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  1. #1

    $6.8mm Hard money needed for California multifamily project

    Seeking $6.8mm hard money for multifamily development project in Santa Barbara County CA.
    Any takers?

  2. #2
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Irvine, CA
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    I have guys who probably can do it. Understand there's horizontal financing for the land and vertical construction financing for the development. Can also maybe do both with one lender. Email me the package. Land is usually is 50% LTV, construction can be 70% - 90% loan to cost.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    Senior Member Reputation points: 4567 NickHubbard's Avatar
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    Jun 2015
    Location
    Saint Louis, Mo
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    Quote Originally Posted by thorn89 View Post
    Seeking $6.8mm hard money for multifamily development project in Santa Barbara County CA.
    Any takers?
    Nathan Capital Group | https://nathancapgroup.com
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  4. #4
    Senior Member Reputation points: 216519
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    Quote Originally Posted by thorn89 View Post
    Seeking $6.8mm hard money for multifamily development project in Santa Barbara County CA.
    Any takers?
    I have two lenders who would jump at this opportunity (and some more who would as well, but there are 2 who are off the top of my head). Extremely fast closing as well. One is in California and the other is in Michigan. $5-10mm is their sweet spot, shoot me an email or WhatsApp.

  5. #5
    Senior Member Reputation points: 1755
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    Oct 2022
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    I have several I could help you out with. If interested call me - Elon Henek 1-516-236-4086

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