214 824 0417 DALLAS@USLANDFUNDS.COM OR CLICK
fax: 214 824 7179
Example Closings- Monty Busch and Urban Coyote Funding |
- 32 unit apartment building - 400k , purchase 800k
- 75 units apts (Arizona) – 350k for rehab , 20% occupancy on property
- Retail strip center - 1.2 million, value 2.8 million
- 1 acre commercial infill land – 300k,, value 700k
- 132 acres raw land – 2 million loan
- 170 acres land for resi development – 900, value 1.6 million
- 9 townhomes – loan 500k, value 900k
- 3 acres raw land (hard corners) 350k
- 8000 foot office building – 320k
- 1.5 acres downtown area-360k
- 89 acres commercial land – loan 900, value 1.7 million
|
|
|
Where: We are located in Texas but consider apartment buildings in most top 50 markets.
1-3 Years
Lending Area:
Major Metro Areas in US
Property Types:
commercial income properties
land in Texas considered
Loan Size:
$500k to $10 Million.
100k min in Texas 1st and 2ndary markets
Interest Rates:
Rates as low as 12% (depending size and location and strength of transaction)
Prepayment:
varies
Loan to Value (LTV):
Up to 70%(most 60 - 65)
Origination Fee:
varies (2-5)
Closing Times:
less than 30 days, quicker if all information needed is available |
