I have a source offering short-term funding:
Loan Amount: $2,000,000 to $100,000,000
Interest Rate: 9% - 12%
Term Length: 12 to 36 months
Time to Close: 2 to 3 weeks
Maximum Loan-to-Value ($2M - $10M) 70%
Maximum Loan-to-Value ($10M - $100M) 80%
Renovation Financing: 100%
Lien Position: 1st
Recourse: Flexible
Loan Scenarios: Purchase, Refinance, Rehab and Blanket
Property Types: Multi-family, Residential Investment, Condominiums, Retail, Mixed-Use, Office, Hospitality, Automotive, Self-Storage, Mobile Home Parks, Industrial, Gas Stations and Schools
Acceptable Markets: United States only
If interested, send me executive summary of your project, resume of principals and photos of the project to samcthomas45@gmail.com