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.
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?
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.
@Marty Johnston I'll send you an email.
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