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06-19-2018, 05:16 PM #1
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- Aug 2017
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Equity Deals ANYONE?
I have a guy who has 9 properties all recently appraised at a total of 30mil and owes 13mil to banks. He's only looking to leverage 2.5 million to purchase 2 strip malls. Who can help with this?
Thanks in advance
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06-19-2018, 05:27 PM #2
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- Dec 2013
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http://www.meridiancapital.com/our_firm/partners
tell Ralph i say hi !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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06-20-2018, 01:10 AM #3
Reputation points: 3824
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- Oct 2014
- Posts
- 257
Does his first allow him to take a second or does this have to be pref equity? Shoot me an email we can possibly do this in house. Henry@suttonfunding.com
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06-20-2018, 11:19 AM #4
Reputation points: 227883
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- Feb 2017
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Why do you need equity? Is it that the borrower doesn't want to actually re-fi any of the properties?
Is the client looking for hard money or long-term rates?
Send me an email, we can discuss some ideas. For example, I've got an $8mm industrial facility cash-out re-fi I just found an offer for 6% for 5 years fixed at 30 year amortization.
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06-20-2018, 12:50 PM #5
1st position if too large for someone to take a second other than banks or institutional investors.
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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