Hard money - longer term?
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  1. #1
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    Hard money - longer term?

    Any suggestions on longer term hard money? or at least stated/no doc, low ltvs under 65% (multifamily and commercial)

    longer than 1-3yr

    Trying to setup my exit-strategies on the book I build now of 1-2 year deals.

  2. #2
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    Quote Originally Posted by CFSCCorp View Post
    Any suggestions on longer term hard money? or at least stated/no doc, low ltvs under 65% (multifamily and commercial)

    longer than 1-3yr

    Trying to setup my exit-strategies on the book I build now of 1-2 year deals.
    You can try Velocity Mortgage. I may know some additional options, but would need to hear more about the deal. Where are the transaction(s), are they they looking for $500M, or $5MM, etc?

  3. #3
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    There are several lenders in addition to Velocity that offer 25-30 year amortizations with 3 year adjustables less than 10%

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