Flagged and non-flagged hospitality acquisition. joint venture, construction completion and repositioning
Distressed debt renegotiation and restructuring
Target deal size $5 million to $200 million
Target markets include the U.S., Caribbean, Mexico, Latin America and Central America
Joint Venture Development to 100% LTV
We have investor capital avaiable for Retail, Office and all other property types in major metro areas with a minimum transaction size of $5 million at 100% LTV structured as follows:
Development management agreement with development fee and back end income
40-45% equity priced at 10-12% preferred return. (non-recourse)
Strong developement track record
Build to suits only with no spec
Construction, Refinance, Purchase
Hard Money Bridge Loans
Bridge rates starting at 9.9%
Terms from 1-3 years
Closing in as little as 7 days
Loan sizes from $1 million to $100 million
LTV's to 75% (higher LTV's available with Joint Venture Capital)
Flagged Hotel Loans
Budget flagged hotel financing available with rates starting at 6%
Stabilized or unstabilized
Closing in 30-45 days
Loan sizes from 1 million to 10 million
LTV's to 80% with Joint Venture financing available to 100% LTV to $200 million
Energy, Oil & Gas, Biofuel and Mining Loans
Biofuel consulting, financing and private equity
Joint Venture capital available for new or existing projects
Closing in 30-45 days
Loan sizes from $1 million to $20 million
Requir 10% Client Asstes for 12 months reserve account
We have an appetite for income producing properties.
100% Funding for the project.
All projects considered over 4.5 MM and quoted within 48 hours.
How It Works?
Sample: You have a contract on a 50MM dollar income producing property, developed, or needs to be developed. You have a resume and a successful track record in this field, and you can prove that you have 10% liquid, we want to be your partner!
With our JV program, you pay no interest payments, ever! You waive these payments by taking on one partner at 40% giving you the majority share at 60%. You pay nothing until the project starts making money.
Step 1: Submit your project with proof of 10% funds, we will review and get back to you 24-48 hours. Step 2: We arrange a conference call between the JV facilitator and principals. Step 3: An agreement outlining the terms discussed on conference call are sent to you, if all clear, you sign and send back to us. In this agreement, we guarantee funds (commitment) Step 4: You set up a blocked account with either BOFA or CITI for 10% of the requested amount to be funded, funds get verified. Full commitment is issued, Partnership contract needs to be done by legal. This is all done within the first 10 days. Step 5: Facilitator collects $7500.00 fee, and JV attorneys a $13,000.00 for all legal work. Fees depend on type of project Important: No fee's are collected until a firm commitment is in place. References will be provided, references include, project, state, loan amount, contact information, etc..... NO BULL HERE! As you can see, everything is disclosed, no hidden surprises. Partnership: In most cases, you will find that when a hotel is being developed, there are several partner/investors in place, all taking a piece of the pie, the principal who put everything together is only getting a small piece. Using our scenario, the principal gets 60%, we get 40%, we put up 100% of the money, they make no monthly payments, and do not start paying 40% until the project starts profiting.
Benefits: Principals make more money, making no interest payments. Projects close in less than 30 days. Remember, there is no loan, this is your partner, you are closing on the partnership agreement with a group that has all the capital you need, is this starting to make sense?
If you have an FHA Mortgage and live in North Carolina or South Carolina, give me or one of my loan officers a call. Rates are at an all time low.
If you currently have an FHA Mortgage, you can "Streamline Refinance" your current mortgage.
What exactly does "Streamline Refinance" mean?
No income or asset information is listed on your application. With recent changes to FHA underwriting an appraisal will most likely be needed. Most lenders will run at least 1 of the 3 credit agency reports to get your current payment history on your mortgage. While your current credit situation does not matter in doing a "Streamline Refinance" you should not have more than 1 30 day late payment on your current mortgage in the last 12 months. You must be able to supply the lender with a copy of your current "NOTE" from your last mortgage settlement. It should only take 2 weeks from the time of application to the actual closing date. To view my official Website Please Click HERE
Currently, most Lenders are requiring a 620 credit score to do an FHA Mortgage Loan. Call and see if this applies to you...
