Looking for Private Money bridge to expand project

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Looking for Private Money bridge to expand project

Realtor · Coronado, CA · Member since 2013 · 43 posts · 39 votes

Experienced investors looking for a PML. Project is a 13-unit complex in CA that is partially occupied (held by LLC). Financing to be used for next phase of expansion. First position is a seller carried note.

PM to discuss details.

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  • Marty JohnstonPro Member
    Lender · Wauwatosa, WI · Member since 2016 · 571 posts · 204 votes
    7y

    Hey Tom,

    We may have a lender who would consider a second position bridge behind the seller carry up to 75% of the as is value (or as completed value for construction). Im not sure if the values are there or the price points, but might be an option. Can you provide a little more color on the deal?

    Thanks Tom!

    [email protected]

  • Reginald TrussPro Member
    Lender · Toledo, OH · Member since 2015 · 1k+ posts · 96 votes
    7y

    Tom, maybe we can help you with this, if you can provide me with an email address and a phone number we can discuss it.  Hope to hear from you.

    Reggie Truss

  • Realtor · Coronado, CA · Member since 2013 · 43 posts · 39 votes
    7y

    @Marty Johnston I'll send you an email.  

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