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  1. #1
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    Seconds on Commercial Property

    I have a commercial property deal that needs a second as the first has a hefty PPP on it. Anyone do these? What are min req's? Please email me or reply to this post. Do Not PM.

  2. #2
    Senior Member Reputation points: 54
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    Quote Originally Posted by aak723 View Post
    I have a commercial property deal that needs a second as the first has a hefty PPP on it. Anyone do these? What are min req's? Please email me or reply to this post. Do Not PM.
    We can facilitate 2nds on commercial properties

    - up to 75%

    - these are not cheap but beat paying off a 1st to grab some cash ( 15-16% )

    - LENDER WILL NOT ORDER ANY 3rd party reports ( saves the borrowers cash )

    - Fund typically as soon as the inter creditor agreement comes in

    - $1MM and up. ( exceptions on a case by case basis)
    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

  3. #3
    Banned Reputation points: 12
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    Anthony Auriemma
    732-552-5010
    Bilderberg Business Lenders

  4. #4
    Senior Member Reputation points: 16709
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    Jul 2014
    Location
    Jackson Hole Wy
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    Quote Originally Posted by aak723 View Post
    I have a commercial property deal that needs a second as the first has a hefty PPP on it. Anyone do these? What are min req's? Please email me or reply to this post. Do Not PM.
    Depends on the property type and the cashflow. But if 65% max 75% with strong cash flow this 2nd can be done.

    Ben Zuniga
    Bzuniga@omegafund.com

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