All Discussions Tagged 'multi' - Real Estate Finance2024-03-28T08:55:05Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=multi&feed=yes&xn_auth=noFinancing Needed for a purchase of an old Medical Building for $750,000 then convert into MF-26 unitstag:realestatefinance.ning.com,2022-10-04:6517464:Topic:4767892022-10-04T15:58:10.793ZZane Graserhttps://realestatefinance.ning.com/profile/ZaneGraser
<p>Hi,</p>
<p>I am a mortgage broker and I have a borrower wanting to get a Commercial loan to buy an old medical building in FL for $750,000. It's currently under contract and due to time constraints, he just wants to buy the property then he plans on getting a construction loan to tear down the old building and build new MF buildings for 26 units. Borrower has some experience in construction and rental properties. Can anyone assist with this for the acquisition of the property?</p>
<p>You…</p>
<p>Hi,</p>
<p>I am a mortgage broker and I have a borrower wanting to get a Commercial loan to buy an old medical building in FL for $750,000. It's currently under contract and due to time constraints, he just wants to buy the property then he plans on getting a construction loan to tear down the old building and build new MF buildings for 26 units. Borrower has some experience in construction and rental properties. Can anyone assist with this for the acquisition of the property?</p>
<p>You can reach me at z.graser@obsidianmortgage.com</p>
<p>(208) 231-1944</p> looking for an ARV loan in Penselvaniatag:realestatefinance.ning.com,2018-08-02:6517464:Topic:3269502018-08-02T03:59:38.083ZAnton Glotserhttps://realestatefinance.ning.com/profile/AntonGlotser
<p>I recently acquired a house at a foreclosure. the house is located in Norristown PA 19401. The house needs around $40,000 in repairs and there are about $20,000 worth of unpaid taxes on it.A newly rehabbed home in this neighborhood can easily sell for over $120,000 , however I'm in the process to get approved to put up a newly constructed modular 3-4 family home on the lot. the modular company I will be using hasn't quoted me a price yet, but they build 1000 sqf for about $30,000 all…</p>
<p>I recently acquired a house at a foreclosure. the house is located in Norristown PA 19401. The house needs around $40,000 in repairs and there are about $20,000 worth of unpaid taxes on it.A newly rehabbed home in this neighborhood can easily sell for over $120,000 , however I'm in the process to get approved to put up a newly constructed modular 3-4 family home on the lot. the modular company I will be using hasn't quoted me a price yet, but they build 1000 sqf for about $30,000 all included, so im guessing my price wont be much higher especially since im stacking the apartments. This would be a more costly scenario then a rehab, I'm guessing still under $100,000 all in, but a 3 to 4 apartments new construction home would easily sell for over $200,000 , or it can be subdivided and each apartment sold for $75,000 + , or each apartment can be rented for $1,200 - $1,500 per month yielding about a 40% rate of return.</p>
<p>I'm looking for an ARV loan of $60,000 - $70,000 to cover all my expenses. lender can hold the deed until the home is sold or rented. If I get approved for a new construction, I am able to get bridge financing or put up my own cash to cover the difference.</p>
<p>I have over 12 years experience in real estate and have done over 50 rehabs in several states. I have good credit and the house is owned under an llc.</p>
<p>please contact me via email:</p>
<p>kai15j@yahoo.com</p>
<p></p> Savvy investors are going for longer term fixed ratestag:realestatefinance.ning.com,2017-08-17:6517464:Topic:3057802017-08-17T11:39:07.386ZWalt Trockhttps://realestatefinance.ning.com/profile/WaltTrock
<p><span>For example McMann Commercial Lending is offer 4.25% Fixed for 10 years with a 30 year amortization on the purchase or refinance of Multi Family properties with loan amounts starting at $700,000. Property has to qualify for the "Go Green" program. It's not as difficult to qualify as you may think start here </span><a href="http://www.b2blandingpage.com/mcmann2" rel="nofollow" target="_blank">http://www.b2blandingpage.com/mcmann2</a><span> and we will guide you every step of the…</span></p>
