Land wanted (texas and major metro areas around the US) (for future commercial or residential developments)
When do you need a private money land loan or partner for development?
We prov
Need:
We are looking for landowners who own land or would subordinate thier land to a developer. We are looking for projects that would support senior living, assisted living,medical related (med office, hospital, surgery center, apartments and select income properties)
Why:
It is very costly to acquire land and may make more sense to partner with land owner for the existing equity.
Through the years we have developed relationships with various investors that range from institutional lenders to private lenders that have allowed us to fund projects that traditional institutions could or would not consider. Commercial real estate transactions have different needs, but , time and money are a large consideration.
loans for land (cashouts) with no debt are also attractive and various JV partnerships could be arranged.
TEXAS LAND LOANS
Because of our relationships with some Texas private money lending groups we are able to do smaller land loans in Texas. Typically no more than 65% LTV. Major metropolitan cities with good access. The loans may be as small as 100k. These are at most 2 year terms.
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TYPES OF LOANS
Raw Commercial land acquisition or refinance
land development (residential and commercial)
construction and finish out of commercial properities
current existing property refinance or purchase
LOAN TERMS
Up to 70% and up to 75% on some development projects
Joint venture and equity financing available
loan mininums 200k in Texas
500k in most major metropolitan areas in the U.S.
WHAT TO DO
Please provide a very detailed loan request for debt and equity bridge financing
al (hard money) funding for commercial real estate transactions. .
Hard money loans may be used as a temporary solution to obtain funding for re-finance or a purchase of commercial, invesment or residential property. Hard money loans for refinance are often needed where quick, non bank conforming funding can help to make a deal work.
We provide non-tradional (hard money) funding for commercial real estate transactions. .
Hard money loans may be used as a temporary solution to obtain funding for re-finance or a purchase of commercial, invesment or residential property. Hard money loans for refinance are often needed where quick, non bank conforming funding can help to make a deal work.