Auriel Streit

Van Nuys, CA

United States

Profile Information:

Company name and description
STREIT LENDING

Streit Lending (www.streitlending.com) is the bridge lending business affiliated with the Streit Family. We provide borrowers with direct access to private capital through the financial strength and liquidity of the Streit Family. All loans are funded using the Streit Family balance sheet.

Streit Lending looks to lend against commercial and business purpose residential properties in California, the Western, Mid-Western and Southern United States in major MSAs. We prefer lending in increments of $1m-$3m and are comfortable up to $5m. Our interest rates start at 8%, and we will lend up to a 60% LTV for 1-2 years.

We fund the following deal types: Purchases, Refis, Rehab, Bank Turn-Downs, Discounted Note Payoffs, Ground-up Construction and more.

Our goal is to provide quick, transparent and stress-free closings to help our borrowers execute their business plans without the headaches and months-long waiting period associated with conventional loans. Backed by the financial strength and liquidity of the Streit Family, Streit Lending has the ability to close quickly and without relying on third party capital to get loans funded. Streit Lending, together with the Streit Family, has over 30 years of bridge lending and real estate investing experience.

Comment Wall:

  • TERRY MCGOVERN

    Auriel, I would like the opportunity to talk with you concerning financing of residential, commercial as well as federal gov't properties. I have many and need financing to get these purchases completed etc. terrymcgovern1@gmail.com / 410-279-4837

    Unified Investment Group, llc 

    Annapolis, MD.

    Aug 6, 2013

  • Victor Gresham

    Hello,

    Need a hard money loan to purchase a property for humanitarian use.

    Property address is 7919 Albin Ln Houston Texas 77071.

    6 bedrooms 9 bathrooms 8,000+ sf, in ground pool and jacuzzi, 2 story property.

    Purchase price is $350,000.

    Rehab cost is $125,000.

    Harris County Appraisal District has the property appraised at $706,000.

    Zillow has the property appraised at $608,000.

    Title work is already completed and closing documents have already been signed.

    Propertry to be refinanced after repairs are completed.

    Original private lender backed out on the day of closing.

    Need funding ASAP.

    Victor Gresham

    (832) 849-8266

    greshamvictor01@gmail.com

    Aug 18, 2018