I am looking for a lender that can fund an acquisition and development loan for residential lots in the Midwest. Over 800 lot development at various locations. Lots are all to be taken down by a national builder. Good sponsorship and cash to the deal. $16M loan request.
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Hi Monte,
Please send me your summary and give me a call.
Direct Lender Ft. Myers FL. Since 1971. fishermike50@gmail 443-838-9563
All 50 states. JUST LIVING THE DREAM!
Send me a executive summary of your project to samcthomas45@gmail.com
or call Sam Thomas at Paramount Financial Partners (515) 554-5541
MACG REAL ESTATE GROUP is Now financing CONSTRUCTION, LAND DEVELOPMENT PROJECTS investor properties in...
GEORGIA!!
*ALSO:CA-AZ-CO-WY-WA-SC-NJ-FLA-IL
Great for: REHABBERS & BUILDERS
We can fund Projects that range from $100,000.00 TO $2,000,000.00!!
We lend up to 80% of Purchase!
100% of Rehab/Construction!
9 Month Term
FAVORABLE CREDIT TERMS!
11%-13% Interest and 2-4 Points
*Closing cost required of Borrower
EASY 1 PAGE APPLICATION
START YOUR APPLICATION PROCESSS TODAY!!
Email us at :macgrealestate1@gmail.com
We also can Refinance Your existing Commercial Real Estate Portfolio at Today’s Lower Interest Rates to you Save Thousands!
CALL US TODAY AT 404.644.2170
MACG REAL ESTATE GROUP is Now financing CONSTRUCTION, LAND DEVELOPMENT PROJECTS investor properties in...
GEORGIA!!
*ALSO:CA-AZ-CO-WY-WA-SC-NJ-FLA-IL
Great for: REHABBERS & BUILDERS
We can fund Projects that range from $100,000.00 TO $2,000,000.00!!
We lend up to 80% of Purchase!
100% of Rehab/Construction!
9 Month Term
FAVORABLE CREDIT TERMS!
11%-13% Interest and 2-4 Points
*Closing cost required of Borrower
EASY 1 PAGE APPLICATION
START YOUR APPLICATION PROCESSS TODAY!!
Email us at :macgrealestate1@gmail.com
We also can Refinance Your existing Commercial Real Estate Portfolio at Today’s Lower Interest Rates to you Save Thousands!
CALL US TODAY AT 404.644.2170
Monte,
NEPCO, INC is an International Private Commercial direct lender financing projects at up to 100% either debt/equity or combination interested in the Energy, Technology, Business, Mining and Real Estate markets. Our alternative financing model offers EASE and flexibility in obtaining private capital while avoiding traditional bank’s rigid lending practices, extended closing timeframes and over inflexible underwriting standards.
Minimum loan amount is $10M US with no maximums on asset based lending. Our funding is based on strength of project not LTV or LTC.
This is non- conforming or alternative financing within a Non-Recourse structure and with no prepayment penalties. A moratorium on payments until the project is stabilized and cash flowing can be provided. (Determined on a case-by-case basis)
Our rates are based on the following indexes: London bank rate, Libor, Bond rate, 5-year Treasury or Prime depending on the project with terms of 3, 5, 7, 10 , 15 or 20 years.
Documentation:
Business Plan or Executive Summary with actual or proforma income statements 3 -5 years
Balance Sheet/Financial Statement/Cash Flow/P & L with YTD less than 90 days old (if applicable)
Copy of Appraisal or other valuation (if available)
Expanded Resumes of all principals
Line Item Detailed Use of Funds for short-term and long-term projections
Exit strategy
Financial statement-Personal/Corporate
If you provide the requested information and documentation we can move forward quickly. We need to stress that you must have a willingness to work through the requirements, equity of some form in your project, capital to support your project, proof of funds invested to date, and a team with a track record of success.
Please include any additional information that would make this project more appealing to a Lender, Investor or Equity participant. Unique Project features and Keys to Success:
Due Diligence and other Third Party Cost:
Due to standard banking policies and procedures, due diligence, underwriting (not inclusive of business evaluation/ project need/necessity study and site inspection) is always conducted and is an inherent necessary advance cost to be borne by you the Borrower/applicant seeking 100% capital after receipt of written expression of interest with general terms and conditions.
NEPCO, INC – Global Lending and Capital Formation for Projects & Assets - Ron Coleman, President 770-572-7765-ofc; nepcoinc@att.net; nepcoinc1 – Skype
We are doing several projects like this. Please call or email
jamesccflynn@yahoo.com
828-483-6883
What is yiur current status with builder? Contract, MOU, LOI, ??
what is time to complete service/deveopment condition then close.
Do you have appraisal?
Please reply to blackfriars.333@aol.com.
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