i need a bank to finance 75% of a 1.3 million deal for 52 units
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If it's a purchase or refi, I can do it. If it's new construction, it's too small for my investors.
Bill Gow
billgow@gmail.com
928-522-3255
My lending team specializes in MF props. Email me a copy of your exec. summary if you have one at jason.ross@gmx.us
Jeffrey B. Freis, President
Jeffrey B. Freis Associates, Inc. its affiliates and principals are not a United States Securities Dealer nor Broker nor US Investment Adviser. Jeffrey B. Freis Associates, Inc. its affiliates and principals is a Consulting Firm. All Emails and related correspondence are never to be considered a solicitation for any purpose in any form or content. We do not intend to, nor do we, provide investment advice or counsel to any particular transaction.
Anthony - Do they qualify for Conventional?
Conventional Desk - underwrite, fund and service the notes. Up to 80% (this woudl cover CC & Fees) Rates for a 5 year 4.75 - 5.5% / 10 year 4.25 - 5%
Bridge Desk - Underwrite, Fund and Service the Notes. Up to 75% CLTV (greater LTV on a case by case basis ) Rates start at 9% for the first and 13% for any Mezzanine - 6months to 5 year terms.
Send the following:
Current Rent Roll
Operating History - 3 to 5 year
2013 Balance & P&L
Y-T-D Income & Expense
Description of Property and Borrower (disclose foreclosures, DPO’s, distressed situations)
Capital Stack and list all liens and encumbrances to be paid
Kindest Regards,
Tara Azaroff
Director of Business Development
CLS Investments/DBA
402-202-4587
Conference Call Information:
Number 605-715-4920
pin 9588556#
"To live is the rarest thing in the world. Most People just exist." Oscar Wilde.
Live today and every day here after. Open your conversation with passion, purpose and true intent to enhance others lives.
yes conventional works. this is a new deal. i may need bridge financing
Ok - CLS can provide a Bridge -
Please send the package to tara@cls-investments.com
Kindest Regards,
Tara Azaroff
Director of Business Development
CLS Investments/DBA
402-202-4587
Conference Call Information:
Number 605-715-4920
pin 9588556#
"To live is the rarest thing in the world. Most People just exist." Oscar Wilde.
Live today and every day here after. Open your conversation with passion, purpose and true intent to enhance others lives.
a bridge may work. i will send you the info. thanks
this particular deal is dead, but i have a new deal. will send you the info. thanks
Hi Anthony,
Can you email me your contact info and an executive summary to greenmobi@gmail.com. I will be in touch Mon or Tues.
Rene
this particular deal is dead, but i have a new deal. will send you the info. thanks
Anthony,
Please send an executive summary/business plan to stonecreekfs218@gmail.com
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