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bugsy
26 Posts |
 Posted - 07/15/2008 : 11:30:32 AM
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| Need $2M loan to build 4 model homes - later will build 20 other homes. Located in El Sobrante, CA - $5.5M already spent on land and developing the land. Ready to start building now. |
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joe313
595 Posts |
Posted - 07/15/2008 : 11:33:28 AM
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Tony,
I'd be interested to find out more info about this project. Give me a call or e-mail me and we can discuss it in more detail.
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KHufford
5316 Posts |
Posted - 07/15/2008 : 11:47:01 AM
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quote:
Originally posted by joe313
Tony,
I'd be interested to find out more info about this project. Give me a call or e-mail me and we can discuss it in more detail.
Seriously? When is the last time you guys funded a resi development? If so...I have about 20 for you..
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DougDaft
115 Posts |
Posted - 07/15/2008 : 11:48:04 AM
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| We would be very interested in this deal. We are looking for deals like this right now. Email me at ddaft@cbigroupllc.com or call me at 513-619-6374 |
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joe313
595 Posts |
Posted - 07/15/2008 : 11:54:55 AM
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quote:
Originally posted by KHufford
quote:
Originally posted by joe313
Tony,
I'd be interested to find out more info about this project. Give me a call or e-mail me and we can discuss it in more detail.
Seriously? When is the last time you guys funded a resi development? If so...I have about 20 for you..
Kyle,
Residential developments are obviously not anyone's preferred collateral to lend against right now, but we are still lending against them.
We just closed last week on a 31 lot subdivision in Indiana. $3.875m loan amount. |
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KHufford
5316 Posts |
Posted - 07/15/2008 : 1:00:05 PM
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quote:
Originally posted by joe313
quote:
Originally posted by KHufford
quote:
Originally posted by joe313
Tony,
I'd be interested to find out more info about this project. Give me a call or e-mail me and we can discuss it in more detail.
Seriously? When is the last time you guys funded a resi development? If so...I have about 20 for you..
Kyle,
Residential developments are obviously not anyone's preferred collateral to lend against right now, but we are still lending against them.
We just closed last week on a 31 lot subdivision in Indiana. $3.875m loan amount.
What were the terms/ LTV's?
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jskolnick
216 Posts |
Posted - 07/15/2008 : 4:36:31 PM
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Tony
I would be interested in taking a look at this loan. Residential loans are very difficult these days, however, I still have a lender looking at them.
Please feel free to contact me at any time to discuss this.
We are commercial mortgage brokers.
We can arrange any type of asset based lending. From lines of credit to accounts receivable, purchase order, equipment financing to real estate. We maintain relationships with a variety of different banks. This gives us the ability to offer the best terms for loans from $500,000.00 and up. Loans can be submitted through our web site, www.greenmountainfs.com, via e-mail to greenmountainfs@gmail.com or call us at 516-596-1456.
Jerry Skolnick
Green Mountain Financial Services, Ltd.
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EMScommercial
4749 Posts |
Posted - 07/16/2008 : 12:04:45 PM
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| yea... metro is in the running for one we submitted to them last week.... |
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KHufford
5316 Posts |
Posted - 07/16/2008 : 12:25:03 PM
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quote:
Originally posted by EMScommercial
yea... metro is in the running for one we submitted to them last week....
Interesting, I d like to hear more, if they close it...I have a few that "were solid" but I cant get any traction on them these days.
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EMScommercial
4749 Posts |
Posted - 07/16/2008 : 2:55:32 PM
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| i'll let you know.... |
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