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#119920 - 04/08/06 10:27 AM Re: financing strategies
Paul Oaks Offline
Major Contributor

Registered: 06/23/04
Posts: 3370
Loc: Central Illinois
That translates to If I tell you I would not get paid!

 Quote:
Originally posted by Aaron:
The lender only accepts packages from approved brokers. I'll be happy to get it done for you though.
_________________________
Paul Oaks
Oaks Real Estate Group

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#119921 - 04/10/06 05:26 PM Re: financing strategies
CARTERETMTG Offline
Member

Registered: 04/07/06
Posts: 51
hello , I have closed many commercial loans in my 10 years. There are so many programs and yes 20% down is common. However we are able to massage it so 10% can be done. Heck I have done 5% down. and churches with very little down. Let me know if I can help.


www.carteretmortgage.com/mmoo

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#119922 - 05/02/06 02:03 PM Re: financing strategies
Patrick Lawson Offline
Junior Member

Registered: 05/02/06
Posts: 4
Loc: Columbus
There are a couple of option for high LTV/CLTV commercial deals:

1. 90% LTV
2. 75% LTV 95% CLTV (20% seller second on subject property)
3. 80% LTV 100% CLTV (20% seller second on property other than subject.)

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#119923 - 07/03/06 12:31 PM Re: financing strategies
Hickster Offline
Junior Member

Registered: 07/03/06
Posts: 1
Loc: San Diego, Ca
I have the ability to do 90% ltv financing on a commercial property up to 1.5 million. The program allows for personal full doc funds to be added in, to offset a property that doesnt generate income to qualify for a traditional commercial loan. It is not hard money.

www.donlajolla.com

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