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cobblestone1
2 Posts |
 Posted - 07/24/2008 : 8:10:23 PM
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| Need $10 million construction loan to build 54 condominium units, 38 pre-sales with $70,000 per unit in non-refundable deposits. All permits in hand, site work complete, sticks in the air. 67% LTC, 55% LTV. Direct Lenders only, NCDA required, NO up-front fees except travel. |
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gcaron05
246 Posts |
Posted - 07/24/2008 : 8:12:25 PM
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quote:
Originally posted by cobblestone1
Need $10 million construction loan to build 54 condominium units, 38 pre-sales with $70,000 per unit in non-refundable deposits. All permits in hand, site work complete, sticks in the air. 67% LTC, 55% LTV.
We have a few projects in Costa Rica. I may be able to help. Contact me. |
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Eqtylndr
36 Posts |
Posted - 07/24/2008 : 10:54:43 PM
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With this type of pre-sale activity we would be very interested in reviewing your request.
We handle asset based/collateral based lending and Joint Venture scenarios from $500,000.-$500,000,000.
48-72 hour turn around time in some cases (Hard Asset Monetization).
LTV will be determined after investor reviews collateral.
Our company is focused on working in conjunction with numerous domestic and international capital sources which service a diverse scope of transactions. We are direct to hedge funds, REITS, equity portfolios, private merchant banks, pension funds, and high net worth family offices in U.S., Europe, Asia, Middle East and Dubai.
Types of loan structures:
Bridge Financing
Construction Debt
Junior Debt
Non Recourse Permanent Debt
Mezzanine Debt
Our scope of projects include but are not limited to:
All types of commercial property
Super Jumbo S.F.R. construction
Hotels
Mining operations
Hard asset monetization (gemstones, fine art, etc.)
Golf course Development
Refineries
Raw Land
Please eliminate broker chains PRIOR to contacting us by using your own agreements; we do not issue protection to broker chains. We must ultimately talk to the owner of the collateral to close the deal. This is not negotiable.
THE BOTTOM LINE: If you have a REAL asset and need a loan we can fund it!
Please feel free to call any time with questions. I look forward to working together.
Sincerely,
M. Dean Miller
President
Pacific Northwest Mortgage Services / Pacific Capital Partners
Direct (425) 427-2969 Fax (425) 427-2876
deanmiller@pnwms.com
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Loan_doctor
48 Posts |
Posted - 07/25/2008 : 07:45:04 AM
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We can help you with this. Call us ASAP!
Thank You,
Mark A. Roberts
General Partner
Small Business Capital, LLC
(517) 853-0505 Office
(517) 775-6555 Cell
(269) 216-4626 Fax
www.smallbcapital.com Web
smallbcapital@yahoo.com Email |
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JSKF
223 Posts |
Posted - 07/25/2008 : 09:54:03 AM
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Commercial Real Estate Lender
Kennedy Funding was founded in 1988 with the mission of providing two things sadly lacking in the traditional lender arena: speed and creativity. Conservative lending institutions such as banks and credit unions routinely took weeks or even months to close a loan, or denied funding outright due to restrictive regulation practices. Since we began, we have been issuing commitments in 24 hours and funding loans from $1 million to $100 million and more in as fast as five days or less. And as of 1996, we are a global lender, with a presence in North and South America, the Caribbean, Europe, and the South Pacific. Kennedy Funding specializes in short-term real estate-secured loans for a broad selection of situations, including bridge loans, land acquisition, raw land loans, development and construction, bankruptcies, foreclosures, and workouts.
Please contact Jeffsilver@kennedyfunding.com
P: 1-201-342-8500
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mojorising7
1 Posts |
Posted - 07/25/2008 : 3:48:07 PM
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JumboLoans.tv is a Registered Member to IREAB.Org, The International Real Estate Advisory Board. We have over 70+ conduits to get your construction project approved. We provide a 50/50% split to any Referral Agent who passes us an Excellent Executive Summary, Pro Forma and Business Plan.
Contact us toll free at: 866-805-6708
Visit Us at: http://www.JumboLoans.tv and also become a B2B Member of IREAB.Org: http://IREAB.ORG they are the Central Intelligence Agency for International Real Estate world-wide. Nobody does what they can do for developers. We can start as soon as you contact us or fill out a small application on our web site to get the process started. Thank you. |
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smithami
176 Posts |
Posted - 07/26/2008 : 07:32:03 AM
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quote:
Originally posted by cobblestone1
Need $10 million construction loan to build 54 condominium units, 38 pre-sales with $70,000 per unit in non-refundable deposits. All permits in hand, site work complete, sticks in the air. 67% LTC, 55% LTV. Direct Lenders only, NCDA required, NO up-front fees except travel.
Why don't you take this deal with 38 pre sales to your local, or the principles local bank?
This should be really simple! |
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ddmortgage
296 Posts |
Posted - 07/27/2008 : 12:12:36 PM
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| I have a few investors that would be interested in this project. Email me if you are interested. |
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