Results 1 to 7 of 7
-
11-29-2018, 09:20 PM #1
Reputation points: 203690
- Join Date
- Jan 2014
- Posts
- 1,374
Real Estate - 34mill
have client owns large piece of property in Florida. Its worth 45mill currently has balance on hard money loan of 14mill would like to get rid of that and net another 10mill on top to complete construction. Always has buyers with executed contracts to purchase for 56mill. As this is not my space if any lender can do something like this please pm
-
11-30-2018, 08:05 AM #2
Reputation points: 338677
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,485
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
-
11-30-2018, 09:29 AM #3
Reputation points: 11375
- Join Date
- Jun 2016
- Location
- Tampa, FL
- Posts
- 180
-
12-25-2018, 05:52 PM #4
Reputation points: 10
- Join Date
- Jul 2015
- Posts
- 1
1.What is your client trying to accomplish? )2. Your client has a hard money loan what is interest rate is he paying )3. What is your clients credit score. Your client does he want to refi int a convertional instrument? My firm is in New York. I am managing director for real estate firm that arranges financing for real estate development projects. If you email me your clients financials i review them and give you my answer. Review list:
1. 1003 Business purpose commercial loan application
2. Purchase Agreement
3. Budget
4.Two years Business Taxes returns (2016-2017)
5 Operating Agreement
6. Secretary of State Incorporation
7. Copy of Drivers License
8.Tri-Merge-Credit Report
9. Two Years personal Tax Return (2016-2017)
10. Debt Schedule
11. Business bank statements last 6 months
12. Certificate of Good Standing
-
12-27-2018, 01:26 AM #5
Reputation points: 18402
- Join Date
- Apr 2014
- Posts
- 781
He isnt getting more money from original lender...
-
12-27-2018, 07:17 AM #6
Reputation points: 503040
- Join Date
- Oct 2016
- Posts
- 4,318
-
12-27-2018, 05:28 PM #7
Similar Threads
-
real estate
By TMR in forum Deal BinReplies: 5Last Post: 08-09-2016, 02:16 PM -
Real Estate Loan
By AidanQS in forum Deal BinReplies: 7Last Post: 05-16-2016, 11:53 AM -
Real Estate
By csichoice in forum Deal BinReplies: 8Last Post: 05-05-2016, 08:13 AM -
Real Estate guy in need of ~20k
By Michael Jagiello BGF in forum Deal BinReplies: 4Last Post: 03-30-2016, 05:56 PM -
Real Estate
By edobesh in forum Deal BinReplies: 5Last Post: 12-30-2014, 03:32 PM