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msiegrist
13 Posts |
 Posted - 05/14/2008 : 4:22:56 PM
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| I have a client looking to refi a commerical condo in FL to get cash out. He owes 125k, valued at 315k, 730+ credit. Thanks |
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EMScommercial
4656 Posts |
Posted - 05/14/2008 : 4:25:32 PM
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Where is the condo? you are referring to an office condo right?
How did you come up with the valuation? estimate or mai appraisal?
How long has she owned it?
Our network of over 325 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 such a deal..... (the number changes regularly - adding and removing to meet our clients' needs) to our internal - proprietary database.....
We do all the legwork - finding the lenders interested and getting the documents to them.... receiving the letters of intent and organizing them in sensible order for your clients..... we should work together on your deals.... let's talk!
** We issue a mutual NCND to protect both sides!! **
Eclipse Mortgage Services is the proverbial 'head of the snake'... the end of that broker chain.... next step - the lending source....
We currently have 214 lending sources for this type of property in our internal database! This will help us find just the right loan for your client!!
Please contact me 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!
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...
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PinnaclePeters
1011 Posts |
Posted - 05/14/2008 : 4:29:09 PM
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| What's the square footage of the condo? Where is it located? Does he run his business out of this unit or does he just own it and rent it out? |
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msiegrist
13 Posts |
Posted - 05/21/2008 : 5:10:18 PM
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Chris
Condo is 730+ ft located in Key West,FL. Ownered free & clear. Building out now and will open in July. |
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simply commercia
77 Posts |
Posted - 05/22/2008 : 5:01:03 PM
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| will need to discuss but may be doable. |
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EMScommercial
4656 Posts |
Posted - 05/27/2008 : 1:32:32 PM
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the original post you say he owes $125K and then later you say he owes free and clear.... that needs clarification....
as i mentioned above....
"You are referring to an office condo right?
How did you come up with the valuation? estimate or mai appraisal?
How long has she owned it?"
Key West, huh? Two words.... "Road Trip" for a site visit!
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SFPartnersLLC
58 Posts |
Posted - 05/27/2008 : 3:53:58 PM
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SF Partners is a Direct Commercial Wholesale Lender based in Miami, FL .All I need in order to get you a letter of intent that will include our rate and terms is a complete 1003, credit report, and rent roll or P&L whichever is applicable.
We provide quick, common sense financing solutions and lend (FL, TX, IL, PA). $200K-$4 Million. We can lend SISA, SIVA, & Lite Doc!
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Bruce@Met-West.c
256 Posts |
Posted - 05/27/2008 : 4:37:45 PM
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Ofc-condo, we should be able to get his done.
3,5,7,10 and 30 yr fixed, with amort to 30 yrs |
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