<p><span>For example McMann Commercial Lending is offer 4.25% Fixed for 10 years with a 30 year amortization on the purchase or refinance of Multi Family properties with loan amounts starting at $700,000. Property has to qualify for the "Go Green" program. It's not as difficult to qualify as you may think start here </span><a rel="nofollow" href="http://www.b2blandingpage.com/mcmann2" target="_blank">http://www.b2blandingpage.com/mcmann2</a><span> and we will guide you every step of the way.</span></p> NATION WIDE MULTIFAMILY FINANCING - COMMERCIAL LOANS - CONSTRUCTION LOANStag:realestatefinance.ning.com,2016-11-01:6517464:Topic:2854762016-11-01T20:15:16.329ZJohn Broussardhttps://realestatefinance.ning.com/profile/JohnBroussard
<div class="text_exposed_root text_exposed" id="id_5818f436bd3035134921716"><p>NATION WIDE MULTIFAMILY FINANCING - COMMERCIAL LOANS - CONSTRUCTION LOANS</p>
<p>Major MSA's up to 80%</p>
<p>Stated & Full Documents Loans</p>
<span class="text_exposed_hide">...</span><br />
<div class="text_exposed_show"><p>Foreign Nationals OK<br></br> 2nd & 3 Tier Marketes 70 to 75% - Competitive Rates</p>
<p>OTHER PROGRAMS</p>
<p>#1. Ground up construction. Max LTC 80% (All commercial property types including…</p>
</div>
</div>
<div class="text_exposed_root text_exposed" id="id_5818f436bd3035134921716"><p>NATION WIDE MULTIFAMILY FINANCING - COMMERCIAL LOANS - CONSTRUCTION LOANS</p>
<p>Major MSA's up to 80%</p>
<p>Stated & Full Documents Loans</p>
<span class="text_exposed_hide">...</span><br />
<div class="text_exposed_show"><p>Foreign Nationals OK<br/> 2nd & 3 Tier Marketes 70 to 75% - Competitive Rates</p>
<p>OTHER PROGRAMS</p>
<p>#1. Ground up construction. Max LTC 80% (All commercial property types including Hospitality, ALF & Memory Care) Minimum loan $10M</p>
<p>#2. High leverage bridge loans on existing commercial properties. Max LTV 90%. Minimum loan $10M.</p>
<p>#3. Fix & Flip Nationwide up to 80% ARV</p>
<p>#4. Jumbo Investment Property Financing</p>
<p>#5. 2nd Mortages on Income Producing Properties, Min Loan $ 2M</p>
<p>#6 Small Balance Commercial Loans</p>
<p>#7 Commercial Loans $1,000,000 to $100,000,000</p>
<p>#8 Land Loans $200,000 to $30,000,000</p>
<p>#9 Bulk Portfolio / Blanket Loans</p>
<p>#10 Single Family Homes Credit Lines Starting at 1MM up to 40MM</p>
<p>Construction Loans</p>
<p>Multi Family - Retail - Mixed Use - Industrial - Office - Spec SFR</p>
<p>Term: Up to 36 Months</p>
<p>Up to 75% LTV</p>
<p>No Pre Pay</p>
<p>Foreign Nationals OK</p>
<p>No Tax Returns</p>
<p>Loan Amounts: 1MM to 30MM</p>
<p>States Available:<br/> TX - CA - WA - NV - CO - UT - NM - AZ</p>
<p>John Broussard</p>
<p>Newbridge Investments, LLC</p>
<p>713-777-9996 Ext 103 Ask for John Broussard</p>
<p>john@newbridgehomeloans.com</p>
</div>
</div> NATION WIDE MULTIFAMILY FINANCINGtag:realestatefinance.ning.com,2016-10-20:6517464:Topic:2844812016-10-20T14:35:21.503ZJohn Broussardhttps://realestatefinance.ning.com/profile/JohnBroussard
<div class="text_exposed_root text_exposed" id="id_5808d38e2b1500a95077127"><p>NATION WIDE MULTIFAMILY FINANCING</p>
<p>Major MSA's up to 80%<br></br> 2nd & 3 Tier Marketes 70 to 75%</p>
<span class="text_exposed_hide">...</span><br />
<div class="text_exposed_show"><p>OTHER PROGRAMS</p>
<p>#1. Ground up construction. Max LTC 80% (All commercial property types including Hospitality, ALF & Memory Care) Minimum loan $10M</p>
<p>#2. High leverage bridge loans on existing commercial properties. Max…</p>
</div>
</div>
<div class="text_exposed_root text_exposed" id="id_5808d38e2b1500a95077127"><p>NATION WIDE MULTIFAMILY FINANCING</p>
<p>Major MSA's up to 80%<br/> 2nd & 3 Tier Marketes 70 to 75%</p>
<span class="text_exposed_hide">...</span><br />
<div class="text_exposed_show"><p>OTHER PROGRAMS</p>
<p>#1. Ground up construction. Max LTC 80% (All commercial property types including Hospitality, ALF & Memory Care) Minimum loan $10M</p>
<p>#2. High leverage bridge loans on existing commercial properties. Max LTV 90%. Minimum loan $10M.</p>
