I'm seeking a private lender or hard money lender for a $200K bridge loan for 4-5 months.

THE DEAL:

Collateral:

• Atlanta Property
• Current value: $1,700,000 (Appraisal in March 2026)
• Existing debt: $755,000 (1st mortgage $605K + HELOC $150K)
• Requested loan: $200,000
• Total LTV: 60%
• Equity cushion: $745,000

Borrower Profile:

• Annual income: $300,000+ (stable consulting contracts - 15+ years)
• Current net worth: $1.69M
• Own 3 properties (primary + 2 investment properties)
• Own established consulting business (The PM Group)
• Experienced business owner

Purpose:

• $125K: Wine bar build-out (Pour Intentions - opening March 2026)
• $75K: Reserves

Exit Strategy:

• $77,000 refunded for Tenant Improvement (Expected March 2026)
• SBA 7(a) loan for $350,000 closing May-June 2026
• Will pay off bridge loan immediately from SBA proceeds (guaranteed exit)
• Backup HELOC refinance

Terms Sought:

• Amount: $200,000
• Term: 4-5 months
• Rate: 10-12%
• Points: 2-3
• Payment: Interest-only monthly
• Prepayment: No penalty

Timeline:

• Ready to provide full documentation immediately
• Close ASAP
• All property docs, income verification, business plan available

Why This is Low Risk:

• Overcollateralized (only 60% LTV vs typical 75%)
• High, stable income (can service debt 10x over)
• Multiple income streams
• Guaranteed exit (SBA loan)
• Short duration (4-5 months)
• Experienced borrower

I'm looking for a private lender who understands asset-based lending and can move quickly. Happy to provide any additional information, documentation, or references.

If you're interested or can refer me to someone, please DM me or reply here.