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Gary Waldman
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Seeking Private/Hard Money Loan 12 mo term

Gary Waldman
Posted Sep 26 2023, 17:30

Financing sought to purchase an amazing, undervalued 50,000+ sf entertainment complex in a major U.S. tourist destination.

LTV >50%

- Seeking $1.3 - 1.7M secured by 1st lien
- Property appraised at $3.28M
- 60+ years combined owner/operator industry experience
- offering +/- 12% interest only for 12 months (30-year amortization)
- Exit strategy USDA-guaranteed loan in 12 mos maximum (property deemed eligible)
- Possible seller 2nd if necessary
- 10M+ anticipated annual gross income

Looking for

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Robert Jay
  • Lender
  • Jacksonville, FL
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Robert Jay
  • Lender
  • Jacksonville, FL
Replied Sep 27 2023, 07:15
Quote from @Gary Waldman:

Financing sought to purchase an amazing, undervalued 50,000+ sf entertainment complex in a major U.S. tourist destination.

LTV >50%

- Seeking $1.3 - 1.7M secured by 1st lien
- Property appraised at $3.28M
- 60+ years combined owner/operator industry experience
- offering +/- 12% interest only for 12 months (30-year amortization)
- Exit strategy USDA-guaranteed loan in 12 mos maximum (property deemed eligible)
- Possible seller 2nd if necessary
- 10M+ anticipated annual gross income


Hey Gary,

I have the perfect program for you. It's a short term loan at 2.5% interest, and the monthly payments are interest only. Seller financing and mezzanine financing is allowed. Send me an email with the details to: [email protected] and I'll have a term sheet over to you within 48 hours.