I have been in lending for more than 30 years, have authored 7 finance related manuals, appeared on dozens of talk shows, written a national column in a mortgage newspaper, and closed millions in loans.
My company, JRid Capital Resources, is fully staffed to handle a broad range of loans. I have a contract attorney and an international accountant on my staff. We thoroughly pre-underwrite every loan prior to accepting that borrower as a client. We are in the business of getting things done, not wasting time on deals which are not capable of being approved as presented. However, our analysis will provide you and your client the necessary feedback to enable you to take the necessary steps in order to gain approval.
Our only goal is to help YOU get deals done. I have the know-how, the correspondent relationships (and they give references), and the staff you can rely on to make you $. When needed, I can call senior underwriters at home for answers...over our years of association, we have become friends. Isn’t that what you are looking for…a source who is the “right” source? For years I looked for someone like me…and now…I’m the guy I was looking for. I’ll gladly be the source YOU are looking for as well.
joinfranknow@gmail. I need funding, $1MM for commercial project
Joe, I have an over 300 unit project in Texas that is seeking $2,500,000 in financing. Semd me your emailaddrsss so I can send you the package. Jeffrey Freis
AN ALTERNATIVE TO CONVENTIONAL BANK LOANS
Thank you for your interest in Kennedy Funding, Inc., one of the largest private commercial lenders in the country. We specialize in short term real estate secured loans for many situations, including bridge funding, land acquisition, development and construction, bank workouts, foreclosures and bankruptcies.
At Kennedy Funding, we recognize the importance of speed, and that loans must often be structured around each client’s unique set of financial circumstances. Our program has been providing lightning-fast service and creative funding solutions throughout North America since 1985, and with our international lending program, we have closed loans in Spain, Fiji, Belize, Mexico, St. Croix, and St. Maarten!
KFI’S LENDING CRITERIA
Loans from $1,000,000 to $50 Million: Domestic and International!
Loan Term: One to five years. No prepayment penalty.
Collateral: Typically commercial real estate. Other fixed assets may be considered in some cases.
Loan-to-value Ratio: Loan amounts of up to 60% of the value of the collateral.
If the loan is used for construction or renovation, the loan can be funded in stages up to 50% of the improved value.
Interest Rate: Depending upon collateral, rates start at 9%, interest only. In lieu of equity, a Fee of 0-10% may be paid. Rates for international transactions are generally higher than domestic loans.
Minimum Loan Size: $1,000,000 nationwide, and $3 million internationally.
Immediate Response • Flexible Loan Structures
7-10 Day Closings • Brokers Protected
For more information, please contact Jeffrey Silver at (201) 342-8500.
or visit our web site at www.kennedyfunding.com
We are Mark and Sue Putze- local, well-established residential remodelers in the Albuquerque metro area.
This year we are branching out and investing in real estate as 'Eco-Level Ventures.' ELV is our next logical step in increasing our financial security.
We are looking for funding that will enable us to purchase, rehab and sell single-family homes in our area.
We look forward to working with you!
Mark, thank you for the inquiry. At this time, we are only doing commercial transactions.
Custom Builder Looking to Secure Funding for a New 55+ Active Adult Condo Community
I have a proven concept in mid to high end active adult community living for seniors 55+. If you are interested in large returns in the fast growing housing market this is a fantastic opportunity. Please review our concept and if you would like to hear more, we will be glad to setup a meeting.
Active Adult 55+ Living Community
The Concept: To build, sell, and manage an Active Adult 55+ Living community that will have 80 attached condo units and a clubhouse. We want to sell the idea of the community being stress free living with many activities to partake in to keep everyone active; it would be a resort style experience. The whole process from design to selling of the final unit is on a three year schedule. The units will be sold at cost plus a 30% mark up.
The Condo Units: The condo units will be 1 story ranch condos built ADA compliant and will cater to the 55+ target market. We will offer 2 units – The Maui 1400 SF and The Roma 1600 SF. They will include a garage, basement, and possible bonus loft above the garage. They will be built with some custom touches: grab bars in all bathrooms, walk in showers with tub doors, built in security systems / life alert systems that can automatically call 911, granite counters, and stainless steel appliances. There will be no grass to cut or snow to shovel.
The Club House: The Club house will be 2500 SF with a full time concierge service with an outdoor pool and hot tube. There will always be someone to talk to 24-7 in case of an emergency. The club house will have a general meeting area by the fireplace and will have several banquet / meeting rooms to host the variety of clubs and activities we will offer on a weekly basis. Some of the activities will be knitting club, book club, arts and crafts club, poker club, men’s dinner, girls night out, Oscar night, and Holiday Parties. The activities will be on and off the facility. We will have a shuttle that will take everyone as a group out on activities outside of the grounds, i.e. Mall day, dinner out, and Opera Night
Please contact me via e-mail / cell (below) to set up a conference call. I am looking for a partnership or silent investor.
Anthony J. Pisco
Renaissance Building, Inc.
Hello Joel , I was trying to refi a rental property I own free and clear. I just needed 50,000 to pay off credit debt and to use remaining to purchase another property. I have decent credit ,but it will be very good when I pay down debt ratio. property rented sec 8 at 1050 a month . property worth around 90,000 . please let me know if you can help. thanks Ed at email@example.com .
Edwin, thank you for your inquiry. At this time we are only financing commercial properties of $500K or above.
Loch Lomond Loan Request (WI.)
Terms: 5 yrs. Interest Only, Secured by a 1st Mortgage.
Security: 41-½ acre lots adjacent to the golf course, (www.tagalonggolf.com) Appraised at $492,000 (These are the only golf frontage lots in the subdivision.)
Purpose: Develop lots for RV Estate use and promote those sales to complement existing marketing of residential lots .
History: I have been in business since 1995, I originally owned 500 lots and have sold 200. Lots are free & clear with no liens or encumbrances.
Contact: firstname.lastname@example.org 715-977-1398
Larry, while the loan amount is below our $500K minimum, we might be able to help with financing the development.
High profile car wash - gas and c-store in Bridgewater NJ. currently paying $350,000 annually servicing $4M in debt, in need of $3M-$4M, up to $1M can be subordinated, if this is any interest to you, property has appraised "AS IS" value of $4.050M
Mr. Riddle only funds a small percentage of requests. He won't find a way but this is clever enough to attract alot of attention. If you have 35% to put down or have equity big time, you might get his attention.