If you are interested in an FHA Refinance and live in NC please give me a call. 704-490-4733
There are 2 mortgage products that require either a $100.00 down payment or a $0.00 down payment. The 1st mortgage is for a person who wants to purchase a HUD Home - (home that is owned by HUD due toan FHA forclosure. The 2nd type of mortgage product is called a USDA Mortgage. A USDA Mortgage has no down payment requirement and has no monthly mortgage insurance. See our website for complete details of both of these mortgage types or feel frre to call me at the number below.
Why pay full price for a home when you can purchase a HUD home at a reduced price and only pay $ 100.00 down.
That's right -with only $100.00 you can buy a home with equity already built in. Now is the time to purchase a home....with the economy looking better prices are going to start to increase. Buy now while home prices are at the lowest level in years.
We are your one stop shop. We have an FHA approved Realtor on staff that will help you deal with HUD and find you a home. Call now at 704-490-4733 or email me john.popp@yahoo.com.
Customers first
If you are looking for a mortgage loan in the Charlotte area of North Carolina call us Now or Apply On Line. As a Local Charlotte, NC broker we treat all of our borrowers with the utmost respect. Our Local Charlotte Mortgage Borrowers who are happy with the mortgage loan we helped them get are more important to us than anything else. Whether you are Purchasing and need a 100% First Time Home Buyer Mortgage or Refinancing for Debt Consolidation, Home Improvement or just to lower your payment our goal is to make the loan process as simple and worry-free as possible. We even offer the USDA Rural Housing Mortgage Program. We pride ourselves in offering the Residents of Charlotte, North Carolina the highest level of customer service, and appreciate the opportunity to earn your mortgage business. Whether you want to refinance for a lower mortgage rate, get a new home mortgage, home equity loan or second mortgage, our purpose is to satisfy your needs. By putting you first, we assure you a pleasurable transaction.
At our website you can find tools available to answer virtually any mortgage question. Trying to decide if now is a good time to refinance? Check out our Refinance Mortgage Calculator. Wondering if a new home equity loan or second mortgage can lower your monthly payments? Use our Debt Consolidation Mortgage Calculator! Confused by all the loan programs from which to choose? Our Loan Program page will help you find the right type of loan for you. Also, we'll be happy to prepare a personalized mortgage quote for the home mortgage program of your choice. Whether you are located in Charlotte, Concord, Cary, Harrisburg, Mooresville, Wake Forest, Huntersville or any other city in North Carolina we are here to help you obtain your conforming mortgage, FHA mortgage, VA mortgage, USDA Mortgage or Subprime mortgage loan purchase or refinance at the best rate possible. Do not forget to check out our many First Time Home Buyer Programs if you are a First Time Home Buyer. Home loans is what we do best at low competitive rates. Call now and speak to a North Cartolina Mortgage Company Representative today!
We have an appetite for income producing properties.
100% Funding for the project.
All projects considered over 4.5 MM and quoted within 48 hours.
How It Works?
Sample: You have a contract on a 50MM dollar income producing property, developed, or needs to be developed. You have a resume and a successful track record in this field, and you can prove that you have 10% liquid, we want to be your partner!
With our JV program, you pay no interest payments, ever! You waive these payments by taking on one partner at 40% giving you the majority share at 60%.
You pay nothing until the project starts making money.
Step 1:
Submit your project with proof of 10% funds, we will review and get back to you 24-48 hours.
Step 2:
We arrange a conference call between the JV facilitator and principals.
Step 3:
An agreement outlining the terms discussed on conference call are sent to you, if all clear, you sign and send back to us. In this agreement, we guarantee funds (commitment)
Step 4:
You set up a blocked account with either BOFA or CITI for 10% of the requested amount to be funded, funds get verified. Full commitment is issued, Partnership contract needs to be done by legal. This is all done within the first 10 days.
Step 5:
Facilitator collects $7500.00 fee, and JV attorneys a $13,000.00 for all legal work.
Important:
No fee's are collected until a firm commitment is in place.
