Is It Possible?

Is is possible to find hard money funding in 48 hours? I mean hard money funding?

The client is looking for 2.5 mil in 48 hours and will give back 5 mil / 60 day loan.

This seem like a miracle, or do this happen often?

Comments(6)

  • GKH116th March, 2007

    what is the value and type of the collateral? We have funded HARD MONEY loans in 2 days but not the norm.

  • cjmazur3rd March, 2007

    I used an atty. There are DRE liason consultants out there that will do this too.

  • scthomas18th March, 2007

    Please send me a executive summary of project and your requirement. With your name, address, telephone/fax numbers and e-mail address. The names of your directors or partners. Where is the project located? What is your business sector? Briefly tell us about the project for which you require the funding. What kind of funding do you want? How much money do you need? Over what period of time is the loan required? When do you need the money? What do you need the money for? Explain how you will repay the principal and interest. Finally, note anything else that you consider important.

    send us a short summary of your project on maximum three or four pages, (please do not exceed this number) giving us brief details - We do not want to see masses of technical and financial information at this stage, just the highlights of your project.

    Send this information to:
    Samuel Thomas
    Commercial Mortgage Broker
    **Please See My Profile**

  • roberth19th March, 2007

    No Pre-pay penalty and non-recourse is possible with 75% LTV or less.
    30 yr am,10 yr fixed @6.5% with 1.35 DSCR

    Let me know,
    Robert
    [addsig]

  • roberth19th March, 2007

    3 yr fixed @6.38% with 1.35 DSCR
    [addsig]

  • roberth20th March, 2007

    give me a little more info on this property. I am near the area and do have some lending for rural/agri land ranches and farms. PM me for contact.

    Good Luck,
    Robert
    [addsig]

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