Seeking 80% LTV on commercial investment property in Boston

[Stephen Riley]

Looking for 80% LTV on a small balance investment commercial retail unit in Boston. Loan balance required is $135k. Mid-FICO 725. New construction, last unit to be sold in 8 unit mixed use condo building.

[Marcus Simpson]

Stephen,

Marc Simpson here with Peak Choice Capital. We offer direct finance for various commercial and residential purposes. We have recently expanded our rehab financing and are very proud of what we are now going to be offering for investors throughout the country except in Vermont and Nevada as we still do not finance those locations.

Loan Amount: $50K-$2M
LTV: Up to 80% of the as-is value or the purchase price, whichever is lower
Rates: 12%
Points: 4%-6%
Term: 12 Months
Collateral: Non-Owner Occupied Real Estate Only
Closing: 10 Business days
Loan Type: Single Family, Multi-family, Bridge Loans, Real Estate Acquisition, Short sales, Construction Loans, REOs, and Bank-Foreclosed Properties

Required Documents:
Most recent 2 years Tax Returns
Purchase & Sales Agreement
Proof of Cash Reserves(Examples: Most recent 2 Months of Bank Statements, self directed 401k, Investment Fund, Attorney Escrow Account, Profit Sharing Plan)
Personal Financial Statement 
Appraisal Nation Payment Authorization Form 
Break Down of the Rehab Work being done (include estimated costs)

If these terms can be met, please advise. We would like the opportunity to review your file.

Regards,

Marc Simpson

[e-mail]

www.PeakChoiceCapital.com
www.linkedin.com/in/marcsimpsonpeakchoicecapital/

Phone: 

[phone]

Fax: [phone]

Skype: EmpoExpo

[Winston Rowe]

WINSTON ROWE & ASSOCIATES WEB SITE

We have national commercial real estate financing solutions.

We may be able to help you.

Check us out on line when you have a moment

[Ron Coleman]

Stephen we can offer 90% LTV for this project.  See below:

MICRO LOAN PROGRAM - $100K-$900K

To start we need a mutual NDA completed, executed and returned by all parties to the project.  Additionally, once we know the sector of the funding request i.e. Energy, Technology, Mining, Real Estate or Business we will provide a questionnaire that must be answered in detail and return which helps to access risk factors and determine our interest.   We are fully transparent and provide all the information for principal to make an intelligent decision on doing business with us.  If the project has merit with strong principals, a very good plan, the principal has enough liquidity to support their project and are honest and cooperative we have an interest and can normally get them through our in-house underwriting to funding.

 

Required Documentation: (for submission)

The following documents will be necessary to successfully underwrite and fund your project:

• 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
• Proof of funds spent to date in the project and 2 month bank statements showing reserves

 We will need you to show proof of funds invested to date in the project (if applicable), liquidity (cash in hand) to pay for third party expenses which includes an application and due diligence and engagement charge.  This is not upfront but after they receive an expression of interest in writing from the lender and after a call and information provided on the lender for their due diligence. 

 

Client will need minimum of 640-720 credit score.  Our LTV is 80% - 90%; Terms are 5, 7, 10, 15 or 20 years; Interest is bank rate or better (we are not a hard money lender).  Normal timeline to close is 30-45 days but is client dependent.

 

(The following remark is not intended to offend but stated because of so many request from those who believe that all cost can be paid from closing proceeds):

 “If there are no funds available to cover project cost and principals expects the lender to pay the necessary cost to determine if the project is lendable, close and fund the project and get their expenses from the loan proceeds then no one I know of can help you.”   I have 27 years experience in this industry and have never seen that happen with lenders in the US, Western Europe or anywhere else.

 

Ron Coleman

NEPCO, INC - GLOBAL CONSORTIUM - FUNDING FOR PROJECTS AND ASSETS IN THE ENERGY, TECHNOLOGY, MINING, BUSINESS AND REAL ESTATE SECTORS

770-572-7765        [e-mail]  nepcoinc1 -Skype

[Butch Wells]

We're ready to fund YOUR deal ASAP!

And if you're not already aware... July and August
are Great months to invest in real estate. Kids are out
of school, Banks are off-loading these assets to make their
books look prettier and investing in real estate now means
you'll be able to repair your investment just in time to flip your
property this summer--the best time to sell!

Take advantage of this AWESOME market today:
http://privatemoneyexchange.org/aff/bwells

Our Special Private Money Financing Program Includes:

- 100% funding success rate for deals that meet our
criteria
- Funding for both large and small loans amounts
- Longer term loans for rehab and cash flow deals
- No upfront fees to submit deals
- Cross-collateral or partnerships on higher LTV loans
- Financing on seller-carry hybrid deals

WE'RE THE ONLY FULL-SERVICE LENDER IN THE
INDUSTRY

As far as we know, we're the only full-service private money
platform where we help you through the ENTIRE deal from
funding to closing... meaning you DON'T have to make any
awkward phone calls to strangers for funds or worry about:

- Drafting Documents
- Pulling Huds
- Pulling Title

Just find the great deal, get us the info, and we'll do the
rest for you!

All you have to do to start is visit us here:
http://privatemoneyexchange.org/aff/bwells

Get Funding Now to make more money, more often the
rest of this year!

Happy Investing,
Butch

P.S. Go Here to receive the Real Estate Encyclopedia: http://PMEFunding.com
this will allow me to keep you on my Funding/Lending mailing list!

[1wz86l11ixcum]

Am a private lender willing to work with you, Contact me to visit the company website for more info on direct funding, asset protection, credit repair, business solutions and much more. Email#  [e-mail]

[Steve Smart]

Need a Loan? - We Are Here to Help! Contact Us

Have you been looking for financing options for your new home purchase, construction, real estate loan, refinance, debt consolidation, personal or business purpose? Welcome to the future! Financing made easy with us. Contact us as we offer our financial service at a low and affordable interest rate of 3% for long and short loan term.Interested applicant should contact us for further loan acquisition procedures at [e-mail]