All Forum Posts by: James Spence
James Spence has started 4 posts and replied 6 times.
Post: Offered Two Venture Contracts - Need Private Lender To Close

- Entrepreneur
- Escazu, San Jose
- Posts 8
- Votes 0
My startup real estate management company's business plan and proposal was reviewed by two venture capital groups. Both groups approved my company for working capital injections for $5MM and $8.5MM. The $5MM deal requires an $6500.00 attorney escrow fee and $8.5MM requires a Performance Surety Bond of 1% which is $50,000.00. Where can I can find a temporary transitional loan, bridge loan, private lender or funding partner to assist with closing these deals.
Post: Off Market Mulit-Family

- Entrepreneur
- Escazu, San Jose
- Posts 8
- Votes 0
How do I find Multi-Family properties off the market in Chicago, California, or New Jersey?
I would like to find properties with 100+ units at the least. Thanks all.
Post: Can Someone Help Me Decipher This Lender Offer?

- Entrepreneur
- Escazu, San Jose
- Posts 8
- Votes 0
Thanks Robert. Awesome rundown!!!
Post: Can Someone Help Me Decipher This Lender Offer?

- Entrepreneur
- Escazu, San Jose
- Posts 8
- Votes 0
I'm still new to this. Can someone thoroughly explain these terms?
65% ltv max of the PP due to fico & 4 Plex, 40/3, 10.99-11.99% (will firm up upon receipt of the appraisal) , 6 mos pp, 2 points & $1300 lender fees
Post: Multi-Family Investment Venture

- Entrepreneur
- Escazu, San Jose
- Posts 8
- Votes 0
thanks Joel
Post: Multi-Family Investment Venture

- Entrepreneur
- Escazu, San Jose
- Posts 8
- Votes 0
I was on a website called showcase.com and found various multi-family real estate investments available in the Atlanta market. How do I go about finding investors who would be willing to JV with me on one of these?