2019
Richard Day posted a discussion

COMMERCIAL LINES OF CREDIT FOR EXPERIENCED INVESTORS AND DEVELOPERS - NOT CREDIT BASED

Greetings,Our Private Investment Funds still have several Billion to lend and escrow this quarter.Here are the proposed Line of Credit terms.Line of Credit Financing - Up to 30 Year LOC Term Loan Amounts:          USD$10,000,000.00 to $300MillionInterest Rate:             6.00% APR (Starting)Index:                         Based on WSJ Prime plus 0.50%Draw Term:               10 YearsRepayment Term:     20 YearsTotal LOC Term:      30 YearsRevolving LOC:        AvailablePersonal Recourse:   Not…See More
Aug 8, 2019
Richard Day posted discussions
Aug 7, 2019
Richard Day posted a discussion

FAST LAND ACQUISITION, IMPROVEMENT AND DEVELOPMENT FINANCING!!

Our specialized PEI Investment Fund is pleased to offer ''up to 100%LTC (100% Loan-To-Costs) Financing'' for the financing of your Land Purchases, Land Improvements and Developments Projects.               LAND ACQUISITION & PROJECT FINANCING - Up to 100% LTC (Loan To Costs)For investor-borrowers with plans to Purchase, Improve and/or Develop and sell land, we offer the following two financing options. The primary requirement is that improvement or development of the land is intended to be…See More
Aug 5, 2019

Profile Information

Company name and description
Legacy Ventures Group
Commercial Real Estate Development and Acquisition Finance

Comment Wall (1 comment)

You need to be a member of Real Estate Finance to add comments!

Join Real Estate Finance

At 4:15pm on January 7, 2020, Puru Amin said…

Though it seems attractive you should state % of interest rate, + points and upfront costs. 

I have seen many private lenders asking thousands of dollars in upfront costs.

You can contact me puruamin@gmail.com for further conversation.

 
 
 

© 2020   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service