Weccome to the Future of Commercial Lending! Bridge Program (Non-Recurse and Full Recourse)

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

         

Views: 18

Reply to This

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service