Commercial Real Estate Loan
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  1. #1
    Senior Member Reputation points: 23702
    Join Date
    Jul 2014
    Posts
    1,746

    Commercial Real Estate Loan

    I need someone who does loans tied to commercial real estate. I have a good relationship with this merchant, and let me stress, I am looking for a direct lender. If we get to the table and the final docs have any lender name at the top other than yours, the deal won't get signed I assure you, so please don't waste your (and more importantly my) time if you are a broker.

    The good part is we have a recent appraisal for $270K, he's only looking for about $50K, and are you ready for this: it's free and clear and I have the deed to prove it.

  2. #2
    Senior Member Reputation points: 16709
    Join Date
    Jul 2014
    Location
    Jackson Hole Wy
    Posts
    726

    Find a local private investor if you need only $50k. Most nationwide hard money direct lenders will not bother with anything less than $250,000.

  3. #3
    What kind of cash flow is the business doing per month? This sounds like it fits right up our alley.

    Chris Pepe
    cpepe@wbl.com

  4. #4
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    I'm amazed when I read about brokers denigrating other brokers.
    FUNd probably sells their services by selling their experience, contacts and ability to get the job done but must think other brokers can't or looks for help here and wants a free ride.
    Bob Shaw
    734-929-3800

  5. #5
    Senior Member Reputation points: 3824
    Join Date
    Oct 2014
    Posts
    257

    Commercial Real Estate Loan

    Is he open to a hard money loan? I could get him up to 80% loan to value on the property in a 2 year interest only payment with 2 year balloon as low as 10.5%. Feel free to call me 774-208-8118 or email me henry@trustcapitalfunding.com

  6. #6
    If you still need this funded please contact me!
    Erin Dreselly

    World Business Lenders
    81 Market Sq., Suite 7
    Newington, CT 06111

    Direct: 860-549-2419
    Cell: 860-692-4636
    Fax: 860-499-5413
    Email: edreselly@wbl.com
    Web: www.wbl.com

  7. #7
    Member Reputation points: 10 Miguel martinez's Avatar
    Join Date
    Dec 2014
    Location
    Connecticut
    Posts
    52

    we can do this here at World Business Lenders please contact me so we can speak further about the file and what we can do for this merchant we are a direct lender that offer collateral and asset based loans.
    Miguel Martinez
    Financial Coordinator

    World Business Lenders
    81 Market Square Unit 7
    Newington, CT 06111

    Toll-Free: (888) 441-9500 ext 235
    Efax: (646) 417-7150
    Mobile: (860) 759-6365
    Email: mmartinez@wbl.com

    www.wbl.com

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