Seeking Commercial Hard Money willing to take 2nd Position/<60% LTV
Need a Funder or Vendor? START HERE

Results 1 to 4 of 4
  1. #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!

  2. #2
    Though I'm not a direct lender, I have some sources that should be able to do this. If you need help, PM me.

  3. #3
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
    Join Date
    Oct 2014
    Location
    New York
    Posts
    385

    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

  4. #4
    Member Reputation points: 10
    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
    433 N. Camden Drive
    Beverly Hills, CA 90210
    (888) 405-9264 Office
    (888) 405-9264 Fax
    mark@crowd-lender.com

    Follow me on Twitter: http://twitter.com/crowdlender
    Join my network on LinkedIn: http://www.linkedin.com/in/crowdlender
    Become a CrowdLender Fan on Facebook: http://www.facebook.com/crowdlender

    This message may contain confidential and/or privileged information. If you are not the addressee or authorized to receive this for the addressee, you must not use, copy, disclose or take any action based on this message or any information herein. If you have received this message in error, please advise the sender immediately by reply e-mail and delete this message. Thank you for your cooperation.

Similar Threads

  1. Seeking Funding Expert -2nd position or not?
    By AERO2020 in forum Merchant Cash Advance
    Replies: 20
    Last Post: 03-27-2017, 12:47 PM
  2. Hard Money Biz Loan
    By 1StopFunding in forum Business Loans
    Replies: 1
    Last Post: 03-30-2014, 08:29 PM
  3. The Hard Thing About Hard Things
    By JayBallentine in forum Everything else
    Replies: 0
    Last Post: 02-14-2014, 06:38 PM
  4. Hard Money Commercial Mortgage
    By mfs01 in forum Merchant Cash Advance
    Replies: 6
    Last Post: 11-14-2013, 06:37 PM
  5. Need Hard Money Lender for 800k Property Purchase
    By Quickfunder in forum Merchant Cash Advance
    Replies: 8
    Last Post: 04-12-2013, 09:52 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Lendica partners w/ EBizCharge
Pipe plans to fund $1B to SMBs
URBN partners with Stripe


DIRECTORY