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06-25-2015, 03:02 PM #1
Commercial Direct Lender Needed ASAP! Need to Refi Non-Flagged & Flagged Hotels $5MM
One of the hotels, I have the appraisal on for $2.2M, looking for 70% LTV cash out. 1st lien is $1.3M.
3 other hotels all at about 50% LTV, on which he wants max cash out for improvements and renovations.
Total Refi amount is about $4.5M. Looking for 5-20 yr terms, rates no higher than 7%.
If you are a TRUE direct lender/bank/private lender, who won't ask for money upfront, can really do the deal, and are interested in doing business, please PM me.
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