Private lenders wanted.
I am interested in finding private lenders for commercial size (5 - 100 unit) multi-unit residential / mixed use (high % residential) properties. Deals I negotiate are on properties that are performing well to begin with but could use some degree of turn around and/or value add attention. Typical target hold timelines are 1 - 5 years depending upon the property, the actions needed and the returns. If you are a private lender or interested in becoming one, I would like to find out what your terms are, including your highest acceptable LTV ratio, deal size you can finance, amortization term, etc.