<p>#3. Fix & Flip Nationwide up to 80% ARV</p>
<p>#4. Jumbo Investment Property Financing</p>
<p>#5. 2nd Mortages on Income Producing Properties, Min Loan $ 2M</p>
<p>#6 Small Balance Commercial Loans</p>
<p>#7 Commercial Loans $1,000,000 to $100,000,000</p>
<p>Construction Loans</p>
<p>Multi Family - Retail - Mixed Use - Industrial - Office - Spec SFR</p>
<p>Term: Up to 36 Months</p>
<p>Up to 75% LTV</p>
<p>No Pre Pay</p>
<p>Foreign Nationals OK</p>
<p>No Tax Returns</p>
<p>Loan Amounts: 1MM to 30MM</p>
<p>States Available:<br/> TX - CA - WA - NV - CO - UT - NM - AZ</p>
<p>John Broussard</p>
<p>Newbridge Investments, LLC</p>
<p>713-777-9996 Ext 103 Ask for John Broussard</p>
<p>john@newbridgehomeloans.com</p>
</div>
</div> "Simple" Commercial Real Estate Fundingtag:realestatefinance.ning.com,2016-03-25:6517464:Topic:2600982016-03-25T13:08:55.269ZKevin Palmerhttps://realestatefinance.ning.com/profile/KevinPalmer
<p align="left" style="border: none; padding: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font size="3" style="font-size: 11pt;">If you need funding to support the purchase or refinancing of commercial property?</font></font></font></p>
<p align="left" style="border: none; padding: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font size="3" style="font-size: 11pt;"><b>NCR Finance LLC…</b></font></font></font></p>
<p style="border: none; padding: 0in; line-height: 0.23in;" align="left"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">If you need funding to support the purchase or refinancing of commercial property?</font></font></font></p>
<p style="border: none; padding: 0in; line-height: 0.23in;" align="left"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3"><b>NCR Finance LLC</b></font></font></font> <font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">can offer a convenient solution. Instead of issuing financing based on your credit history, we base your funding largely on the value of the property. Consequently, we can approve and disburse these loans much more quickly than traditional loans.</font></font></font></p>
<p style="border: none; padding: 0in; line-height: 0.23in;" align="left"><strong><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Loan Parameters:</font></font></font></strong></p>
<ul>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Owner and Non-Owner Occupied Properties</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Loan Sizes from $100,000 to $5 Million</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Up to 70% LTV - Up to 80% with seller held second</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Cross collateralize allowed for higher LTV</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">600 credit score to qualify, programs for sub 600 scores available</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">No up-front fees</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">3, 8, 25 year fixed rates begins at 7.5%</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Purchase, refinance, and cash-out refinance (limits on cash-out)</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Interest only programs available</font></font></font></p>
</li>
<li><p style="line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Closing in 2-4 weeks</font></font></font></p>
</li>
</ul>
<p style="margin-bottom: 0.2in; line-height: 0.23in;"><strong><font color="#606060"><font face="helvetica"><font style="font-size: 11pt;" size="3">Properties That Can Be Financed:</font></font></font></strong></p>
<ul>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">1-4 Family Rental</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Multi-Family</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Day Care Facilities</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Auto Repair Shop</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Mixed Use</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Retail / Strip Malls</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Churches</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Hotel / Motel</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Bed and Breakfast</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Funeral Homes</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Warehouse / Light Industrial</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Office Building</font></font></font></p>
