Two Real Estate Deals
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  1. #1

    Two Real Estate Deals

    Two deals:


    Property I

    Approx 5 acres
    2 - 2 Unit Apartments for rent
    Two warehouses in front
    Zoned: MG12

    Valued: 1.2MM
    Loans: Less than $100k )private money

    Seeking: $200k

    ------------------------------------------------------

    Property II

    2.2 Acres
    Nightclub/Strip bar - sales at $1MM annually
    Zoned: MG-MG12
    Appraisal: $5MM
    No liens

    Seeking: $2.8MM
    Partner Buyout

    **Initially was going to go to Southend Capital but hear they are brokers....

    Anyone know of a good lender/private investor...or if they have worked with SE?

  2. #2
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    We can do both. We refer all real estate deals to our partner American Commercial Bank. They send us all business funding deals and we refer them all real estate deals. We can fund both deals directly with the bank.
    Send them on over.

    Alex
    lendrzHub.com
    855-262-2996

  3. #3
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    Quote Originally Posted by CashCat View Post
    Two deals:


    Property I

    Approx 5 acres
    2 - 2 Unit Apartments for rent
    Two warehouses in front
    Zoned: MG12

    Valued: 1.2MM
    Loans: Less than $100k )private money

    Seeking: $200k

    ------------------------------------------------------

    Property II

    2.2 Acres
    Nightclub/Strip bar - sales at $1MM annually
    Zoned: MG-MG12
    Appraisal: $5MM
    No liens

    Seeking: $2.8MM
    Partner Buyout

    **Initially was going to go to Southend Capital but hear they are brokers....

    Anyone know of a good lender/private investor...or if they have worked with SE?
    Try Grand Capital, they post on here often im sure their contact info is around...or Dan Page
    Joseph Boyle
    Skyline Funding
    Joseph@Skyline-Funding.com

  4. #4
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    Quote Originally Posted by AlexP View Post
    We can do both. We refer all real estate deals to our partner American Commercial Bank. They send us all business funding deals and we refer them all real estate deals. We can fund both deals directly with the bank.
    Send them on over.

    Alex
    lendrzHub.com
    855-262-2996

    American Commercial Bank shows as inactive.

  5. #5
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    Property 1
    From what I understand, Southend is only sometimes the brokers. They originate the loan (do all the underwriting) and sell the loan package to a bank to service and fund. They have their fees and let you add on points. That's not called brokering, but they're not always the "direct lender."

    Of course, "direct lender" might also mean "direct syndicate." As long as you make your points, who cares? If you can't get the deal done without help, so let someone help!

    $200,000 on hard money on such a property sounds easy, generally speaking they will need first position. What state? If it's California or NY, I know where to go to get a 2nd.

    Hard money lenders are easy to come by, just do a search on Scotsman's Guide and shoot out some emails.

  6. #6
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    American Commercial Bank is very much active. It is listed as TDA Capital, DBA American Commercial Bank.
    Call us for all real estate deals.

    Alex P

  7. #7
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    License number 01811734

  8. #8
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    Get in touch with Dan Page. dpfund is his handle on Daily Funder I believe. He can wrap this up for you quickly.

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