My lending partner is part of a national commercial broker group to help track the best lenders in each market and each niche who WANT TO FUND DEALS.
Residential, Multi Family, and Commercial
LTV is 50% with max of 65% LTV.
1st TDs start at 9% but 11-12% is typical for fast deals, 13-14% 2nd TD.
We can draw docs and fund in as little as 4 days.
Great for investors.
Land- Typically 30% max of AS IS value. No big residential development tracts.
My lending partner has been doing private money lending for years and know how to get the job done. The credit crisis has made Private Money Lending crucial.
Recent Deal: $1,100,000 First TD
24 Hours from site visit to Commitment
Plus only 9%
Point Loma, Ca
Equal Housing Opportunity. Equal Opportunity Employer. It is illegal to discriminate against any person because of
race, color, religion, sex, handicap, familial status, or national origin.