References will be provided, references include, project, state, loan amount, contact information, etc..... NO BULL HERE! As you can see, everything is disclosed, no hidden surprises.
Partnership:
In most cases, you will find that when a hotel is being developed, there are several partner/investors in place, all taking a piece of the pie, the principal who put everything together is only getting a small piece. Using our scenario, the principal gets 60%, we get 40%, we put up 100% of the money, they make no monthly payments, and do not start paying 40% until the project starts profiting.
Benefits:
Principals make more money, making no interest payments.
Projects close in less than 30 days.
Remember, there is no loan, this is your partner, you are closing on the partnership agreement with a group that has all the capital you need, is this starting to make sense?
Instead of trying to obtain financing for your project why not have a partner that will finance everything for you. Yes you will take on a minority equity partner who will take 40% of the profits - it could be worth it for you.
Is giving 40% Equity in your project worth it?
Lets assume you are looking to construct a hotel at a cost of 40 million. If you Joint Venture (JV) with a partner you will give up 40% equity in your hotel project.... but you will get your hotel built with no money out of your pocket.
You will be required to put 10% of the project cost into an escrow account that will go back to you when the project is completed. You will also have to pay $7,500.00 to cover the cost of the attornies fees and other costs associated with setting up the JV. These fees are nothing compared to the overall cost you would pay if you had to finance the deal. A 40 million dollar loan at 10% would cost you 20 million in interest over 5 years.
JV can work with almost all types of projects from Building an Apartment Complex, Storage Facility, Residential Building Community, to building a mall or a golf course or even buying an existing business.
If you have a new or an existing project and would like to partner in a joint venture give me a call at 704-490-4733.
Why pay full price for a home when you can purchase a HUD home at a reduced price and only pay $ 100.00 down.
That's right -with only $100.00 you can buy a home with equity already built in. Now is the time to purchase a home....with the economy looking better prices are going to start to increase. Buy now while home prices are at the lowest level in years.
We are your one stop shop. We have an FHA approved Realtor on staff that will help you deal with HUD and find you a home. Call now at 704-490-4733 or email me john.popp@yahoo.com.
Customers first
If you are looking for a mortgage loan in the Charlotte area of North Carolina call us Now or Apply On Line. As a Local Charlotte, NC broker we treat all of our borrowers with the utmost respect. Our Local Charlotte Mortgage Borrowers who are happy with the mortgage loan we helped them get are more important to us than anything else. Whether you are Purchasing and need a 100% First Time Home Buyer Mortgage or Refinancing for Debt Consolidation, Home Improvement or just to lower your payment our goal is to make the loan process as simple and worry-free as possible. We even offer the USDA Rural Housing Mortgage Program. We pride ourselves in offering the Residents of Charlotte, North Carolina the highest level of customer service, and appreciate the opportunity to earn your mortgage business. Whether you want to refinance for a lower mortgage rate, get a new home mortgage, home equity loan or second mortgage, our purpose is to satisfy your needs. By putting you first, we assure you a pleasurable transaction.
At our website you can find tools available to answer virtually any mortgage question. Trying to decide if now is a good time to refinance? Check out our Refinance Mortgage Calculator. Wondering if a new home equity loan or second mortgage can lower your monthly payments? Use our Debt Consolidation Mortgage Calculator! Confused by all the loan programs from which to choose? Our Loan Program page will help you find the right type of loan for you. Also, we'll be happy to prepare a personalized mortgage quote for the home mortgage program of your choice. Whether you are located in Charlotte, Concord, Cary, Harrisburg, Mooresville, Wake Forest, Huntersville or any other city in North Carolina we are here to help you obtain your conforming mortgage, FHA mortgage, VA mortgage, USDA Mortgage or Subprime mortgage loan purchase or refinance at the best rate possible. Do not forget to check out our many First Time Home Buyer Programs if you are a First Time Home Buyer. Home loans is what we do best at low competitive rates. Call now and speak to a North Cartolina Mortgage Company Representative today!
