All Forum Posts by: Darryl Shelton

developing, it is as of now 80% leased out upon completion of the construction

Hello i am looking to secure a 12 million dollar conventional loan for a retail development in Gallatin Tennessee, if you are or know a lender in the area kindly contact me and i can send you the full loan request package.

@Eric Schleif brokering, the hotel is finished and just started operating. but has no previous financials as it was purchased in 2010 non operating (katrina damage) so projection based

@Tami DuBose its in New Orleans not far from downtown 

Hey all, i am looking for lenders in Louisiana to refinance a a existing construction note on a Days Inn hotel, if you know of anyone please connect :)

Hello,

i am currently searching for a mid-large apartment complex in the DFW area, preferably North, (Plano, Frisco) but open to other areas. Please send listings 

Hello BP, i am looking for a conventional lender in San Antonio ( or lender with SA in their lending limits) 

If you know of anyone or have a suggestion please comment

@Vonn Peterson do you have a price range and footprint you would like to stay in? 

As far as the financing aspect i would say those are agreeable terms, would be less then 10g down, and depending on what your closing costs are you would be looking at approx 46k note. Payments would be around 240 a month on the note. Take away tax and insurance and your NOI would be approx $2900.

Please note that the prime rate will possibly raise .25-.50% there is a meeting in the end of July to address the raise, so you may want to brace and account for such a rise in your decision making

Hey Marvin, i work for a commercial real estate/ finance brokerage in Dallas, let me know if you are still searching i would love to help