</li>
<li><p style="margin-bottom: 0in; line-height: 0.23in;"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Self Storage Facilities</font></font></font></p>
</li>
<li><p style="border: none; padding: 0in; line-height: 0.23in;" align="left"><font color="#606060"><font face="Helvetica"><font style="font-size: 11pt;" size="3">Mobile Homes / Campgrounds</font></font></font></p>
</li>
</ul>
<p style="border: none; padding: 0in; line-height: 0.23in;" align="left"><font color="#606060"><font face="helvetica"><font style="font-size: 11pt;" size="3">Get the commercial real estate financing that your business needs without any unwanted hassles or delays. Contact</font></font></font> <strong><font color="#606060"><font face="helvetica"><font style="font-size: 11pt;" size="3">NCR Finance LLC</font></font></font></strong> <font color="#606060"><font face="helvetica"><font style="font-size: 11pt;" size="3">today to learn more about our financing or start the application process.</font></font></font></p>
<p style="border: none; padding: 0in; line-height: 0.23in;" align="left"><font color="#606060"><font face="helvetica"><font style="font-size: 11pt;" size="3"><a href="http://Www.NCRFUNDS.com">Www.NCRFUNDS.com</a></font></font></font></p> The Best Money In town: (Purchase,Fix & Flip, & Refinance-Cash out)tag:realestatefinance.ning.com,2015-10-16:6517464:Topic:2467582015-10-16T13:39:46.681ZKevin Palmerhttps://realestatefinance.ning.com/profile/KevinPalmer
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;">NCR Finance LLC has a much needed product for those seeking financing for real estate projects.</span></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;">…</span></font> </font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;">NCR Finance LLC has a much needed product for those seeking financing for real estate projects.</span></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">Up to 90% LTV</span></font></span></font></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">100% of rehab</span></font></span></font></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">Minimum loan amount $50,000</span></font></span></font></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">SFH - 4 Unit Non owner occupied</span></font></span></font></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">No costly appraisal</span></font></span></font></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">No long Application</span></font></span></font></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">Pre-Approval within 2 days</span></font></span></font></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">No credit score needed</span></font></span></font></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">12 month term (no prepayment penalty)</span></font></span></font></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">6.25-15% Interest rate (interest only)</span></font></span></font></font></font></p>
<p style="margin-bottom: 0.01in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">Origination fee up to</span></font></span></font> <font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">4</span></font></span></font><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">pts</span></font></span></font></font></font></p>
<p style="margin-bottom: 0in; line-height: 100%;"><font color="#000000"><font color="#000000"><span style="text-decoration: none;"></span></font> <font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">Background check performed</span></font></span></font></font></font></p>
<p style="margin-bottom: 0in; font-weight: normal; line-height: 100%; text-decoration: none;"></p>
