Who has funding for multifamily properties?

Permalink Reply by Stephen Mitchell on February 27, 2013 at 2:14pm

Amy

If you are planning to purchase a apartment building, a condominium or any multifamily residential complex, we are here to assist. In most cased, we can get a multifamily loan approved for you for 85% of the total value of the property.

Whether you need a purchase loan for multifamily apartments or an apartment loan refinance we can help you by providing the lowest possible rates and a hassle free process. Our goal is to make the process of getting your multifamily loan quicker and easier than ever. We provide the most comprehensive apartment financing programs available. Whether you're looking for a conduit, traditional, or stated income apartment loan, we will meet both your individual and professional investment objectives. We can help you in getting:

low rates for apartment purchase loans or to refinance apartment loans
Up to 85% financing for apartments and multifamily properties of all types
Terms for fixed rates from 5 – 7 years
Apartment Loan amortization up to 25 years in some cases
Low and flexible prepayment penalties with the ability to buy down the term
Low overall loan costs and -0- due diligence fees!
Loan Amounts from $500,000 to $50,000,000

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Permalink Reply by Martha Muzio on February 28, 2013 at 9:44am

Hi Amy,

Dividend America - Commercial Lending is a direct and correspondent lender. We have recently merged with DPG Investments (family office fund) so we are able to complete the debt and/or equity capital stack. We now can assist on the traditional lending level as well as offer up to 95% financing for distressed and/or discounted income producing properties, using debt and equity financing. US ONLY

Traditional financing

Loan Amounts 1MM + Up to 80% financing for apartments and multifamily properties of all types
Terms for fixed rates from 5 – 7 years
Apartment Loan amortization up to 25 years in some cases
Low and flexible prepayment penalties with the ability to buy down the term

Equity Lending

2 MM - 60 + MM
Sponsors MUST have experience
Most deals require some type of sponsor equity – typically 5-10%
Strong transactions can go as high as 105%
Distressed assets being purchased or refinanced as a discount to current intrinsic market value
Preferred strategies are Discounted Payoff (DPO), REO, Portfolio Purchase, Distressed Asset Purchase and Repositioning
Equity investments are structured finance in multiple formats: Mezzanine/Bridge Loan, Straight Equity, Bridge/Equity combination, Bridge with entry/exit fees, Elevated Face Payoff and combinations of all strategies.

Sincerely,

Martha L. Muzio-Commercial Loan Consultant

Dividend America l Commercial Lending

A division of DPG Investments

Office: 404-671-9405 x919

Cell: 770-402-7503

Website: www.DividendAmerica.com

www.DPGInvestments.com

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Permalink Reply by Demetrius Simpson on February 28, 2013 at 11:39pm

Multifamily/ MHP Program

Property Types:	Multifamily, Mobile Home Park, Student Housing, Senior Housing
Loan Amounts:	$3MM & Up (Lower loans amounts are considered on a case by case basis)
Terms:	3-30 Years
Amortization:	15-30 Years
Minimum DSCR:	1.25X
Maximum LTV :	80%
Recourse:	Non-Recourse
Interest Only:	1-3 Years (Subject to asset quality)
Rate Benchmark:	US TSY/SWAP Rate
Margin:	150bps and Up
Forward Rate Lock:	Up to 12 months
Geographic Location:	Nationwide
Prepayment:	Flexible structures available
Closing:	Borrowing Entity - Single Purpose Entity Escrows- Taxes & Insurance required

Or you can always go to www.tavaughncapitaladvsiors.com

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Permalink Reply by Gail McGreer Anderson on March 3, 2013 at 8:29pm

Are your multi-family properties in CA? If so, I can do 65% usually 10% 1/2 points and

no additional fees; other than title/escrow and appraisal. 7thfluffycat@gmail.com

I am a "hard money" lender. gail anderson dre 00806363

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Permalink Reply by LISA GORDON on March 3, 2013 at 10:59pm

GET SEED CAPITAL. Get IRA money for your USA projects.

Need down payment funds?

WOULD 5M-10M HELP GET YOUR PROJECT OFF THE GROUND?

Pay IRA investors 10% to 12% per annum.
Roll the funds over for five years with possible extensions.

Investor Relations expert since 1990. Get your real estate project funding qualified to accept IRA money within the same week. I do all the investor relations paperwork to move the funds. I do all the follow up to assure the IRA money is transferred to your account to fund your real estate project.

