Results 1 to 4 of 4
Threaded View
-
08-13-2014, 02:09 PM #1Member
Reputation points: 43
- Join Date
- May 2014
- Posts
- 57
Seeking Commercial Hard Money willing to take 2nd Position/<60% LTV
I have a Deal on a $4M Commercial Building that currently has a SBA 1st on it at roughly $1.7M and has a $250,000 Hard Money 2nd.
The Client wants to pay off the $250K Second as it is owed to a friend, and pull an additional $350K to $400K to fund a development project he has going. Essentially he needs a total of $650K to $700K as a 2nd.
Direct Lenders Only! NO BROKERS!
Reply With QuoteSimilar Threads
-
Seeking Funding Expert -2nd position or not?
By AERO2020 in forum Merchant Cash AdvanceReplies: 20Last Post: 03-27-2017, 12:47 PM -
Hard Money Biz Loan
By 1StopFunding in forum Business LoansReplies: 1Last Post: 03-30-2014, 08:29 PM -
The Hard Thing About Hard Things
By JayBallentine in forum Everything elseReplies: 0Last Post: 02-14-2014, 06:38 PM -
Hard Money Commercial Mortgage
By mfs01 in forum Merchant Cash AdvanceReplies: 6Last Post: 11-14-2013, 06:37 PM -
Need Hard Money Lender for 800k Property Purchase
By Quickfunder in forum Merchant Cash AdvanceReplies: 8Last Post: 04-12-2013, 09:52 AM