<p style="margin-bottom: 0in; line-height: 100%;"><font color="#000000"><font face="Arial, serif"><font color="#000000"><span style="text-decoration: none;"><font style="font-size: 11pt;" size="2"><span style="font-weight: normal;">(no fraudulent activity bank accounts, multiple foreclosures)</span></font></span></font></font></font></p>
<p style="margin-bottom: 0in; line-height: 100%;"></p>
<p style="margin-bottom: 0in; line-height: 100%;"><font color="#000000">Contact Kevin: info@ncrfunds.com</font></p>
<p style="margin-bottom: 0in; line-height: 100%;"></p>
<p style="margin-bottom: 0in; line-height: 100%;"><a href="http://www.ncrfunds.com" target="_blank"><font color="#000000">http://www.ncrfunds.com</font></a></p> Need financing on 4 x 12 unit buildings in Milwaukeetag:realestatefinance.ning.com,2015-03-26:6517464:Topic:2228902015-03-26T14:14:25.025ZJJhttps://realestatefinance.ning.com/profile/JJ
<p>My partner and I own around 150 units and we are looking to purchase 4 multi unit buildings. 15% Cap off market deal but looking for 90%+ LTV short term for acquisition and then we will refinance into long term money.</p>
<p></p>
<p>Thanks!</p>
<p></p>
<p>JJ</p>
<p>My partner and I own around 150 units and we are looking to purchase 4 multi unit buildings. 15% Cap off market deal but looking for 90%+ LTV short term for acquisition and then we will refinance into long term money.</p>
<p></p>
<p>Thanks!</p>
<p></p>
<p>JJ</p> Seeking $1M Equity Partner for Multifamily Acquisitiontag:realestatefinance.ning.com,2015-03-21:6517464:Topic:2222962015-03-21T14:16:23.456ZPeter Spirohttps://realestatefinance.ning.com/profile/PeterSpiro
<p>Trade Winds Real Estate is sponsoring the acquisition of TimberChase, a 94-unit multifamily property in Birmingham, AL. The property is fully stabilized, is in an excellent location, and is being acquired at an attractive price.</p>
<p>The total cost is $5M. We already have a commitment from the bank (Arbor) for $3.9M. I (the deal sponsor) will be putting in at least $100K of my own money, so we are now seeking one or more equity partners to contribute roughly $1M in equity.</p>
<p>The…</p>
<p>Trade Winds Real Estate is sponsoring the acquisition of TimberChase, a 94-unit multifamily property in Birmingham, AL. The property is fully stabilized, is in an excellent location, and is being acquired at an attractive price.</p>
<p>The total cost is $5M. We already have a commitment from the bank (Arbor) for $3.9M. I (the deal sponsor) will be putting in at least $100K of my own money, so we are now seeking one or more equity partners to contribute roughly $1M in equity.</p>
<p>The property will cash flow 8% from year one, and is projected to return 12% IRR over the life of the investment. A brief one-page overview is attached.</p>
<p>If you are interested in investing or would like to learn more, please contact me and I will send you the full Executive Summary.</p>
<p>Thank you.</p>
<p>-Peter Spiro<br/>Trade Winds Real Estate<br/>914 393 3732</p> Seeking $1M in Equity--Webinar this Thursday, 3/18tag:realestatefinance.ning.com,2015-03-18:6517464:Topic:2220382015-03-18T10:37:02.867ZPeter Spirohttps://realestatefinance.ning.com/profile/PeterSpiro
<p>Please join us for a webinar this Thursday, 3/19, at 8pm to learn about TimberChase, our current multifamily investment opportunity.</p>
<p>TimberChase is a 94-unit multifamily property in a prime location of Birmingham, AL and we are currently seeking equity investors (we have primary financing for 80% LTV already in place). The property will return about 8% cash flow and 12% IRR to investors.…</p>
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<p>Please join us for a webinar this Thursday, 3/19, at 8pm to learn about TimberChase, our current multifamily investment opportunity.</p>
<p>TimberChase is a 94-unit multifamily property in a prime location of Birmingham, AL and we are currently seeking equity investors (we have primary financing for 80% LTV already in place). The property will return about 8% cash flow and 12% IRR to investors.</p>
<p><a href="https://attendee.gotowebinar.com/register/6751686755508261122" target="_blank">Click here to register.</a><br/><br/>We are already half way to our goal of raising $1.1M in equity, so don't miss out. Hope to see you there!</p>