My name is Bruce and I am with -Edited-, which is located in Seattle, WA. We offer a secure, fast solution to your clients financing needs. We are here to help you close your sale. We offer Bridge/Mezzanine financing and other loans from $300k to $80 million fast. Let me know if I can assist you or your clients in any way. Please take a look at the information below. Thank you for your time.


Bridge Loans
Commercial/Multifamily Development & Rehab loans
Acquisition/Reposition Financing
VERTICALLY IMPROVED COMMERCIAL PROPERTIES


* Interest Rates: 9.99% - 14%
* Amortization: Interest only
* Flexible Lockup: 0 - 9 months on most deals
* LTV: Up to 75% on income producing properties
* CLTV: Up to 90% on income producing properties
* Origination Fee: 1 - 6% taken at closing from the loan proceeds
* Loan Terms: 1 mo - 3 years
* Closing times: 3-15 days
* Loan Size: $300,000 to $80,000,000
* Allow Subordinate Financing

Some Collateral types that we are interested in are:

* Office buildings (up to 75% LTV)
* Apartment Buildings (up to 75% LTV)
* Mixed-use (up to 75% LTV)
* Shopping centers (up to 75% LTV)
* Warehouses (up to 75% LTV)
* Multi Family (up to 75% LTV)
* Hotels/motels (flagged, non –flagged and stabilized-up to 75% LTV)
* Auto repair/mechanic shops (up to 65% LTV)
* Gas Stations (up to 65% LTV)
* Owner-occupied facilities (up to 65% LTV)
* Marinas (up to 65% LTV)
* Vacant Properties (up to 60% LTV)
• We do not always need appraisals to close
• We can move quickly in as little as 8-10 business days to close
• We can bridge from 1-12 months
• We can provide construction funds to expand and/or rehab
• We like the following property types: apartments, mobile home park, RV park, mixed use and all commercial type assets, non-flagged hotel/motel, etc
• No prepayment penalties
• We allow seller carry financing
• We will build in interest reserve or partial interest reserve so there is no negative cash flow
• We will allow the partial release of collateral
• We can cross collateralize other assets to get to higher LTV’s up to 90-100%
• Standard LTV 70% and consider 80% LTC in some cases + rehab/expansion money
• We are asset based so while many of our borrowers have excellent credit, others may have credit challenges
• We may review two years personal taxes but many of our borrowers do not show income on taxes
May require a planned takeout strategy

Bruce I made edits to your post. Please read the rules of membership before posting again.