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Commercial Loans Nationwide- From $250K to $1BB to  80% LTV as low as 4.25%. NO UPFRONT FEE.

Types of Commercial Real Estate:

Retail , Oil & Gas, Industrial, Office, Apartments, Facilities, Medical Buildings, Storage, Mobile Homes, Parking Garages, Hotels/Motels, Nursing Homes and Assisted Living etc.

Types of Financing:

  • Purchase or Term and Cash Out Refinance
  • Bridge Loan / Hard Money Loan to $ 20M in 14 days.
  • Asset ( Inventory ) based Loan.
  • Construction
  • SBA
  • Construction/Permanent
  • Mezzanine Financing
  • Oil and Gas Upstream
  • Private Equity (Growth,Recapitalization & Sell Out)
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    Call George Tesfa 832-607-1113                                                         


     

    Tip of the Day......

    1)

    How much loan can you be qualified for ?

    Example : Net Operating Income ( Before Interest and Depreciation Expsene ) is equals to $ 150,000. Then devide this by 1.20 ( Debt to Service Ratio ) which equals to $125,000 then devide this by .06 ( 6% rate ) which equals to $ 2,083,333 ( Loan amount ). Class Dismissed......

     2) What price is a fair price ?

    NOI / Cap Rate = Value.

    Example : NOI = $ 450,000 / year. It depends on the area but anything over 8% Cap rate is a good buy ( If you are a buyer ). In this case, $ 450,000/.08 ) = $5,625,000 ( Purchase price ). If you are a seller, cap rate below 7% is a good sell.

     

    Loan Amount $150,000 - $100,000,000

    • Up to 90% LTV / LTC
    • Full Doc. or No Income Tax Papers
    • 2, 3, 7 & 30 & 40 yr Fixed
    • No Prepayment Penalty
    • Non-recourse
    • Fully Aussumable
    • Fully amortized for 15, 20 ,30 & 40. yrs (with or with out balloons)
    • Discretionary income may be used to meet DSCR requirements
    • Debt service requirement 1.17
    • 640+ credit score
    • Purchase, Refinance, Cash Out  & Construction.
    • Prime plus 1% - 1.5% Rate.
    • Closing 30 - 60 days.

     

     

    APPLY-ONLINE   


     

     

     

     

     

     

     

     

     PROPERTY CHECK LIST. 

    Multi Family - HUD insured multi-family and Senior Homes project loans by using FHA programs up to $ 50 Million.

    • 223(a)(7) -- Refinance of an Existing FHA Insured Multifamily or Healthcare Mortgage - 85%LTV, 35 yr. Fixed.
    • 221(d)(4) -- Multifamily/Apartment New Construction or Rehabilitation Program. 90% LTC, 40 yr. Fixed.
    • 223(f)  -- Multifamily Rental Housing Acquisition or Refinance Program. 85% LTV, 40. yr. Fixed
    • 232 -- Senior Housing / Healthcare New Construction Program. 90% LTC, 40 yr. Fixed.
    • 232/223(f) -- Healthcare Acquisition or Refinance Program. 85% LTV, 35yr. Fixed
    • 202/223(f)  -- Refinance of Elderly Housing Program. 85% LTV, 40 yr. Fixed
    • 242 -- Hospital Facility Loan Program.  90% LTC , 25 yr. Fixed.

     

    Conventional ( Non Hud Insured Loans )

     Apartment ( Multi Unit ) - up to 90% LTV.

     Owner Occupied - Up to 90% LTV.

     Hotel - Purchase/Refi./ Const. up to 90%

     Office Building - Purchase/Refi./ Const. to 80%

     Retail -  Purchase/Refi./ Const. to 80%

     Industrial - Purchase/Refi./ Const. to 80%

    Private Equity Capital Loans( R/E or Business)

     Merger, Acquistion, ReCapitalization to $ 500M.

     Private or State Projects - Loans to $ 500M.

     All types of Projects - $ 5M to $ 500M.

     


    Call George Tesfa @ 832-607-1113 Cell.