| Topic: | Hard Money Commercial Loans. | TP-1135 | ||
| Keyword: | Commercial Real Estate | |||
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TERM:
Flexible loan term ranging from 1-5 years> LOAN TO VALUE: Loan amounts can be up to 50-75 percent of the market value of the collateral, based on the estimated cash sale price given a 90-120 day marketing time. If the loan is used for renovation or construction, the loan amount can be based on the improved value, and would be disbursed in stages. RATES: Depending on the collateral the rates range between 12-15 percent per annum. LOAN SIZE: From $1 million to $150 million. COLLATERAL: Master-planned community developments, ranches, ski resorts, marinas, hotels, motels, apartment buildings, condo developments, time-share developments, very high end apartments and townhouses, mobile home parks, RV parks, office buildings, factories, restaurants, bakeries, casinos, ships, race tracks, amusement parks, army depots, airlines, landfills, brown field remediation projects, skating rinks, cell phone towers, shopping centers, consumer receivables and securities. If you have any questions or concerns, please contact me. Karna Hoskote President MBGM Capital Inc. 221 N Marion St, 3c Oak Park, IL 60302 Phone: 312-628-7366 fax:206-350-6359 http://www.commercialfinances.net email:khoskote@commercialfinances.net khoskote@commercialfinances.net |
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