[CHAMP3]

Does anyone know or have a true Commercial Real Estate finance option or company they could recommend?

Thank you in advance.

[SBuchholz]

I can help you out on a Commercial real estate deal, we're a direct wholesale lender. Just sent you a pm, or contact Scott at 215-619-2543.

[J.Celifarco]

We can also help with any Commercial Real Estate deals you have

[Jstarr]

We Love commercial, everything except industrial. the difference between us and velocity is we dont require Enviromental.

[RichardGerard]

Champ,

There are several folks here that can help.. Mr. Buchholz's firm does stated income loans (typically up to $1M- unless that's changed)..

Need to show 1.2 DSCR and have a guarantor with a 650+ FICO.. Several other firms do the same (others have lower FICO requirements.

What people learn swiftly however is that RE deals take time (appraisal, Title, paperwork gathering etc.), and tend to not pay nearly what the MCA deals do.

If you want to invest the time to do these for yourself I suggest going to scotsmanguide.com. If not contact any of the folks here for help.

[seanedeska]

This should be an easy one to do with SBA 7a or SBA 504. For 7a you can expect 600 personal credit requirement and DSCR 1:1.1 requirement. This will get you to prime +2%. Depending on industry, you can get prime + 1%. SBA 504 will allow fixed rates, 650 personal credit and DSCR will be 1:1.25. You can check out our company https://gosbaloans.com and we will provide a 50% commission split.

[SBuchholz]

Champ,

There are several folks here that can help.. Mr. Buchholz's firm does stated income loans (typically up to $1M- unless that's changed)..

Need to show 1.2 DSCR and have a guarantor with a 650+ FICO.. Several other firms do the same (others have lower FICO requirements.

What people learn swiftly however is that RE deals take time (appraisal, Title, paperwork gathering etc.), and tend to not pay nearly what the MCA deals do.

If you want to invest the time to do these for yourself I suggest going to scotsmanguide.com. If not contact any of the folks here for help.

Thanks for the mention Mr. Gerard! Yes, we do have a DSCR mimimum of 1.2 on Non-Owner Occ commercial properties, can go down to 1.0 on Owner Occ for Business Purposes on commercial. No DSCR on Investor 1-4 units. We can lend up to $1.5m on Residential sfr's/condo's, $2m on 2-4's and $5m on Commercial. All stated income, no tax returns or debt to income.