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03-29-2018, 03:24 PM #1
Property Management but owns the property
Have a merchant who does property management but owns the property. 705 credit, 540K in revenue on the property management side of the business last year, and the appraised value on the commercial property is over 1M. SBA I am assuming is out the picture because of the industry type while owning the property. Merchant is looking for 160K, anyone have any idea of how to tackle this?
Eagle Funding Group
Phone: (646) 793-6809
Email: info@eaglefundinggroup.net
Web: www.eaglefundinggroup.net
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03-29-2018, 06:20 PM #2
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 730
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03-31-2018, 10:47 AM #3
Either bridge loan or stated income!
Is the property owned free n clear? If not, whats the lien balance?Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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04-02-2018, 02:16 PM #4
- Join Date
- Dec 2013
- Posts
- 4,713
Mantis has been funding the real estate brokerages and management related companies ...
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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