I found a pretty good commercial lender to work with
They have pretty good rates, depending on where you are or what market you are in their rates may even be the lowest.
The competetive markets
Tampa
Seattle
Chicago
Salt Lake City
St Paul
Denver
Dallas
San Antonio
Austin
Coastal Southern California
5.2%-5.4% 5 yr fixed
5.9% 7 yr fixed
6.3% 10 yr fixed
They have a fix n flip style too
on SFR they lend up to 70% - non owner occupied investment properties 4.8% 6 Mo Libor Arm
Now hard money terms are actually commercial bridge loans with percents higher like 12%, but perfect for stabilizing an asset and refinancing into a conventional term.
If the property has really good value they can actually lend up to 90% of the purchase price.
contact Marlon direct
They have pretty good rates, depending on where you are or what market you are in their rates may even be the lowest.
The competetive markets
Tampa
Seattle
Chicago
Salt Lake City
St Paul
Denver
Dallas
San Antonio
Austin
Coastal Southern California
5.2%-5.4% 5 yr fixed
5.9% 7 yr fixed
6.3% 10 yr fixed
They have a fix n flip style too
on SFR they lend up to 70% - non owner occupied investment properties 4.8% 6 Mo Libor Arm
Now hard money terms are actually commercial bridge loans with percents higher like 12%, but perfect for stabilizing an asset and refinancing into a conventional term.
If the property has really good value they can actually lend up to 90% of the purchase price.
contact Marlon direct
Marlon Gonzalez
Director
Main Source Capital
111 NE 1st 3rd Floor
Miami, Fl 33132
Direct: 305-320-8420
Cell: 305-600-7410
Fax: 561-246-3409
Email: Marlon@MainSourceCapital.com
Web: www.MainSourceCapital.com
Hope this helps some of you