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dcreed
78 Posts |
 Posted - 03/27/2008 : 1:16:14 PM
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need to do this refi asap!
Commercial property in California
property used for office space
632 fico
250k l/a
250k cash out
property worth 1,000,000
25% ltv
not very familiar with doing commercial loans... im putting this post up for a friend... his name is John Tinker his phn number is 916-342-1065..
he needs to complete this refi asap.... he needs the cashout for his client to purchase another property.. so very time sensitive..
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david067
28 Posts |
Posted - 03/27/2008 : 1:27:45 PM
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call this guy, he is really helpful on commercial scenarios and a direct lender.
Dan Wallace
West Quadrant Financial
13690 Wide Acres Rd
Golden, CO 80401
Ph: 303-238-1884
Fax:303-379-5676*
Toll Free:888-788-7817 |
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privatecash
1760 Posts |
Posted - 03/27/2008 : 1:29:16 PM
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| Where in CA is the property? We have an investor who can fund in 48 hours. |
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dkendall1979
10342 Posts |
Posted - 03/27/2008 : 1:29:41 PM
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I can offer the following:
Close as soon as this weekend.
8.95% IO rate
12mo term
3pts cost
no PPP
No appraisal needed
Email me if this works! |
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EMScommercial
5138 Posts |
Posted - 03/27/2008 : 1:42:49 PM
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Dan... You have mail....
(this is what i sent to you....)
There are many commercial lenders..... each with their own niches and ways of doing things.... there is no standard governmental way of doing things in the 'commercial world' as there is with residential.....
This is why alot of brokers who are unfamiliar with commercial lending either shy away from taking on a client or they take on the client and don't handle the situation correctly.... Our commercial division has grown exponentially by providing excellent service and avenues of financing that take years of experience to obtain....
We handle all the leg work with the lender... putting the files together and getting them off to various lenders.... ordering appraisals.... etc..... don't worry that you don't know what you are doing with commercial - much different world than residential!.... let us work on your deals...
Co-brokering with my company - who likes the challenges of brokering commercial loans - is a good way to keep the client happy and your bottom line happy...
Eclipse Mortgage Services is the proverbial 'head of the snake'... the end of that broker chain.... next step - the lending source....
** We issue a mutual NCND to protect both sides!! **
Not to say others can't help you.... but I will say that not many have the network of lending sources that we do....
Our network of over 300 commercial funding sources which we are direct brokers for (lenders, banks, private money, hedge funds, insurance companies, etc.) - NATIONWIDE ... and Beyond!!! - could be just what you need for your commercial deal(s).....
Alot of our lending sources will not talk to the typical broker off of the street.... our relationships are hard earned....
We can handle your scenario (or any of your coworkers/friends/business associates/relatives/etc...)..... We have under our belt everything from apartment buildings to restaurants to rv parks to auto garages to acquisition and development of residential, retail and office products to casino financing to nascar team financing to from casino boat financing to medical offices.... etc. etc. etc.
The staff of highly trained and motivated of account managers will be your direct contact through out the process….. they will build the file and get it ready for the selected lending source’s underwriter to quickly process through their system….. this saves a lot of time and helps to ensure success….
We let no moss grow under our loans!
Please contact me (us) asap so we can get this taken care of! Just a note... if you call and I am not available at that time to talk, any one of my highly trained account managers can help you as well.
Remember... We only get paid when the thing funds!
Thank you.....
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ComLender
1266 Posts |
Posted - 03/27/2008 : 2:40:26 PM
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| Call or e-mail me to discuss. |
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PinnaclePeters
1116 Posts |
Posted - 03/27/2008 : 2:47:54 PM
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Can do at 7.50% on a 5/25 ARM.
But we won't do it in a week...
We're not a hard-money lender, so we need to actually underwrite the loan first...
Expect 3-4 weeks with me. |
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Mark_GMC
579 Posts |
Posted - 03/27/2008 : 5:54:22 PM
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| Would love to take a further look at this one. Sounds, from what you've posted, like we'll be able to help you and your clients. Please submit your deal using the link below (this takes only 60 seconds on our website) and our commercial VP will review and get back to you within 24 hours. Thanks! |
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