Results 1 to 5 of 5
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10-02-2019, 04:40 PM #1
- Join Date
- May 2019
- Posts
- 12
Real estate backed loan
I have business in SC looking for a refi.
He owns the building and land outright (says worth 2.5MM no appraisal current)
Has a construction loan at 12% with interest only payments of $7,800/month with a balance of 750K. He is looking for 850K to pay off the construction loan and clear some cash flow money.
Any real estate backed lenders here?
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10-02-2019, 05:09 PM #2
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 727
He owns the building and land outright but has a construction loan on it??
Are these separate properties?
Should be Easy deal if free and clear with our investors . Just depends on property type in city
Contact for more details
Benjamin Zuniga
Bzuniga@omegafund.com
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10-02-2019, 11:46 PM #3
- Join Date
- Sep 2019
- Posts
- 9
Give me a call or shoot me an email. 5 Arch Funding, direct private mortgage lender for Experienced Real Estate Investors. We originate over $1B in loans annually. 5 Arch Funding is a subsidiary of Redwood Trust 'RWT' (NYSE).
We work with Brokers!
Jayson Glick
VP Sales
5 Arch Funding Corp.
W (949)404-1945 C (561)317-9464
E jayson.glick@5arch.com
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10-03-2019, 11:26 AM #4
- Join Date
- Mar 2016
- Posts
- 123
We can co broker it with you.
Bridge refi cash out in 2-3 weeks.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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10-10-2019, 03:51 PM #5
Free and clear, yet has a payoff... not following. Contact me and let's discuss.
No tax returns, borrower generated P&Ls only.Criton Capital, LLC
12508 W. Atlantic Blvd
Coral Springs, FL 33017
Tel: 786-210-5557
Fax: 786-228-0884
loans@critoncapital.com
www.critoncapital.com
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