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Recently Added
17
Aug

$377,000 Foreign National refinance on our Private Money Fund!

Posted by in Brian's Blog, Commercial Real Estate, Recent Closings

Where?  North Carolina Type: This was a refinance for a Canadian Foreign National that was paying off the seller from his purchase a year ago.  Among the challenges on this loan is that they had a poor management company in there- so even though they had owned it for a […]

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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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16
May

$1.6 Million Rate and Term Refinance of a Ranch in a Remote

Posted by in Brian's Blog, Recent Closings

Location: Llano, Ca Borrower had bought the ranch less than a year ago with private money from someone she knew and put some good money down and then found a strong Hollywood Studio to rent it. But the private money lender was pushing to get paid off or was threatening […]

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15
May

$350,000 Purchase of a building for business expansion

Posted by in Brian's Blog

Where? Maryland   Type? Borrower had an expanding business and good credit and enough money to put 10% down, buying a building for her business expansion.  Despite having all the variables, her local bank still turned her down.  We picked up the loan and closed her in speedy fashion.  Based […]

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14
May

$1,167,500 Cash out apartment loan….

Posted by in Brian's Blog, Recent Closings

Where? California   Type? This loan was denied by one of the major FNMA lenders due to the property condition but we were able to get him approved AND closed at up to 75% Cash out and he got a rate in the 4’s fixed for 10 years with a […]

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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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