68 mixed-use units in Chicago, IL. This is a total rehab project. It is a vacant property in a part of the city that is going through a re-gentrification.
Purchase Price is $499,000 with estimated rehab of $1,500,000. Future Value is $3,175,454 once rehabbed and stabilized.
Inquire for more details.
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Please email the Executive Summary or better details of the funding required.
Dwight Shook
Andrea,
Please forwards me the Executive Summary, Lender will be very interested in securing financing for this project.
stephen.l.mitchell@gmail.com
Thanks
Stephen
Hi Andrea,
Please email/call me the details of your project. I am sure I am able to assist you.
Thank you,
Sherry D. Beck
Peabody Chase Consulting LLC
Consultant
757.696.7238 (Direct)
1.888.577.0920 EXT 1
Fax-1.866.898.1911
s.beck@peabodychase.com
http://www.peabodychase.com
Andrea, our company, Fox Property Solutions is direct to multiple investors that would like to look at this deal. Please send me more details. kahall413@gmail.com
-Ken
Evening Andrea,
Investment banking group offering 100% funding either debt or equity or combination worldwide- $1M and above! Funding based on strength of project not LTV or LTC. We fund in the Energy, Technology, Mining, Real Estate and Business sectors. 30 year proven track record!
It is our goal to offer you a quick, transparent and professional experience along with the most efficient service to fund your project. We provide 100% of borrower’s capital request in the form of debt, equity or a combination and allow all documented expense paid by the borrower to be stacked on top of the funds requested. We can offer a moratorium on payments until the project is stabilized and cash flowing if the timeline to stabilization is reasonable. (Determined on a case-by-case basis)
To start we need a mutual NDA completed, executed and returned by all parties to the project. Additionally, once we know the sector of the funding request i.e. Energy, Technology, Mining, Real Estate or Business we will provide a questionnaire that must be answered in detail and returned to access risk factors and determine our interest. We are fully transparent and provide all the information for you to make an intelligent decision on doing business with us. If the project has merit with strong principal, a very good plan, capital to support the project until funding we can get you through our in-house underwriting to funding. We offer bank rate or better pricing not hard money. Our rates are based on the following indexes: Libor, Bond rate, 10-year Treasury or Prime depending on the project with terms of 3, 5, 7, 10 , 15 or 20 years. Minimum loan amount is $1M US with no maximums on asset based lending.
Required Documentation: (for submission)
The following documents will be necessary to successfully underwrite and fund your project:
You will need to show proof of funds invested to date in the project (if applicable), ability to pay for third party expenses including a site visit, a need and necessity study (mini feasibility) along with legal and due diligence. This is not upfront but after you receive an expression of interest in writing from the lender along with lender contact and documentation for your due diligence. My job is to get you through our in-house underwriting and to funding! We believe that relationship is critical if we are to be successful with our business venture and without a good relationship we will not be a good financial partner.
(The following remark is not intended to offend but stated because of so many request from those who believe that all cost can be paid from closing proceeds):
“If there are no funds available to cover project cost and principals expects the lender to pay the necessary cost to determine if the project is lendable, close and fund the project and get their expenses from the loan proceeds then no one I know of can help you.” I have 27 years experience in this industry and have never seen that happen with lenders in the US, Western Europe or anywhere else.
Ron Coleman
NEPCO, INC - GLOBAL CONSORTIUM - FUNDING FOR PROJECTS AND ASSETS IN THE ENERGY, TECHNOLOGY, MINING, BUSINESS AND REAL ESTATE SECTORS
nepcoinc@att.net 770-572-7765 nepcoinc1 -Skype
MICRO LOAN PROGRAM - $100K-$900K
To start we need a mutual NDA completed, executed and returned by all parties to the project. Additionally, once we know the sector of the funding request i.e. Energy, Technology, Mining, Real Estate or Business we will provide a questionnaire that must be answered in detail and return which helps to access risk factors and determine our interest. We are fully transparent and provide all the information for principal to make an intelligent decision on doing business with us. If the project has merit with strong principals, a very good plan, the principal has enough liquidity to support their project and are honest and cooperative we have an interest and can normally get them through our in-house underwriting to
We will need you to show proof of funds invested to date in the project (if applicable), liquidity (cash in hand) to pay for third party expenses which includes an application and due diligence and engagement charge. This is not upfront but after they receive an expression of interest in writing from the lender and after a call and information provided on the lender for their due diligence.
Client will need minimum of 640-720 credit score. Our LTV is 80% - 90%; Terms are 5, 7, 10, 15 or 20 years; Interest is bank rate or better (we are not a hard money lender). Normal timeline to close is 30-45 days but is client dependent.
(The following remark is not intended to offend but stated because of so many request from those who believe that all cost can be paid from closing proceeds):
“If there are no funds available to cover project cost and principals expects the lender to pay the necessary cost to determine if the project is lendable, close and fund the project and get their expenses from the loan proceeds then no one I know of can help you.” I have 27 years experience in this industry and have never seen that happen with lenders in the US, Western Europe or anywhere else.
Ron Coleman
NEPCO, INC - GLOBAL CONSORTIUM - FUNDING FOR PROJECTS AND ASSETS IN THE ENERGY, TECHNOLOGY, MINING, BUSINESS AND REAL ESTATE SECTORS
770-572-7765 nepcoinc@att.net nepcoinc1 -Skype
funding.
I'd like to get more information regarding this project. Please contact me at daynej@djcmgmt.com. Thanks
Hello,
Am a private lender willing to work with you, Contact me to visit the company website for more info on direct funding, asset protection, credit repair, business solutions and much more. Email# Clar.mrssisi@mail.com
Jeffrey B. Freis Associates, Inc. is a private investment bank with an active real estate finance division.
Hello Andrea,
I am interested in your deal. If it has not been funded yet I would like to take a look at it. If you could, would you please send me a summary of the deal, and I will have a answer for you with 24 hours. Thank You
Regards,
Brandon Murphy
brandon@odlending.com
29800 Agoura RD. #208
Agoura Hills, CA 91301
661-310-6449 Cell
747-222-8593 Office
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