Qualified Accredited investors. **FTC compliant.** I will arrange for the Company to purchase “Pre Qualified” “Do Not Call Registry FTC Registry Compliant Accredited” pre scrubbed names and numbers.
All purchased leads are exclusive 180 days: Lead Company receives new investor names monthly Client receives exclusive on each pre qualified lead.
Lead Company will guarantee 100% that the sales leads are clean and "un-hammered". Investors are pre qualified for project interest and investment size.
**FTC compliant: All investor leads are FTC-compliant and have been scrubbed against the national FTC do-not-call list.

IRA, 401K, 403-B specialist for alternative investment purposes; LLC, LLP, GP, SVP investments.

504 Reg D, 505 Reg D, 506 Reg D.

“Paid in Seed Capital” assistance for developers in conjunction with construction and development financing. Capital can be obtained through various channels including but not limited to equity share agreements from direct investments through a Limited Liability Company or Limited Partnerships, IRA investments and 1031 exchanges.

To Start:

• Executive Summary

• Business Plan

• Use of Proceeds with staged funding

• Proof of funds for down payment 1% to 10% equity cash reserve deposit

Access to public and private financing. Non-traditional money sources. Debt or equity financing strategies.

Specialties: Non-traditional money sources. Debt or equity financing strategies, real estate financing for construction and development projects. Stock loans on public securities for real estate investments.

Acting as a Financial Catalyst in the capital markets specializing in corporate finance and real estate experience. Specializing in commercial and hard money loans. REO Bulk sales and Performing and Non Performing Notes sales. Hard Asset Monetization and Investment Banking Services through Non-Traditional Financing sources. Debt or equity financing strategies, real estate financing for construction

Let me know how I can assist you and your clients. Consulting advisory services with a retainer commitment and success based percentage fee required.

My contact info is as follows:

LISA GORDON

Investment Banker-Mortgage Banker

DIRECT: 818-712-0092 (USA-PST)

Skype: CATALYSTDIVA

Email: FINANCIALCATALYST@GMAIL.com

http://www.linkedin.com/in/vertexpacifica

▶ Reply

Permalink Reply by Kristin Sian Shutler on March 5, 2013 at 10:43am

Walker Financial Consulting, LLC is a direct funding source that provides commercial real estate (short-term) funding for many multi-family projects (as well as many other types of projects) located in the USA and Canada. Our focus is more on commercial real estate that provides the necessary collateral needed to secure the debt along with personal guarantees. We have a common sense focus to underwriting and have been successful in closing deals as quick as 14 days to a little over a month. Our basic criteria is below:

Properties:                          Commercial Real Estate (pretty much all asset classes)
Locations:                           United States (all 50 states) and Canada (no true rural areas or vacant land)
Collateral Required:           Commercial Real Estate / Full Recourse
Loan Types:                        Purchase, Refinance, Rehab, Debt Restructuring and Ground up Construction
Loan Amount:                     $5M - $150M
Interest Rates:                    8% - 11%
Points:                                 3 - 5
Terms:                                 1 - 3 Years (Interest Only)
Prepayment Penalty:          None
Upfront Fees:                      None
LTV:                                      70% - 75%

The 30% - 25% needs to be in either cash, equity within the current project and/or cross collateralization of other owned commercial real estate projects
Project must be income producing
Principals must have 25% - 30% “skin in the game” for all ground up construction projects

If you are a project owner, a commercial real estate agent, a commercial banker or a mortgage broker, please contact us to help with closing your loan(s). We are focused on building long-term relationships that result in a win-win-win scenario.

Sincerely,
Kristin Sian Shutler
Director of Business Development
Walker Financial Consulting, LLC
407.758.3872
kshutler@walkerfinancialconsulting.com

Attachments:

BUSINESS PARTNER WITH WALKER FINANCIAL_Basic Criteria and Closing Loans_KSS.pdf, 367 KB

▶ Reply

Permalink Reply by David Merkin on March 8, 2013 at 10:04am

Over 90% of all our transactions are under $30 million. Each of our expertly trained mortgage brokers fully focuses on our clients’ diverse needs, such as assisting in completion of loan applications, or being readily available to discuss and analyze proposals from origination through closing.

