Commercial Bridge Loan Needed

[Shalimar Santiago]

Note is maturing need a bridge loan to accommodate potential sellers request.  Commercial property that consists of 3 Folios on a city block on Waters Ave in Tampa, FL.  Property appraiser records are below for further details on parcels: 

233 W Waters Ave - Folio 100097-0000 http://www.hcpafl.org/CamaDisplay.aspx?OutputMode=Display&Searc... 3 Commercial offices including 12 parking spots completely renovated over $80K in renovation

221 W Waters Ave - Folio 100095-0000 http://www.hcpafl.org/CamaDisplay.aspx?  OutputMode=Display&Sea... 3 Commercial retail spaces including 20 parking spots, cosmetic repairs done 

237 W Waters Ave - Folio 100098-0000 http://www.hcpafl.org/CamaDisplay.aspx?OutputMode=Display&Searc... Vacant Lot 

The property will currently appraise at $650,000 we have it listed for $795 on Loopnet click here for listing

Re-fi amount will be $350,000 to cover note payoff.  Looking for a 10%-12% Interest Only Note for 12-24 Months.  The parcels can be broken up and the loan can be split up individually by parcel in the following manner:

233 W Waters Ave - $200k

221 W Waters Ave - $100k

237 W Waters Ave - $50k

This way it will be easier to sell this way as we have already received offers on the individual parcels specifically at 221 W Waters we have a lady interested in buying it for $225k today but the original note holder didn't want to split them up.  

Please email me terms & conditions to [e-mail]

[Ken and Ari Walker]

Hello, as I am only licensed for state of California I can't do these loans, but I have a long time buddy of mine who is a Broker in Clearwater, Florida and he offers Hard money loans: Scott Chinchar of Clearwater, Mortgage.  800-308-6766.  His website is www.clearwatermortgage.com

Good luck. 

Best, Forest - The Guy in the White Hat

[Ken Hall]

Shalimar,

Please send me more details. My email is [e-mail]

Thanks,

Ken

[Peter Abraham]

Hi Shalimar, I am in Tampa also, I have a lender that may fund your deal:

 

 

HARD MONEY

 

Loan amounts from 15k and up

Rates from 10-15%

65-80% loan to value on  investment purchases 

50%  on cash out refi loans

 Credit not a factor (unless refinance is your exit strategy)

Must show 3 months reserves in the bank on all loans

Seller seconds allowed

100% asset based loan – all based on the property appraisal

We will accept outside appraisals no older than 90 days old at time of closing

NO UPFRONT FEES

[DorianBaker]

Shalimar,

 email me your contact info so we can discuss your options that is if you are still looking for funding

[e-mail]

[Jonathan Casillas]

[Ferid ISMAIL]

Hi Shalimar,

I hope you do well,

would you send me details of your request for our review,

[e-mail] // [e-mail]

Kind regards,

Ferid

[Arjen Smit]

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Broker’s information:

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Go to our Website B.J.Enterprises. http://www.bjenterprises.net  for Company information or e-mail [e-mail]

[Jeffrey Freis]

Jeffrey B. Freis Associates, Inc. is a private investment bank with an active real estate financing division. Send me the package.

Jeffrey B. Freis, President

Jeffrey B. Freis Associates, Inc.

Tel: [phone]

Fax:[phone]

Email: [e-mail]

www.jbfreisassociates.com

[Felix Lopez]

Shalimar,

 

Good afternoon. My name is Felix and I am a Finance Specialist. We can help you.

Call my partner Courtney Lawrence and she will talk to you about the kinds of funds we provide. Also go to our website. For any questions please to hesitate to reach us.

Courtney Lawrence:

Phone:  [phone] | Fax:   [phone]

Email: [e-mail]

Website: www.financeneeds.com/7397