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jhaddan1234
14 Posts |
 Posted - 04/10/2008 : 12:21:45 PM
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I have a commercial construction deal.
Here are the details,
Loan needed $459,000
Final Estimated value $612,500
75%LTV
Construction cost all included 433,000. (Land,cost to build and Landscaping) Final perm.
$180,000 borrower net worth.
Located in Southern Colorado. Building will be owner occupied pizza and alcohol sales/full restaurant with large play area for children. 3500 square feet.
Business/Restaurant is currently a successful company with a 16 year history and documented positive yearly earnings.
Please contact Jacob Haddan
jacobhaddan@comcast.net for your questions or loan quotes.
Loans requested,
Lot acquisition loan.
Construction loan with a completion of 6 months in time.
Final is Permanent financing needing a 25 year amortization 3 year fixed. Expected revenue is $20,000-$30,000 per month. (with more possible revenue earning due to new proposed added play area.) Current revenue in current 1/2 size $10,000 per month.
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service1
309 Posts |
Posted - 04/25/2008 : 03:08:50 AM
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Jacob,
We could offer a one close construction loan, interest only during contruction phase, then rate tied to Prime for permanant. Please call for details. |
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jhaddan1234
14 Posts |
Posted - 05/04/2008 : 5:27:43 PM
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quote:
Originally posted by service1
Jacob,
We could offer a one close construction loan, interest only during contruction phase, then rate tied to Prime for permanant. Please call for details.
CAREY COULD NOT DO THE DEAL DUE TO A (personal BK because of Devorce) BY THE BORROWER 5 YEARS AGO. If you can help please post a reply or email me thatnks, Jacobhaddan@comcast.net |
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