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09-03-2024, 02:41 PM #1
- Join Date
- Sep 2015
- Posts
- 4
Commercial real estate and Raw land lender needed - Large money deals 5m to 50m
Commercial real estate and Raw land lender needed - Large money deals 5m to 50m
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09-03-2024, 03:05 PM #2
Reach out...I have access to several different sources for these types of deals.
Land typically needs an exit strategy.
Basic intake:
https://drive.google.com/file/d/1OD8...usp=drive_link
Development:
https://docs.google.com/document/d/1...f=true&sd=true
Schedule of Real Estate:
https://docs.google.com/spreadsheets...f=true&sd=true
Figured I'd add to this - for most of my hard money loans (NoDoc) ....I don't usually do bridge loans. I prefer to put people in 10 year interest only loans (20 year amortization after) with a 1 year prepayment penalty (a buydown) so that people can breathe easier and not have to worry about a balloon payment coming down the road.Last edited by Olderguy; 09-04-2024 at 05:04 PM.
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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09-04-2024, 04:01 PM #3
- Join Date
- Mar 2016
- Posts
- 126
Commercial real estate loans for USA including Puerto Rico
Most commercial real estate property types including cannabis loans.
Puerto Rico real estate loans
USA commercial real estate loans
$1mm to $40mm
max 65% LTV
11% starting rate 12 - 24 mo
2-4 points lender origination
1-2 points broker origination
Close in a week if needed (expensive) Typical close 10-20 work days
Acquisition - Refi - DIP - Past BK ok , no ground up construction
USA - Puerto Rico
http://michaellewisgroup.com/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
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09-09-2024, 10:42 AM #4
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 736
Raw Land deals all depend on area and use. We have different investors for land but they prefer certain geographical locations. Some don't lend in small cities or large acreage. Some prefer larger acreage and rural is ok. Also depends on entitlement status and how much equity and cash put into the deal. Use of funds and exit should be carefully prepared.
We have closed deals from $2M-$25M on land and commercial properties.
Contact to discuss further
Benjamin Zuniga
Omega Funding LLC
www.omegafund.com
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