Loan Sizes: $3M and up ( some exceptions for smaller deal sizes)
Property Types: Office, Retail, Industrial, Multifamily, Mixed Use,
Self-Storage, Hotel,Motel and Mobile Home Park
Leverage: Up to 75% Loan to Cost to Value/Up to 80% on
Multifamily.
Costs: Rates in the 6.00% to 8.00% range (Interest Only)
Terms: 1-3 Years
Special Situations: Pools of Rental SFR Properties, Primarily Vacant
Properties, Modification, DPO, Significant Deferred
Foreign Investors, Credit Issues, Bankruptcies, Loan
Modification, DOP, Significant Deferred Maintenance,
TI's and Capx Allowed, Repositioning of Asset is
Ideal
Requirement: Strong Sponsor/Borrower, Reasonable Liquidity or
Equity and Realistic Plan to Re-purpose, Lease Up
Property for Permanent Take-out Financing
And the best news! We can Exit and Convert the Bridge loan after stabilization into CMBS or SBA/ Conventional Terms IN HOUSE Come Talk To Us Today!
Edward Tuggle, Private Funding Consultant--
Offering Innovate and Creative Options to Underwrite Viable Projects
in the U.S. and Abroad.
Phone: 281-599-9954 E-Mail: etgggle859@sbcglobal.net
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