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08-26-2019, 12:17 PM #1
Reputation points: 752
- Join Date
- Apr 2014
- Location
- Chicago, IL
- Posts
- 185
Commercial Construction for Propertyin Texas
Non income producing *vacant* property currently in construction in Texas.
Bought for $200K in January in cash.
borrowers put $150K in it already.
Need another $100K to finish.
Borrower has a home he's putting on the market with $400K of equity to pay off the bridge loan.
Please email me directly. Current lender thought he could do it but ran into a full stop when he realized that contractors worked on the property without putting liens on it.
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08-27-2019, 02:51 PM #2
Reputation points: 54
- Join Date
- Mar 2016
- Posts
- 124
emailed you.
I'd have called but your site didn't load for us and no number in your sig,Mike Lewis - commercial real estate loan broker / owner
No up front fees loan broker
Commercial real estate loans: Acquisition, refinance, construction and FAST bridge loans from $200k +
tel/voicemail: 937-964-5355
cell/voicemail: 440-637-5646
corporate email: mikelewis@michaellewisgroup.com
www.linkedin.com/in/cigarmike
Veteran Owned
WE CO-BROKER with an even 50/50 split and we both get paid by wire at close.
We issue a combination mutual NDA / fee split, you introduce your CRE clients to us stating simply we handle your commercial real estate loans, we take it from there and keep you in the loop. When a loan you referred closes, you get paid at close by wire.If you can work with that please do not hesitate to contact us. Our loan forms are vanilla with no company name.
Michael Lewis Group Commercial real estate loans
http://michaellewisgroup.com/index.html
Loan Matrix
Forms
About Us
Discounted cell phone plans starting at $15 / month. AT&T from $30/mo, T-Mobile from $15/mo, Verizon from $35/mo.
http://arthodyd.com/d.html
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