When time is not something
you have plenty of, private money placement
can be a life saver.
Private investors who seek
a higher rate of return on their money as
compared to the stock market trust their money
with us. As the opportunity arises, we lend or invest
this money to/with prudent borrowers seeking funds
for immediate acquisition of real estate.
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Typical Parameters :::::::::::::::
Upto 60% Loan to Value
11-14% Interest rate @ 3-5 points
Interest Only payments for 6 months to 2 yrs
5 yr term on exception
Fast closing often within 7-14 business days.
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Pricing is most competitive for
commercial office buildings, preferrably fully stablized and
ones that show well. Multifamily apartment buildings and medical
buildings are considered safer bets than dry-cleaners facility
gas stations that can be a potentially hazardous collateral.
Since these funds have
unconventional risk, the borrowers pay 3-5
points as 'opportunity cost.' This enables
you to move on with your stalled project with
immediate capital injection.
If you are
interested in seeking such placement, call
us today to discuss your scenario.
Disclosure
-
“The State of Nevada Mortgage Lending
Division requires this disclaimer for individuals
who invest in private money loans: Money invested
through a mortgage broker is not guaranteed
to earn interest or return and is not insured.
Prior to investing, investors must be provided
applicable disclosure documents”. This
disclaimer does not apply to individuals who
are borrowing private money funds.
