Attn Brokers: We have new alliances in bridge and hard money lending...

Hey Folks,

I have made new alliances in hard money....  Here is what is HOT – AND FUNDING:

-LTV’s less than 60% - 

-Loan Amounts under $1.5M USD – the bigger deals take a bit longer to close – bring them on if they are low LTV.

-Make sense deals on bank negotiated buy outs.. still looking for low LTVs

-Profile of borrowers are: free and clear properties with good credit (those are closing- and more deals out there than you know)

-Multifamily, Office, Retail, Mixed Use, Warehouse, Office Condos, Light Industrial, Rural Commercial, Commercial Rehabs if they make sense, Trophy homes if owned by a corporation.

What is NOT:

-LTV’s more than 60% - and 60 is pushing it…

-Anything related to project finance – no projects, existing commercial collateral only

-Energy deals – I haven’t seen one of these fund unless they have a take-or-pay contract from a bbb rated company or better

-SBLCs, BGs, Gov’t Bonds, Platforms, ANYTHING that wants your clients money so they can generate money. Please, have you personally seen one of these fund?

-Special Purpose properties

-Land

-Any transaction where there is less than 25% equity or 25% cash infusion. Sorry – this is the market speaking, not me.

  

I have verified either through personal experience or their providing addresses of closed deals, deals closed in their name, that the funders we have are performing. We never charge any upfront fees, but your client should be prepared to pay for an appraisal and/or a site visit.

To request a submission package please email brian@walkercf.com