Whether our team is servicing a loan on a $200 million multi-family portfolio or a $2 million apartment building, Eastern Union works diligently to achieve the best possible outcome at the best possible rates. We treat all financing needs with equal importance and apply the same personalized care, attention and dedication to every loan – regardless of the size. Our team is committed to negotiating every transaction detail – whether simple or complex -- to benefit our clients. No financing need is too big or too small, no deal is too simple or too complex.

Through the large volume of deals successfully negotiated and brokered annually, we have amassed an enormous amount of experience in a large variety of deals – and we are able to pass this experience on to our clients. The breadth and depth of our expertise and experience is unsurpassed at every level. We have seen and experienced it all -- every size deal, structure, property type, glitch or issue. It is precisely this experience, coupled with our solid relationships with a broad based number of lenders, which allows us to find our clients the most affordable financing the marketplace has to offer, avoid pitfalls and meet the specific needs of every transaction.

Website

dmerkin@easternuc.com

▶ Reply

Permalink Reply by LISA GORDON on March 8, 2013 at 12:15pm

GET SEED CAPITAL. Get IRA money for your USA projects.

Need down payment funds?

Build Your “Own” real estate investment fund!!

WOULD 5M-10M HELP GET YOUR PROJECT OFF THE GROUND?

Pay IRA investors 10% to 12% per annum.
Roll the funds over for five years with possible extensions.

Investor Relations expert since 1990. Get your real estate project funding qualified to accept IRA money within the same week. I do all the investor relations paperwork to move the funds. I do all the follow up to assure the IRA money is transferred to your account to fund your real estate project.

Qualified Accredited investors. **FTC compliant.** I will arrange for the Company to purchase “Pre Qualified” “Do Not Call Registry FTC Registry Compliant Accredited” pre scrubbed names and numbers.
All purchased leads are exclusive 180 days: Lead Company receives new investor names monthly Client receives exclusive on each pre qualified lead.
Lead Company will guarantee 100% that the sales leads are clean and "un-hammered". Investors are pre qualified for project interest and investment size.
**FTC compliant: All investor leads are FTC-compliant and have been scrubbed against the national FTC do-not-call list.

IRA, 401K, 403-B specialist for alternative investment purposes; LLC, LLP, GP, SVP investments.

504 Reg D, 505 Reg D, 506 Reg D.

“Paid in Seed Capital” assistance for developers in conjunction with construction and development financing. Capital can be obtained through various channels including but not limited to equity share agreements from direct investments through a Limited Liability Company or Limited Partnerships, IRA investments and 1031 exchanges.

To Start:

• Executive Summary

• Business Plan

• Use of Proceeds with staged funding

• Proof of funds for down payment 1% to 10% equity cash reserve deposit

Access to public and private financing. Non-traditional money sources. Debt or equity financing strategies.

Specialties: Non-traditional money sources. Debt or equity financing strategies, real estate financing for construction and development projects. Stock loans on public securities for real estate investments.

Acting as a Financial Catalyst in the capital markets specializing in corporate finance and real estate experience. Specializing in commercial and hard money loans. REO Bulk sales and Performing and Non Performing Notes sales. Hard Asset Monetization and Investment Banking Services through Non-Traditional Financing sources. Debt or equity financing strategies, real estate financing for construction

Let me know how I can assist you and your clients. Consulting advisory services with a retainer commitment and success based percentage fee required.

My contact info is as follows:

LISA GORDON

Investment Banker-Mortgage Banker

DIRECT: 818-712-0092 (USA-PST)

Skype: CATALYSTDIVA

Email: FINANCIALCATALYST@GMAIL.com

http://www.linkedin.com/in/vertexpacifica

▶ Reply

Permalink Reply by Peter Abraham on March 11, 2013 at 12:29pm

Amy, I have funding available:

Brand new equity based hard money loans for multi family, up to 65% of AS-IS value regardless of purchase price

So lets say you buy at $500K and its value comes in at $750K. Your loan would be 65% of the $750K or $487,500 giving you almost 100% of your purchase price. How's that for leverage!!

100k to 2M
6 to 24 months
10 to 15%
I/O- No PPP
4 to 5 total Points
Fast Closings
Min of 10% skin in the game required
Purchase & Rehab (NO ARV)
No Seller 2nds
No Credit Score Requirements

Peter Abraham
813 400-3537 office
pete@jeremacdevelopment.biz
www.jeremacdevelopment.us