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
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
Other commercial property types and loan types- Texas and Nationwide
Single tenant developments (national type or credited tenant)
Borrower Credit and Documention Type :
White the loans are asset based, the more documentation our borrowers can provide the better the terms can be. Even higher leverage with borrowers who have reasonable credit and assets.
Recourse is typical but non recourse is certainly available.
HOW WE WORK AND WHAT WE FUND :
We are looking for commercial real estate lending opportunities Texas other top 100 MSA type areas. We are Direct Lender,broker and intermediary to small family office and real estate investment groups for larger private equity financing. Our years of experience and relationships with non bank financing groups make our flexibility our biggest advantage.
We can provide non-traditional (Private/hard money) funding for many types of commercial real estate transactions in major cities of Texas. Commercial bridge loans may be used as a temporary solution to obtain funding for re-finance or a purchase of commercial income property or owner occupied commercial property.
Our strength is offerering experience and consultative approach to challenging Commercial Real estate tranasactions. Unlike many brokers and lenders who always say yes , we discuss some of the deal makers and deal killers of your loan upfront and decide a path.
Quick Decisions - apply online for 24 hour preapproval - please have a well thought out request and exit strategy. If you need help preparing your presentation, we offer help.
Purchase portfolios, unfinished projects, distressed assets and more with private and institutional bridge money..
Land financing with private funds. Small loans in Texas and 500k greater in top 25 type markets.
Purchase value add, refinance, cashout or use bridge money for any short term (1-3 years) need for your apartment -Multifamily property.
Texas Rehab Loans (1-4 unit specialist)