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08-08-2023, 11:37 AM #1Senior Member
Reputation points: 73139
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,280
I have several lenders who can do blanket liens...but not second position. I also have portfolio lenders.... Most of these deals (hard money) I put in 10 year Interest Only around 1% a month payment......, then amortized with a 1 year prepay buydown at 1% cost.
I have one lender who might go second position on commercial to a max of 65% CLTV.
Can you get me a SREO? Schedule of Real Estate?
I can also do full docs, dscr, etc.Last edited by Olderguy; 08-09-2023 at 10:28 AM.
Steve Benjamin
Professional Business Loans
522 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.
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