We do these loans for exactly what you're wanting. Let me know if you still need this done. rochelle --- "Premier Commercial Capital, Inc" <[EMAIL PROTECTED]> wrote:
> > > ***Need 90%+ LTV FINANCING AND A QUICK CLOSE FOR A > 40 UNIT APT BLDG. > > February 1, 2005 > > Hello group. > > I am searching for a commercial source who can > possibly privide 90% > ltv or higher financing for a 40 unit Apt. building > located in > Georgia. Our company has been unable to help the > client and the > origination broker who brought the package to us. We > are willing to > step out of the picture if anyone can help the > client. > > > Here the overview: > > 1) The borrower has credit scores of 640, 641, 661. > Personal income > averages ($63,000), plus has some rental properties > producing > ($21,000). He doesn't have a lot of available > equity in these > houses. > > 2) The property is located in Georgia, has a sale > price of: > $1,385,000. The number of occupied units is 40 units > (one is section > 8) + office + maintance room. The total gross > rents: $188,340. > Average operating expense: $68,000 > > Seller will be contributing $41,000 towards closing. > > Buyers need a quick closing and 90% or higher ltv > financing if > possible. > > ***************************************************************** > The borrowers are short on cash, however, they have > 10% left to put > down for closing. > > This deal does require Immediate Attention. If > anyone can > help..please contact 410.212.7084. cell. or write to > paultringali @ > yahoo.com > > Thank you, > Paul > > > > > > > ------------------------ Yahoo! Groups Sponsor --------------------~--> What would our lives be like without music, dance, and theater? Donate or volunteer in the arts today at Network for Good! http://us.click.yahoo.com/Tcy2bD/SOnJAA/cosFAA/iiEolB/TM --------------------------------------------------------------------~-> Apply for Commercial Real Estate loans online and submit your deal to dozens of hungry lenders in just minutes. Loan programs for all types of business and commercial real estate. Apply anytime at http://realestatezoo.com RealEstate Part of RealEstateZoo.Com ------------------------------------- Post message: [email protected] Subscribe: [EMAIL PROTECTED] Unsubscribe: [EMAIL PROTECTED] List owner: [EMAIL PROTECTED] Web Site: http://groups.yahoo.com/group/RealEstate Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/RealEstate/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
