Recent Bridge Loans for land and Commercial income type properties.
We recently have arranged funding on raw land in Texas ( 2 million) , vacant – almost vacant apt buildings, warehouse, multiple condo units. We have closed in less than 10 days and less than 30 with our soft money when a full appraisal is needed. Lot development, construction and even single family portfolios.
rates from 7.99 to 13% pending project and borrower
Non Recourse Construction Loans – 75% Loan to Cost
100% on NNN deals
Types of Commerical Loans :
1.Acquisition & Development loans for commercial land (subdivisions, retail and mf land..)
2.Hard money for Apartment buildings, office ,retail, warehouse ,more… (vacant, rehab needed..)
3.Commercial reale estate rehab & redevelopment
4.Refinance owner carried notes that are coming due (fast closes, ltv-asset based)
5.Refinance, WITH cash out to borrower for other real estate projects