Results 1 to 8 of 8
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06-16-2017, 03:44 PM #1
$400,000 Commercial Purchase in NY @ 90% LTV. Who Can Do This?
Anybody know lenders who will do 90% LTV on a commercial purchase?
Credit of the borrower is 740.
Property is located in NY
Reason the borrower requests 10% is because he injected much cash into a recent property acquisition overseas, for a new resort project.
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06-16-2017, 04:50 PM #2
- Join Date
- Apr 2014
- Posts
- 781
God
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06-16-2017, 05:18 PM #3
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06-16-2017, 09:25 PM #4
- Join Date
- Apr 2014
- Posts
- 781
Get him.line of.credit..depends on inquiries etc. Not going on to.90.percent ever..lender needs room.if it doesn't pay.
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06-19-2017, 06:04 PM #5
What exactly is this commercial building? Will he operate his business from the building (owner user)?
Criton Capital, LLC
12508 W. Atlantic Blvd
Coral Springs, FL 33017
Tel: 786-210-5557
Fax: 786-228-0884
loans@critoncapital.com
www.critoncapital.com
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06-26-2017, 01:43 PM #6
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06-28-2017, 12:38 PM #7
- Join Date
- Jun 2017
- Location
- 1306 Carroll St New York
- Posts
- 11
Would you take 85%? if so PM me, lets talk options.. I can maybe do something about the 5% but no promises
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06-28-2017, 12:42 PM #8
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
The Government can and will
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