Results 1 to 8 of 8
-
03-18-2024, 03:25 PM #1Member
Reputation points: 54
- Join Date
- Mar 2017
- Posts
- 23
Hotel Looking for a 2nd Lien Bridge Loan
I have a borrower looking for a 2nd lien position on a motel in Washington state.
As is vale $3m, 1st lien balance $700k fico 600 looking for $250-$300k bridge.
Point me in the right direction please
-
03-18-2024, 04:58 PM #2Senior Member
Reputation points: 68639
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,161
reaching out to my lender to see if he can do motel and that Fico.
Steve Benjamin
Professional Business Loans
1012 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
-
03-19-2024, 09:47 AM #3Senior Member
Reputation points: 68639
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,161
Fico too low.
Originally Posted by Olderguy
Steve Benjamin
Professional Business Loans
1012 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
-
03-20-2024, 12:07 PM #4Senior Member
Reputation points: 29542
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 437
I'd be interested but I'd have to take out the first position as well. Originally Posted by KingCapBoom
Midwestern Financial Solutions
CEO
Office - (954) 694-6402
email- Info@midwesternfinancialsolutions.com
MidwesternFinancialSolutions.com
Where your box ends ours begins.
https://www.linkedin.com/company/mid...ial-solutions/
linkedin.com/in/brandon-cooper-426615267
-
03-21-2024, 04:00 PM #5Member
Reputation points: 10
- Join Date
- Feb 2024
- Posts
- 8
This may be something we can do. Please get in touch. Originally Posted by KingCapBoom
Michael Ross
Senior Portfolio Manager
Fyncap Inc.
New York, NY
Mross@fyncap.com
646-360-0411Last edited by FyncapSubs; 03-21-2024 at 04:07 PM.
-
03-24-2024, 11:00 AM #6Member
Reputation points: 10
- Join Date
- Dec 2021
- Posts
- 5
motel in washington
i will contact you on Monday my email edwardsg@ptd.net we do hotels! Originally Posted by KingCapBoom
-
03-26-2024, 11:23 PM #7Noob
Reputation points: 10
- Join Date
- Jul 2023
- Posts
- 1
This is concerning the subject: Hotel looking for a 2nd Lien Bridge Loan, I may have a solution to your problem. Please contact me at reginald@loanfather.com.
Thanks
loanfather.com
419-531-8433
-
03-27-2024, 05:52 AM #8Senior Member
Reputation points: 1755
- Join Date
- Oct 2022
- Posts
- 266
Not a problem over here can take it to a family office possibly.
Elon Henek
HCI - Glen Cove, NY
Main: 1-516-676-1854
Cell: 1-516-236-4086
Reply With Quote
Similar Threads
-
Bridge Loans in California - What is a Bridge Loan?
By North Coast Financial in forum PromotionsReplies: 3Last Post: 01-18-2024, 01:57 PM -
Hotel Loans - Acquisition, refi, construction, PIP, bridge USA including Puerto Rico
By creloan in forum PromotionsReplies: 0Last Post: 09-26-2021, 02:58 PM -
Hotel looking for Term Loan
By SRS in forum Deal BinReplies: 6Last Post: 08-17-2021, 02:42 PM -
Hotel looking for collateral loan / advance of 1.1 m
By jjdcnetrex2 in forum Deal BinReplies: 3Last Post: 05-21-2018, 08:09 AM -
2 Mil Company with owner tax lien seeking bridge financing
By danra in forum Deal BinReplies: 6Last Post: 07-07-2015, 11:32 AM
