Seeking $700,000 for 60 day bridge loan for FL ALF\MC property with 20 year operating history and current NOI of $673,000. 50 beds with expansion of 127 beds. $6,500,000 take out loan committed. Purchase price $6,500,000. Seller financed first mortgage $5,500,000. $400,000 hard earnest money in place. $12,148,000 value. Very high return. Please contact Frank Habit, firstname.lastname@example.org, 678.596.2711. Principals only please. Brokers protected. Thank you.
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I am a private lender and i give out secured and unsecured loans. I give out loans at 6% interest rate and i do 100% financing