Results 1 to 3 of 3
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11-14-2018, 10:24 AM #1
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
Looking for 2nd position hard money lender in NY
I am looking for a second position loan, he owns a building that has a first of $910k held by a bank, and a hard money loan of 250k at 14%, has a year left on it.
Credit is around 600.
Property is worth $3.1 mill
He has 3 retail business downstairs, 2 of which are month to month and pay $2100/month. He owns a business in the third location.
He has four apartments upstairs. None of which are rented.
He is using the money to remodel the upstairs apt.
Looking for 450k total, 9%-12%, 4% origination fee. I would like to make 50 bp to 1%.
Send me an emial if you think you can work with this.
matt at goaheadfunding dot comI put my contact info in here, and
was bombarded with spam from funders
if you need to reach me PM me
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11-14-2018, 11:33 AM #2
- Join Date
- Jun 2016
- Posts
- 416
I'd buy out the second probably. Send me a private message.
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11-14-2018, 11:42 AM #3
- Join Date
- Dec 2013
- Posts
- 4,713
I started writing we are the 2nd largest "Super" Subprime MCA Funder but then realized that was not the question !
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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