Our Source is funded by a combined International pool of nearly
Half a Trillion in available Liquidity
Private Lending up to 100% of the "As-Is" Value and then up to 80% of the Future Value in scheduled draws. Terms, Conditions and Rates vary by Funding Source.
FUNDING PROGRAM I - INTERNATIONAL HEDGE FUND$50,000 TO $5 BILLION+
Residential, Commercial and Business Funding. Hard Money Loans. 80% LTV debt financing based on the as-is value and up to 80% LTV based on the Future Value to be released in scheduled draws. Equity financing and joint venture financing options. Interest Rates range from 11.49% to 15.99%. Standard Loan Program is a 30 year Amortization, Fixed interest rate for 5 years, Interest Only Payments. Standard Pre-payment penalty can be eliminated by adding 1.5% to the interest rate. Loan Decisions in 15 Business Days (Expedited Processing).
FUNDING PROGRAM II - TRUST - $50 MILLION MINIMUM
100% Debt or Equity funding through the Business Trust. Requires up to a 10% cash position to initiate the relationship. For each portion of 10% Liquidity (this can be Cash, Municipal Bonds, or Cash Backed Instruments) that the Principal provides, the Trust will Lend 90% - i.e., $10,000,000.00 USD POF - Trust will lend $90,000,000.00 USD through a corporate bond program. The Funds will only be screen blocked and pinged and will not be moved from the Principals Bank(s)/Account(s). This is a non-depletion, blocked account for 90 days+. There is no risk to these funds as these funds are safe, the Trust will work through attorneys-council to council. Funds will be added to this account. If a smaller amount (less than 10%) of liquid capital is available, the Trust may consider an equity position in the equity/debt financing structure.
FUNDING PROGRAM III - PENSION FUND - $1 BILLION MINIMUM
100% Debt funding including acquisition and soft costs for projects of $1B or more. Utilizing Government Guarantees and Pension Funds. One of the strongest verifiable funding sources for super-jumbo commercial loans. Suitable for government and private projects. Includes the bond underwriting. A bridge loan for quicker acquisition funding may be available.
FUNDING PROGRAM IV - INTERNATIONAL CONGLOMERATE - $100 MILLION MINIMUM
Developer Bailout Program. International Conglomerate offering comprehensive financing and buy-out programs for Developers and Principals. Program will Fund the completion of the project or purchase the asset from the Principal. Principal must provide collateral enhancement in the form of a Standby Letter of Credit (SBLC) equal to 40% of the value of the Project.
FUNDING PROGRAM V - PRIVATE PLACEMENT PROGRAMS - $10 MILLION MINIMUM
100% Financing through Private Placement Programs (PPP). Minimum collateral is $10MM. Full compliance package must be completed - acceptable collateral includes cash, financial instruments (leased or owned), commodities and/or hard assets (hard assets must be free and clear). Completely risk free and there is no liens or loans involved. SEC Compliance: GI Lending Group is not a U.S. Licensed Securities Dealer and/or U.S. Investment Adviser. This is for Informational Purposes Only.
FUNDING PROGRAM VI - $40 MILLION MINIMUM
65% or Higher LTV depending upon project strength and government support. Conventional International DEBT funding utilizing Pension Funds for domestic or international projects of many types including municipal, infrastructure, and private projects.
FUNDING PROGRAM VII - $2 MILLION MINIMUM
100% Debt funding that requires a refundable 10% cash deposit which they insure to the client. Utilizing their own collateral at rates beginning at LIBOR plus 2%. Funding of the full loan amount within 90 days and deferred payment options for construction.
FUNDING PROGRAM VIII - $10 MILLION MINIMUM
100% Equity funding for developments, acquisitions, construction, oil, and mines. This program has a 10% cash deposit and requires an equity stake in the project.
FUNDING PROGRAM IX - CONSTRUCTION LOANS - EQUITY FINANCING - $10 MILLION MINIMUM
100% Equity funding for construction if the land is owned free and clear. Requires 25 - 35% typical equity stake in the project.
