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ScottAvila
14 Posts |
 Posted - 07/28/2008 : 11:34:56 AM
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Tuscan, AZ
72 unit rate/term (5 yr fixed)
historically cash flows and stable prop
$1.3MM loan amount @ 60% LTV
full package ready to go |
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EMScommercial
5138 Posts |
Posted - 07/28/2008 : 11:39:37 AM
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Scott.... welcome online.... how much does this this property net? dscr?.... credit scores?... how long have they owned it?.... percentage of occupancy??
Our network of over 350 commercial funding sources which we are direct brokers for (lenders, banks, private money, hedge funds, insurance companies, venture capital firms, 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 268 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 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... |
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brad.easter
696 Posts |
Posted - 07/28/2008 : 11:48:05 AM
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Scott,
I am a wholesale agent represnting the nation's leading direct commercial real estate lender. We offer the fastest loan approvals of any nation-wide lender, usually in 8 working hours or less.
Call or email to get your loan approved quickly and get paid faster! Our simple 6 item submission package is all we need. |
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pravada
30 Posts |
Posted - 07/28/2008 : 11:54:15 AM
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Apartment loan 5yr fixed paying 1 YSP back is 7.72% full doc
Erik Crow
800 830 6979
Griffin Capital Funding
erikc@ysploans.com |
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ScottAvila
14 Posts |
Posted - 07/28/2008 : 12:03:19 PM
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Thank you for replying. The loan amount is $2MM (mis-typed $1.2MM), NETS $30K plus, net cash flow after debt service is 1%, total return is 4.7% (CURRENT) pro-forma is 5.7%, bought prop in 1982 for $2.7MM with 25% down ($675K), 90% occupancy and credit is 700plus. This prop is personally guaranteed.quote:
Originally posted by EMScommercial
Scott.... welcome online.... how much does this this property net? dscr?.... credit scores?... how long have they owned it?.... percentage of occupancy??
Our network of over 350 commercial funding sources which we are direct brokers for (lenders, banks, private money, hedge funds, insurance companies, venture capital firms, 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 268 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 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...
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Mark_GMC
579 Posts |
Posted - 07/28/2008 : 12:07:16 PM
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We have a definite interest in your scenario, though well need a few additional details in order to provide the most accurate pricing and deal terms. Fortunately our online submission form takes only a minute to complete. Please find the link below and call if you have any questions.
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Matt W.
1927 Posts |
Posted - 07/28/2008 : 1:52:49 PM
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Would like the gross rents to then calculate the DSCR. You could figure a 7.0% rate at par on our 5 year fixed.
Please contact me to discuss further.
Thanks, |
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stuartg
102 Posts |
Posted - 07/29/2008 : 11:22:12 AM
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Please send a summary, use of funds, and financials on project and borrower and I should be able to give you a prompt answer.
Very Best,
Stuart G Lewis
Managing Director
Brinkabar, Inc.
9595 Wilshire Blvd., Suite 900
Beverly Hills, CA 90212
310-300-8463 Tel
310-496-0588 Fax
slewis@brinkabar.com
www.brinkabar.com
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barthenning
27 Posts |
Posted - 07/29/2008 : 11:36:20 AM
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That looks promising!
Don't jump too soon before talking to us, if anything, I will teach you how to protect your interest.
We’d love to be able to help on something like this.
Please call us, we are ETHICAL commercial brokers and love working with other brokers.
Bart Henning, President
NW Commercial Real Estate Services
PO BOX 23907
Federal Way, WA 98093
Cell: (206)295-7469
barthenning@nwcres.com
www.nwcres.com
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EMScommercial
5138 Posts |
Posted - 07/29/2008 : 12:10:12 PM
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| Thanks for the submission Scott.... we are working on it right now.... |
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