Here is my client's scenario-
Buying a property in Hollywood, CA which currently has buildings on it and he will be demolishing them, then building 40,000 sq ft of comm space and 200 apartments.
He needs a $17 MM loan to buy the property and $2 MM in working capital for the entitlement procedure completion and other necessary costs involved which takes 6 months. Current as-is value is $22mil.
He has a SBLC loan approved, after it is issued will be used to pay off the acquisition money and for construction money, so it will allow the $17 MM and the $2 MM to be paid back within 6 months-12months.
Client also has HUD application done and approved for final refi in year 3.
He is putting $1m of own funds into the deal, and has experience with similar projects.
Client is offering 10% ROI during each of the first 3 years of his project until the HUD refi is completed to payoff the SBLC.
Looking for immediate financing with no personal financials.
Please reply with interest and contact information and any requirements (Exec Summary,etc.).
Can you send me a executive summary of your project with your phone number
and the best time for a conference call tomorrow. Send information to firstname.lastname@example.org
Jeffrey B. Freis Associates, Inc. its affiliates and principals are not a United States Securities Dealer nor Broker nor US Investment Adviser. Jeffrey B. Freis Associates, Inc. its affiliates and principals is a Consulting Firm. All Emails and related correspondence are never to be considered a solicitation for any purpose in any form or content. We do not intend to, nor do we, provide investment advice or counsel to any particular transaction.
We are a direct lender interested in speaking with you about your deal.
Call Tom Mendez (425) 518-0983
email: email@example.com or go to our site www.madisongreycapital.com and fill out an application.
Best to you!
My associate is in Orange County and has many private investors whom would like to look at this. Our website is emoneylending.net . You can email me to send him the full detailed exective summary at firstname.lastname@example.org
Rob, Is you client looking for a 100% financing or does he have money to put into the project? If he has money to put into it, I will be interested in helping finance his project.. email me at: email@example.com
Rob we are direct private lenders not brokers as most are on this site. Review my website to learn more about our 25 year history and deals we have closed ($2.5 billion) in loans. Review my website below.Regards.
Senior Loan Officer
Kennedy Funding Financial, LLC
930 Sylvan Ave.
Englewood Cliffs, NJ 07632
Skype ID: jeff-silver1
We have several programs that may work, like to chat with you about the project you have .
I can get you bridge financing from a private lender there in Los Angeles. Email me at firstname.lastname@example.org
Please reach out to me at (203) 327-3327 or email@example.com. I am a direct private equity lender based in Greenwich, Connecticut and I lend nationwide.