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HARD MONEY (Private Money)

      11/23/2010    

 


Property types: Commercial, Industrial, Apartments, Residential, Churches, Schools, Special Purpose Property and entitled and zoned land. Property can be completed or properties needing construction financing

Loan amounts: $1,000,000 to $1,500,000
 (NOTE: Can do smaller loans, but prefer to stay above $500K)
States served on this loan program: CA, FL, NY, HI, TX, WA, OR, CO, UT

Trust Deed position: 1st (with exception of California and Hawaii - can do 2nd mortgage's - NOTE: Intercreditor Agreement required for 2nd TD's)
Term: 12 months - 30 months

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