10/24/2024
We Are Aggressively Lending!
Banks are beginning to get a little nervous, I know this because our volume of new deal flow has doubled in the last week. Whenever I get super busy, the banks are getting a little nervous. But we are still AGGRESSIVELY Lending, check out some of our HOT products below…
Property type: Multifamily, mixed-use, commercial, land, investment single family residences (SFRs’), 2 to 4 units, mobile home parks (MHP’s), RV parks and hotels.
Market:
· Nationwide
Minimum loan size
· $750,000 (Different products can go as low as $250K)
Maximum loan size
· $250,000,000
Types of loans
· Perm loans
· Bridge to stabilization loans
· Bridge to construction loans
· Stretch-bridge (for higher LTV loans)
· A/B participation
· Note on note
· Lender finance
· Senior mezz (1st TD with senior mezz)
· Construction loans (minimum $5.0MM)
· $3 Million- $15 Million Mezzanine loans on Construction deals to 85% CLTV
Lending highlights
· Value-add plays (negative cash flow! DCR at or below 1.0X on actuals)
· Foreign nationals
· Single room occupancy (SRO)
· Co-living
· Airbnb (seasonal/vacation rentals)
· Land
· Student housing
· Master metered
· Vacant properties (properties with no operating history)
· Broken condos
· Investment homes (Single Family Residences)
Besides the above, we are still doing SBA loans, we have our own private money, bank statement loans and more. If the deal makes sense, WE CAN GET IT DONE! It costs nothing to call us and run a deal by us. So, call us today at 816-945-9734
If you would like assistance determining which program your request best fits into, please email us at:
[email protected]
Call now to connect with business.