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Recently Added
9
Jun

$220,000 Foreign National purchase of a vacant apartment building

Posted by in Brian's Blog, Recent Closings

Again, another group of Canadians are buying a small vacant apartment building. Although this one has no rehab money in it, we often can get the rehab money as well. We can take the purchase price, plus the rehab and costs and loan 60% of the entire deal. People are […]

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13
May

Multiple Small Balance Loans w/ Our OWN PRIVATE MONEY FUND!

Posted by in Brian's Blog, Commercial Real Estate, New Programs!, Recent Closings, Site News, Tip Of The Week

Location: Nationwide Property type: Any commercial property type-including land, golf courses, marinas, etc. Loan amounts from $100,000-$2,000,000 Rates from 8% for just miss loans to 14% for raw land . This is our money, I am the underwriter, my brother is the credit committee. I underwrite the exit strategy and he […]

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11
May

Truths That May Not Be True!

Posted by in Brian's Blog, Tip Of The Week

Our founding fathers drafted a document that still stands today as a testament to the potential of men, gathered together in a good cause.  It states that “we hold these truths to be self-evident” and then lists great truths like “all men are created equal”.  But some “truths”, in my […]

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11
Mar

Focus On: State of SBA Lending

Posted by in Brian's Blog, Commercial Real Estate, Site News, Tip Of The Week

This week I would like to update you on the state of SBA lending from the front lines of the marketplace.  I have closed 5 SBA loans in the last 5 weeks, pretty much one a week and they make up about 1/3rd of my pipeline. So I am closing […]

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20
Jun

$150,000 Debt consolidation refinance BLANKET LOAN.

Posted by in Brian's Blog, Recent Closings, Tip Of The Week

This borrower had 11 condos in a condo community, what is called a fractured condo. In other words, he did not own all the condo’s in the complex-just a hodgepodge of them.  We did a blanket loan on the 11 condo’s and got a huge assortment of debts refinanced freeing […]

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19
Jun

$150,000 Cash out refinance for foreign nationals.

Posted by in Brian's Blog, Recent Closings, Tip Of The Week

YES WE DO FOREIGN NATIONALS.  This is a Canadian borrower who bought a property on the cheap, renovated it and now wants to pull his cash out.  Because he is just starting to rent it up, he can not go conventionally and wants to tap the cash to buy other […]

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