I'm Looking to Fund a Commercial Real Estate 1st Position Cash Out. The Property is located in Ohio and has been appraised for $1,250,000.00 and is owned free and clear. The Client (TR CONSTRUCTION) wants to Borrow $500,000.00 in order to Renovate. He is requesting a No Doc Investor Commercial Loan with NO UPFRONT SECURITY DEPOSIT. THE BUILDING/PROPERTY IS OWNED FREE AND CLEAR. What Documentation does the Client need to Provide? APPRAISAL - EXECUTIVE SUMMARY AVAILABLE UPON REQUEST
If you haven't secure funding yet, email me at email@example.com
Attn: LOAN OFFER
I'm a private lender, I offer Private Financing & Hard Money Loans for Flips, Acquisition, Business startup & Rehabs Up to 80% LTV. My Lending Capacity is Nationwide, with a low interest rate of 5%, Very easy process, fast turn times. Guaranteed Approval * every interested individual should please contact firstname.lastname@example.org Phone Number (442)-444-1820 NO UP FRONT FEE
You aren't going to find a legitimate commercial lender that will fund a commercial loan with no docs without some sort of due diligence deposit. If the owner has no cash then what lender would be willing to extend a loan to an owner who it suspects is cash poor? Lenders don't want to end up owning real estate. And if has no cash, he shouldn't be owning commercial real estate.
DerCam Capital Advisors
Two things that are of importance to get this done. Credit score above 650 and verifiable cash in the bank that shows the client can afford the loan payments. Reach out to discuss more.
BTW how old is the appraisal?
Chris Cambridge 888 835-3640
Please send executive summary for review. No upfront fees.
Stone Creek Financial Services
Multiple Funding Solutions for all types of Deals, # including emd money.
My Name is Butler and I am the CEO of Spring Loans Financial services. If you are a real estate investor who was/is currently looking for assistance in funding your deals good news we have several programs in place to help you get your deals closed and get your check cut! whether you're a rehabber, wholesaler, commercial, residential. We have you covered.Our Website is currently still under construction However I have given a summary of some of the major solutions we have to offer to the real estate industry. Be reminded if you do not see a solution to your deal, speak up if we do not Know the scenario we cant help you find the solution.
Remember we need the details of your deal to determine if we can get it funded,
If the summary fits the criteria for one of our solutions then we will move to the next phase. Application and phone interview.
Commercial RE Bridge Loans, Mezzanine/Preferred Equity, and Permanent.
Conversions to property
Commercial RE Acquisitions, Refinancing, Cash Outs
500K to 20M
Aggressive Bridge lender
Focused on NY
Lends in Big Cities Only
Direct Private Lender providing short term commercial loans from 100K-100M. These loans have been used to finance new construction, provide bridge loans, fund purchase of non-owner occupied properties and provide real estate backed lines of credit.
Loan types- Single family, multi family, bridge loans, Real estate acquisition, short sales, construction loans, REO's and bank foreclosed residential properties. LTV: up to 80% of the as-is value or the purchase price, which ever is lower. Term 12 months
This lender does commercial real estate loans from 25K-50M. Stated Income program as well as a bridge/hard money program as well as conventional loans for commercial real estate. Can do rehab fix and flip single family and multi family properties as well as provide lines of credit against real estate properties.
We can get you signature loans for up to 250k with a 680+ FICO perfect for EMD funds.
We can get you 80k direct to your bank account with a Fico of 680+ with no derogatory marks on your report. Excellent for multiple flip and or commercial emd funds.
Transactional funding up to 600k 2.5%.
If your FICO score is low or your report isn't very strong we can add tradelines to get you qualified for some if not all of the above programs within 7-14 days.
Mr Butler Terry Joe
SPRING LOAN PREMIER GROUP
Tel: 1 (646) 580-3871
Vendon, if you are still looking for funding, we fund in all 50 states, up to 100% of the investment property purchase on a 70% ARV at a rate of 9%, funded in 10 days and you can refinance with us at a rate of 4% for 10 years to 15 years fixed or ARM, loan size $50,000 to $5M, no advance fees. Please contact me: George Mallory, underwriter, (917) 653-5215, email: georgeM@stanfordestatecapital.com website: https://www.stanfordestatecapital.com/
Closed Loans that was 100% finance
Manhattan, New York, NY $4,500,000 hard money to perm loan use for construction of 12 condominium units
Manhattan, New York, NY $4,000,000 hard money for construction of 20,000 square feet mixed used building
Queens, New York $1,512,000 for construction of a five-unit condominium
Morristown, NJ $118,000 purchase and $20,000 rehab of a two-family short sale investment, 100% for the purchase, 70% ARV, refinance into a rental property at a 4% rate, current value $393,000.
Chicago, Northside Lake Front, IL $3,500,000 loan to acquire a 180-unit apartments 4 stores mixed used building
Chicago, Southside, IL $105,000 hard money to perm purchase and rehab of a 6-unit multifamily property, ARV $308,000
Macon, GA $249,000 for a real estate wholesaler to purchase and rehab two-story single family into a rental
Denver, CO $154,000 REO purchase for a two-family property
Reno, NV $304,000 purchase and rehab of a four-family rental