FUNDING PROGRAM X - TRANSACTIONAL FUNDING - $50,000 UP TO $100 MILLION
Transactional Funding - Double Escrow. Program requires a signed contract to buy the property/project and a contract with no contingencies to sell the property/project to a qualified buyer. Need Executive Summary, name address and contact information of all parties involved, copy of executed purchase contract and sell contract with proof of funds from the end buyer.
FUNDING PROGRAM XI - $1 MILLION MINIMUM
100% pure Equity or Debt and Equity from International Investors and USA Pension Funds. Varying Conditions of 20 - 50% equity stake in the project.
FUNDING PROGRAM XII - CONVENTIONAL REFINANCING - $150,000 MINIMUM USA, $5 MILLION MINIMUM INTERNATIONAL
Conventional Refinancing at competitive rates for commercial income-producing properties and projects, both domestic and international.
FUNDING PROGRAM XIII - HARD MONEY OR BRIDGE LOAN PROGRAM - $1 MILLION MINIMUM
Private NYC Hedge Fund financing for international or domestic funding up to 75% Maximum LTV program based upon the collateral value and the ability to re-pay. Apartment Complexes, Office, Industrial, Flagged & Stabilized Hotel/Motel, Mixed Use, Shopping Centers, Warehouses, Owner-Occupied Facilities, Marinas, Auto Repair/Mechanic Shops, Gas Stations, Large Homes. Starting from $4M and Up.
FUNDING PROGRAM XIV - WORKING CAPITAL - $500K TO $25 MILLION
Up to 100% financing for $500K to $25 MM. Short term commercial financial option that provides capital to pay suppliers upfront. Funding based on Future profits and Purchase Orders from customers. Purchase Order will be verified, a Letter of Credit will be opened typically within 14 days. Programs for businesses such as producers, distributors, wholesalers and/or resellers of manufactured goods.
FUNDING PROGRAM XV - WORKING CAPITAL - $10,000 MINIMUM
Up to 90% Invoice Advance. Clients sell their Account receivables for a cash payment. Applicable Industries include service, staffing, manufacturing, distribution, tech, energy, and transportation.
FUNDING PROGRAM XVI - CUSTOM LOAN PROGRAM
Designed for High LTVs or higher risk plans. Site visit required to meet the borrowers in person, and devise a custom plan if the project proves to have strength and potential.
FUNDING PROGRAM XVII - RESIDENTIAL EQUITY GROUP - HARD MONEY LOAN PROGRAM & REFINANCE STRATEGY - $65,000 ARV MINIMUM
LTVs up to 75% of the After Repair Value, non-owner occupied only. Project After Repair Value must be $65k and more. Residential (1 to 4 Units Only). The Funding Source will order a (1) Credit Report (660+ requirement), (2) Request 2 months previous Bank statements, (3) previous year's tax return (they can pull directly from the IRS, if necessary), (4) Purchase Contract, (5) Contractor's Estimate, (6) Builder's Risk & General Liability Insurance (identified for you), (7) Property Inspection (identified for you), and (8) Appraisal (identified for you) - in this order. Limited Service Areas.
Commercial financing with no credit check/no income verification. Lets us help you get creative in the development of your next contract using the power of value verses purchase price.
Banks are not lending on these projects during these economic times. This is a perfect time to buy Real Estate for future riches using our private funding. We guaranty quick approvals, and quick closings.
Some of the other things we can do just so you have an idea:
HARD MONEY LOANS UP TO 80% LTV
We will lend up to 80% of the “As-Is” Value and then up to 80% of the After Completed/Future Value in draws as scheduled.
Only Two Conditions:
That you have “Equity” in your Property/Project and a viable “Exit Strategy”
REOs & Notes (PNs &NPNs)
Multifamily (1 – 4 Units) & Apartment Complexes
Hotels, Offices, Industrial & Mixed-Use
Developments and Raw Land
In-Ground Assets & Commodities
Movie Production Financing
Business Loams, Credit Lines & Working Capital
Debt & JV/Equity Financing
No Credit Checks – A TRUE SISA = Stated Income Stated Assets = Dead Man’s Loan
5 Year Fixed Rate – Interest Only – 30+ Year Mortgage Terms
HARD MONEY Interest Rates range from 11.49% - 15.99%
Loan Amounts up to $5 Billion
Due Diligence & Underwriting:
As little as 5 – 15+ Business Days to FUND (Expedited Processing Available)
Our Hedge Funds’ due diligence divisions, underwriters, managers/directors and investors will determine current and future value and marketability of the property/loan and will perform an independent due diligence, so it may receive an unbiased reasoning with the file.
