Results 1 to 4 of 4
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08-13-2014, 02:09 PM #1
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!
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08-14-2014, 12:22 PM #2
- Join Date
- Aug 2014
- Posts
- 28
Though I'm not a direct lender, I have some sources that should be able to do this. If you need help, PM me.
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10-03-2014, 09:49 AM #3
Edited
Last edited by Eagle Funding; 06-26-2015 at 01:26 PM.
Eagle Funding Group
Phone: (646) 793-6809
Email: info@eaglefundinggroup.net
Web: www.eaglefundinggroup.net
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10-03-2014, 03:07 PM #4
- Join Date
- Jul 2014
- Location
- Beverly Hills, CA
- Posts
- 6
Depending on what state it's in, the asset type (needs to be either a multi-family, office or retail building) and it's current appraisal value we could take a look at a 2nd TD and quickly give you a yes or no.
- Mark
Mark Brown
COO
CROWDLENDER
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