Our Mission and our goal at Freedom Financial Consult Group, is to offer the highest Quality of Consultant services to the public and private sector. Being the resource, Freedom Financial Consultant Group, provide services that connects those seeking funding with those seeking investments. We pride ourselves in being transparent with a high standard of integrity and professionalism, acknowledging and understanding our client's needs.
-------------------- This project is a refi of existing loan where my client wants to do a major rehab on existing units bringing them from a C+ rated to A rated since the location is rated A. He also want to construct and additional 147 new units on the existing property. We are looking for $18.6 million which is 80% of project cost and around 70% LTV of finished project. We would really like to get 90% project cost if possible. My client is very strong and owns all or part of 15 other multifamily units and have about $7 million in the bank. We need 24 months of interest only to rehab/construct and lease up to stablize. Would like a long term one time close if you have it. Looking for around 4.5% interest, 7 or more years fixed, and 30 yrs or more amortization. Time is not our friend because my client wants to get a lot of the rehab/construction done before winter sets in. My client is ready to close ASAP
Now is this something you can do. I don't want to waste your time or mine.
Keith Hicks
WE FINANCE
... Golf Courses ~ Shopping Centers ~ Self-Storage Units ~ Multi-Family/Apartment Buildings ~
Construction ~ Office Buildings ~ Gas Stations
~ Refinance ~ Restaurants ~ Funeral Homes ~ Hotels/Motels ~ Hotel Resorts
and Casinos ~ Mobile ~ Retail Stores ~ Car Washes ~ Automotive Services ~ Mixed-Use Buildings ~ Marinas ~ Retail ~
Shopping Malls ~ Raw Land ~ Bed & Breakfast ~ Assisted Living ~ Condotels ~ Parking Structures ~ Condominiums ~ Light
Industrial & Warehouses ~ Other Income Producing Properties ~
Alternative energy (solar, wind, geothermal, hydro,
biomass, waste conversion, etc.) ~ Medical/ dental ~ Public-use facilities ~ Infrastructure (highway, rail, bridges, roads, etc.)
~ Recreational facilities ~ Storage Facilities ~ Auto Dealerships ~ Oil & Gas ~ Alternative Energy
100% Joint Venture Equity Financing
Commercial Land Development Loans
Large-Scale Debt Financing DIP
Financing
Apartment Equity Participation Stock Loans
Commercial Bridge/Hard money Mezzanine Programs
Loans For Incoming Producing Property
Small Balance Financing
Non-Recourse Loans for Multi-Family & Assisted Living
Jun 28, 2012
Phil Brown
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This project is a refi of existing loan where my client wants to do a major rehab on existing units bringing them from a C+ rated to A rated since the location is rated A. He also want to construct and additional 147 new units on the existing property. We are looking for $18.6 million which is 80% of project cost and around 70% LTV of finished project. We would really like to get 90% project cost if possible. My client is very strong and owns all or part of 15 other multifamily units and have about $7 million in the bank. We need 24 months of interest only to rehab/construct and lease up to stablize. Would like a long term one time close if you have it. Looking for around 4.5% interest, 7 or more years fixed, and 30 yrs or more amortization.
Time is not our friend because my client wants to get a lot of the rehab/construction done before winter sets in. My client is ready to close ASAP
Now is this something you can do. I don't want to waste your time or mine.
Jun 30, 2012