[iworkcapitalfundingLLC]

Hello,

Please shoot me an email at fei@iworkcapital.com or pm here.
Looking to finance out a free and clear buidling in Queens, New York. Looking for rates closer to low 4%.

Great NOI, Market value at least 1.3M
50-60% LTV is fine. DSCR for that is ~1.4 for a 30 year @4.5%

[RichardGerard]

You're asking for straight bank rates for Commercial Properties- and the rates you're asking for are aggressive. We work with Santander, Empire National, M&T, Peoples United, First National Bank of LI, Citizens- among others in this area of the country.

I suggest speaking to a bank. They will likely not work off Cap X- but if they like the comps they will be as competitive as they can be... With the rates you're seeking you will likely NOT see YSP.

RG

[NickHubbard]

Richard is correct with this one!

[creloan]

Depends on the property type #1.

Acquisition, rehab or refinance loans

Interest rates start at 4.9%

Apartments, condos, town homes, and SFRs. Min loan size $500k.

We can offer both recourse and non-recourse loans.

We can also do multiple asset types under one loan - blanket / portfolio loans.

For office buildings there's insurance port $ close to that 4% also.