Commercial Construction for Propertyin Texas
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  1. #1
    Senior Member 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.

  2. #2
    Senior Member 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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