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 Search for: Raw Land collateral loan $20MIL 30% LTV Califorina.
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number22

593 Posts

Posted - 05/03/2008 :  12:04:26 PM
Looking for raw land loan $20MIL in califoria 546 arces in LA area.

Zoned as mixed use.

Owned free and clear.

Wants loan to purchase bulk properties sold to end buyer already in place.

Needs loan for 6 to 12 month period.

Has current appraisal(1 months old)property valued at $70MIL.

Will take profits and place in management platform to leverage proceeds. (exit strategy).

Private money,Hard money, Hedge fund money.
chrisjonesloans

169 Posts

Posted - 05/03/2008 :  6:10:17 PM
I have the sources for this. Call me.

Chris
916.226.1235
acassociate

258 Posts

Posted - 05/03/2008 :  6:37:40 PM
TRY YMS. I KNOW THEY HAVE SOURCES THAT DO UP-TO 60% LTV SISA ON LAND IN CA.. IF FICO IS ABOVE 700.... 600 FULL-DOC TO 60% LTV... THEY ARE AT 619.253.4264...

quote:
Originally posted by number22

Looking for raw land loan $20MIL in califoria 546 arces in LA area.

Zoned as mixed use.

Owned free and clear.

Wants loan to purchase bulk properties sold to end buyer already in place.

Needs loan for 6 to 12 month period.

Has current appraisal(1 months old)property valued at $70MIL.

Will take profits and place in management platform to leverage proceeds. (exit strategy).

Private money,Hard money, Hedge fund money.

sfedgar7

75 Posts

Posted - 05/03/2008 :  7:10:50 PM
quote:
Originally posted by number22

Looking for raw land loan $20MIL in califoria 546 arces in LA area.

Zoned as mixed use.

Owned free and clear.

Wants loan to purchase bulk properties sold to end buyer already in place.

Needs loan for 6 to 12 month period.

Has current appraisal(1 months old)property valued at $70MIL.

Will take profits and place in management platform to leverage proceeds. (exit strategy).

Private money,Hard money, Hedge fund money.




We would be interested in assisting you with project.
rate = prime + 3% no ppp
Contact me and I will explain how simple our process is for raw land projects. We have private, hard, and hegde fund money available for various projects.

*REQUESTS RANGING from 1 million to 2 billion

Steven Funk
Underwriter
NYC Underwriters LLC
14 Wall Street, 20th floor
NY, NY. 10005
Direct - 212 - 851 - 3891
stevenfunknyc@yahoo.com
thibma

23 Posts

Posted - 05/05/2008 :  12:26:04 PM
I'm sure you've been contacted already, but if things haven't panned out, yet, give me a call and my company can assist you in getting this deal done.

Thanks

Taylor
Mark_GMC

579 Posts

Posted - 05/05/2008 :  6:53:21 PM
We've got a definite interest in your scenario and would love to find out more about it order to give you accurate pricing. Please see below for our quick, online submission form. After completing, our commercial VP will review your deal and get back to you within 24 hours with next steps. Thanks and we look forward to working with you!
commercialanswer

22 Posts

Posted - 05/06/2008 :  08:12:07 AM
If you are still looking to get this done, give me a call

Raw land hard money up to 50%

Eric Blossman
First Beacon Financial
eblossman@firstbeaconfinancial.com
818-326-2217
EMScommercial

5141 Posts

Posted - 05/06/2008 :  08:28:50 AM
If what you wrote holds up (appraisal maintains value, etc.).... we have sources that would entertain this loan....

Please let us know if we can help you with your commercial scenario(s) - I'm sure that if there is any financing options for your clients out there, we can find it in our vast internal database of commercial lending sources of which we are direct brokers for (currently stands at 325+ entries as of today (lenders, banks, private money, hedge funds, pension funds, insurance companies, etc.)).

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!! **

Remember... We only get paid when the thing funds!

Hyperlink to our page for submissions - very straight forward and simple - http://www.eclipsemortgageservices.com/body_contactme.php - we will instantaneously receive word of you submission and one of our account managers will be assigned and within one business day, you will be contacted and we can start the process!

Check out our BASIC RATE/TERM sheet to get an idea if your scenario is 'in the ball park' and then contact us to start the ball rolling to get specific numbers for your loan! http://www.EclipseMortgageServices.com/aaaaaEMS_ratesheet.pdf

Thank you...
Dan Mulligan

2 Posts

Posted - 05/06/2008 :  08:37:22 AM
it should be a slam dunk call me in my office 800-535-0712 x5145
Dan Mulligan
ag957

533 Posts

Posted - 05/12/2008 :  07:54:48 AM
Did you get this funded this yet?

Art Gilberg
Trust Deed Investments, Inc - Direct Hard Money
Tel: 415-760-2338
Email: agilberg@aol.com
EMScommercial

5141 Posts

Posted - 05/12/2008 :  08:01:50 AM
Bill.... i've tried reaching you.... maybe the email address i have is incorrect.... if you still need help with this, please let me know.... thank you.... chris
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