Need financing for a $425k non-owner occupied commercial building in Southern CA. Would like to use as little of our own money as possible. I own a $300k condo free and clear that is leased out in Florida.  Was thinking of getting a cash out loan on this and use the money for as much of the down payment as possible.  The rest we would need other financing.

Therefore we need the following:

1) Cash out loan

2) Remainder financing

My wife and I have great credit scores (785-800). Dont want to use our primary home as collateral.  Looking for lowest interest rate and fees possible.  

Views: 473

Reply to This

Replies to This Discussion

Good day,am a private lender lending out my own funds.I have been in business for years so i can assure you once all necessary document is been signed your funds will get to you within 48hours.
If your are interested you can get back to me ASAP.

Thank you.

Hi Rainier:

Just saw your post. I may be able to assist you in your funding request. Please give me a call anytime to discuss further.

Ann O'Rourke

Prime-Timefinancialconsultants

603-560-4398

Rainier,

There's a Business LOC program that was just rolled out this past week that might work for you. Let me have your contact info to send you the details. Also, please reference my contact details below. Look forward to hearing from you.

Copelon J. Kirklin
Business Relationship Officer
Institutional Banking Services, N.A. CORP
401 E Las Olas Blvd Suite 1400
Fort Lauderdale, Fl 33301
Office: 954-889-5827 ext 803
Mobile: 225-304-2634
 
 
Recent Press Releases
 

I am a private lender I only do California property if your score is at 785- 800 I can GUARANTEE you will get a rate in the mid 5 percent to the low 6 percent. please call me to discuss terms we can close this deal for you in 2 to 3 weeks tops

Thank you

Shawn Cannon

314-323-2315

I am a private lender located IN THE UNITED STATES, I give SECURED AND UNSECURED LOANS.I Help You Get A LOAN ASAP.CONTACT PLEASE IF YOU NEED A LOAN. ALPHALOANFUNDING98@GMAIL.COM

I can do this 1,2,3 

I will find fund entire construction project,

We can cross collaterize the condo's in Florida

Feel free to email me ag29577@gmail.com

Call the office 877-570-5594

Arden

Hello Rainier,

Good day. We can help.  Let me know your best contact to get in touch with you.

We are in CA.  My email is thecashflowanswer@gmail.com.

Ana Magalhaes

I saw your post, we just got a new stated income,  stated asset, No Income verification loan. The loan is guaranteed by an insurance policy. Here is how it works: 100% financing for commercial , residential, investment.

$425,000 loan add 10.5% to the loan = $44,625

$469,625 divide that by 360= $1304 + insurance policy $750 per month= $2054 principal.

This is a principal only loan.

The insurance covers Homeowners, earthquake, flood, hurricane, life, medical, auto, travel, health, dental.  

As is said this is a new loan I don't have all the details until this Wednesday. But this is the basics of the loan.

Harold

858-945-1047

Hello - we are Direct Private Money Lenders located right here in SD. We could certainly cross-collatoralize your FL condo and get this deal done for you very quickly. Funding within 3 days. Shoot me an email for more info Ben@LantzmanManagement.com

Thanks!

Ben

(619)777-8790

Hey Rainier, what is the use of the building?

Business, what type? Franchise, independent?

Start up biz, relocation or expansion?

Are you going to use all of the space?

Share some details to add clarity to purpose

Chris Cambridge
Blue Note Assets
888-835-3640
www.bnassets.com

★Commercial Real Estate Funding★ ★NO HASSLE FUNDING★
★Flexible Terms★:

ATTN: BUSINESS OWNERS & REAL ESTATE INVESTORS IN NEED OF FUNDING IN: Wa, Or, Ca, and Tx

MACG REAL ESTATE GROUP and our affiliates are able to facilitate NO HASSLE FUNDING for BUSINESS OWNERS!

macgrealestate@gmail.com

Perfect for Investors looking to Refinance existing real estate assest you currently own to obtain funding for other projects you are working on.

We process, underwrite, close and service all loans in house.Same day approvals and closing within 20 business Days!! Call or email us today for an application.

macgrealestate@gmail.com

Not known to many business owners and commercial real estate investors is the availability of Private Capital for business purposes in the form of Collateral based loans. Business and real estate owners can get a loan for as little as $5,000. We can lend up to $10,000,000 strictly based on the asset or collateral value of commercial real estate. We use methods to determine funding amounts such as credit card sales, accounts recievable, inventory and yes, even purchase orders, regardless of credit scores, income or financial stability.


Contact us today if you are currently looking to refinance one of the following:

Community
Shopping Plaza, 
Strip Mall 
Mini-Mall; 
Convenience store (7-11); 
Department Store (apparel, 
Grocery, Supermarket; 
Hospital-PRIVATE; 
Hotel; 
Light Industrial (10% 
Medical Bldg; 
Mini-Warehouse, 
Storage; 
Mobile Home Park, 
Office Bldg (General); 
Retail Stores ( Personal Services, Photography, Travel); 
Warehouse (Industrial),
Gas Station 
Auto Dealership, 
Medical/Dental Bldg., 
Mixed Use  

Occupancy: 85%+

1st Mtg Amount >= 750000
Interest Rate >= 5+

Contacts us Today!

We just got approved to offer a loan that is backed by insurance.

The loan is Stated Income, Stated assets, No income verification and no credit, no, prepay penalty. Commercial or residential or construction, 100% financing

The loan is guaranteed by an insurance policy and it's a Principal Only Loan.

No Prepayment penalty

hlear@realtyconnections.net

 

 

RSS

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service