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Elijah012

14 Posts

Posted - 07/11/2008 :  3:04:09 PM
I have a borrower that owns their commercial building free and clear and is looking for a private money lender. Does anyone know of any commercial hard money lenders?

- CA property and its either a church or a private Christian school..
- LA less than 1 million
- Stated/Stated Preferred
- less than 50% ltv
KHufford

5993 Posts

Posted - 07/11/2008 :  3:13:27 PM
Why hard money? What state?
gcaron05

247 Posts

Posted - 07/11/2008 :  3:51:26 PM
quote:
Originally posted by Elijah012

I have a borrower that owns their commercial building free and clear and is looking for a private money lender. Does anyone know of any commercial hard money lenders?



I think a little more information is needed.
Amount?
ComLender

1266 Posts

Posted - 07/11/2008 :  4:38:32 PM
Depends on the state and specifics of the loan.
dkendall1979

10261 Posts

Posted - 07/11/2008 :  5:13:24 PM
If it's in Beverly Hills or the equivelent, shoot me an email.

If it's in Barstow or the equivelent, forgedda boutit!

quote:
Originally posted by Elijah012

I have a borrower that owns their commercial building free and clear and is looking for a private money lender. Does anyone know of any commercial hard money lenders?

CA property and its either a church or a private Christian school..


KHufford

5993 Posts

Posted - 07/11/2008 :  6:01:40 PM
quote:
Originally posted by Elijah012

I have a borrower that owns their commercial building free and clear and is looking for a private money lender. Does anyone know of any commercial hard money lenders?

- CA property and its either a church or a private Christian school..
- LA less than 1 million
- Stated/Stated Preferred
- less than 50% ltv





Fogetta bout it!
Jack Straw

1163 Posts

Posted - 07/11/2008 :  11:04:50 PM
I'll take a look at any deal under those parameters.

Best Regards,

Gillee Sherman, California Equity Lenders, Inc.
(818) 584-2318 - Direct
(818) 522-9307 - Cell
(818) 337-2262 - Fax
gillee@calequitylenders.com
www.calequitylenders.com
Easy ‘Hard’ Money for the 21st Century
gmcmtgcap

2 Posts

Posted - 07/12/2008 :  7:02:56 PM
If you can send me a 1003, 1008 and tri merge I can price for you.

Thanks

Rey Rodriguez
Senior Account Executive
GMC Mortgage Capital, LLC
Office: (210)779-8139
Fax: (954)616-1172
r.rodriguez@gmcmtgcap.com
EMScommercial

5138 Posts

Posted - 07/16/2008 :  1:47:19 PM
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 350+ 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 receive your submission and an account managers will be assigned. Within one business day you will be contacted - starting 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...
brad.easter

696 Posts

Posted - 07/16/2008 :  1:56:30 PM
As others have said, more information is needed but the fact that it may be a single purpose property (church/school) will limit your ability to obtain financing. Not saying it can't be done, just need to know much more about the property and borrower. Why hard money?

Over 8,100 lan programs and term sheets in 8 workng hours- Commercial Lending Capital, the leader in commercial real estate financing
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