Sara S
  • Mickleton, NJ
  • United States
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Sara S commented on Direct Source LLC's group Nonperforming Notes Buyers and Sellers Group
"We have a couple of note buyers if anyone has portfolios for sale. Contact sara.s@ropertyloans.com  "
Jul 29
Sara S joined Direct Source LLC's group
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Nonperforming Notes Buyers and Sellers Group

Direct Source provides a place for investors tobuy, first position nonperforming notes without the paperwork hassle of NCNDand Fee agreements required by most note brokers.  Direct Source has a steady supply ofNationwide Bulk and Mini Bulk offerings. Although, we do not sell one offs, many pools are affordable enough for most investors.  See More
Jul 29
Sara S posted a blog post

Second position commercial real estate loans

We can facilitate 2nds on commercial properties : - up to 75%  - these are not cheap but beats paying off a 1st to grab some cash ( 15-16% ) - LENDER WILL NOT ORDER ANY 3rd party reports ( saves the borrowers’ cash )  - Fund typically as soon as the inter creditor agreement comes in  - $1MM and up. ( exceptions on a case by case basis) Construction loans from $1mm.   Bridge loans for acquisition & refinance from $1mm. Contact sara.s@ropertyloans.com…See More
Jul 29
Sara S replied to Admin's discussion Hard Money Real Estate Loans $100,000 to $5 Million
"We have several tried and true lenders that have actually closed loans for our clients. We ONLY work with lenders that actually close and more importantly actually have funds to lend. Loan sizes range from $1mm to $150mm generally, with exceptions…"
Jul 29
Sara S replied to Jay Harris's discussion NEED A LAND LOAN!!! QUICK!
"For land we can go up to 60%. Contact Sara and I'll go over it with you. sara.s@ropertyloans.com  "
Jul 29
Sara S replied to Tyson's discussion Funding for foreign national
"Hi Tyson: The foreign national part wouldn't be as heavy a factor as others. We would need a bit more information and I won't post that needs list here. Contact me at sara.s@ropertyloans.com with phone and email address and I'll…"
Jul 29
Sara S commented on Admin's page Commercial Funding
"Bridge loans $1mm - $40mm Commercial real estate bridge loans $1mm - $40mm NationwideInterest Only - 6-24 months with extensionsTo 75% LTV - 10-30 year amortization 7-12% typical rate - even with difficult scenariosNo pre payment penalty after min…"
Jul 29
Sara S commented on Admin's page Commercial Funding
"Acquisition, Re-fi, Bridge, Hard Money - U.S.A. From $20mm + MallsHotelOfficeMedicalIndustrialMultifamilyMixed UseNNN/STNLSelf StorageMost commercial real estateMezzanine and Equity, D/E combos over $100mm USA only, for qualified,…"
Jul 29
Sara S is now a member of Real Estate Finance
Jul 20

Profile Information

Company name and description
Roperty commercial real estate loans div of Lewis Commercial Services LLC

Sara S's Blog

Second position commercial real estate loans

Posted on July 29, 2019 at 5:05pm 0 Comments

We can facilitate 2nds on commercial properties :



- up to 75% 



- these are not cheap but beats paying off a 1st to grab some cash ( 15-16% )



- LENDER WILL NOT ORDER ANY 3rd party reports ( saves the borrowers’ cash ) 



- Fund typically as soon as the inter creditor agreement comes in 



- $1MM and up. ( exceptions on a case by case basis)…





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