PRIVATE “HARD MONEY” DEALS
The term “hard money loan” refers to a real estate loan that is based primarily on the equity in the property, rather than on the borrower’s ability to prove that he can repay the loan.
There are times when nearly every business goes through a quarter or more of losing money. Expenses need to be trimmed I.e. Staff, payroll etc. New products have to developed and marketed. This recovery takes time and money, and it’s nearly impossible to get bank financing when a company is not showing cash flow. If a company has equity in its building, however, the company can borrow against this equity to leverage money through these tough times.
We have Solutions!
Properties types.
Business owned (non-owner-occupied) SFRs, Townhomes and Condos.
2-4 Unit, multifamily (5+ units), office, retail, warehouse, self-storage, automotive services.
Loan amounts minimum $250,000 – $5,000,000 Up to 75% LTV
Simple doc programs
Programs for foreign investors
Special Purpose Properties
Restaurants, Day-Care Centers, Auto Repair Shops, Funeral Homes, Assisted Living, Salons, Self-Storage Units, Metal Buildings, Stand-Alone Retail Stores, Day-Spas, Mixed-Use (Commercial Use with living units), Drycleaners, Laundry Mats, Schools, Golf Courses, and many others.