Results 1 to 2 of 2
-
06-18-2024, 04:53 PM #1
- Join Date
- Jan 2024
- Posts
- 2
5 unit texas
Who can help with a refinance of a 5 unit Commerical Buidling that is under construction.
Client is 65% done with the build and owns it free and clear
Looking to refinance and pull cash out to finish the build
have two triple net tenants with deposits put down once its complete
680 fico multiple member llc
Jt@atlasinvestmentsinc.net
-
06-18-2024, 05:42 PM #2
65% done with the vertical and out of funds?
What's the value of the land?
Does that cover the cash out at 50% LTV?
Reach out.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.
Similar Threads
-
4-Unit Residential Construction in NJ: Need POF Along w/ CLA Can You Do This??
By Fundyman in forum Deal BinReplies: 14Last Post: 07-06-2022, 04:11 PM -
600k 12 unit collateral
By codyp_bizcash in forum All Other LendingReplies: 2Last Post: 10-17-2018, 10:53 PM -
1st Unit Franchise Finance
By FundingPanda in forum Business LoansReplies: 1Last Post: 10-03-2018, 08:52 AM -
Needs 75k 5 unit building at 368k
By lilru911 in forum Deal BinReplies: 3Last Post: 06-01-2015, 04:58 PM -
2.4 Mil for 200 unit apartment complex
By Brandon Seger in forum All Other LendingReplies: 2Last Post: 03-06-2015, 11:52 AM