Our Funding Sources have funded over $10 Billion since 200
1st Metropolitan Mortgage
USDA Mortgage Loan Summary:
The USDA Mortgage Loan permits 100% financing when purchasing a home. A 620 Minimum Credit Score is needed for this program. Since the USDA Mortgage uses appraised value, you can even finance closing costs if the home appraises higher. You may not own any other property when closing on a USDA Mortgage Loan.
Below are some highlights to this program...visit our website for complete details.
100% financing based on appraised value (loan amount may exceed appraised value by 2% Guarantee fee, divide appraised value by .98)
30-year fixed
Ability to Refinance - Rate reduction only - no cash back - Reduced Guarantee Fee of .5% Only existing GRH and Section 502 Direct loans are eligible for refinance -Streamline Process
No monthly mortgage insurance. One-time guarantee fee of 2.00%
No payment reserve requirements
No downpayment
No First-time homebuyer requirement
No maximum. If greater than 6%, comment from the appraiser required
100% gifting permitted. Donor must be disinterested third party
1 X 30 permitted in last 12 months with explanations – Exceptions may be granted if your borrowers have 620 or greater middle credit scores
Chapter 7 and 13 must be discharged for 3 years – Foreclosures must be completed 3 years ago – Exceptions may be granted if your borrowers have 620 or greater middle credit scores
Collections - Accounts cannot have been placed in collection status within the last 12-months – Exceptions may be granted if your borrowers have 620 or greater middle credit scores
Judgements - Must be paid off for at least 12 months – Exceptions may be granted if your borrowers have 620 or greater middle credit scores
If the applicant’s middle credit score is under 620 a VOR is required for the most recent 12 months.
Previous Housing History is Not required
Non-Traditional Credit is Acceptable if no credit is available
No in-ground swimming pools (above ground permitted)
Thermal insulation certifications required
State specific adequacy certification or HUD-VC sheet required on all existing dwellings
Termite Inspection - all areas as required by RD
Well/Septic Inspections - 100% required
Repairs - 100% of repairs may be financed based on as-improved value. If work is not complete prior to closing an escrow hold back may be established at 150% of repair cost. (more rules apply, please contact your AE for more details)
If you are looking for a mortgage loan in the Charlotte area of North Carolina call us Now or Apply On Line. As a Local Charlotte, NC broker we treat all of our borrowers with the utmost respect. Our Local Charlotte Mortgage Borrowers who are happy with the mortgage loan we helped them get are more important to us than anything else. Whether you are Purchasing and need a 100% First Time Home Buyer Mortgage or Refinancing for Debt Consolidation, Home Improvement or just to lower your payment our goal is to make the loan process as simple and worry-free as possible. We even offer the USDA Rural Housing Mortgage Program. We pride ourselves in offering the Residents of Charlotte, North Carolina the highest level of customer service, and appreciate the opportunity to earn your mortgage business. Whether you want to refinance for a lower mortgage rate, get a new home mortgage, home equity loan or second mortgage, our purpose is to satisfy your needs. By putting you first, we assure you a pleasurable transaction.
At our website you can find tools available to answer virtually any mortgage question. Trying to decide if now is a good time to refinance? Check out our Refinance Mortgage Calculator. Wondering if a new home equity loan or second mortgage can lower your monthly payments? Use our Debt Consolidation Mortgage Calculator! Confused by all the loan programs from which to choose? Our Loan Program page will help you find the right type of loan for you. Also, we'll be happy to prepare a personalized mortgage quote for the home mortgage program of your choice. Whether you are located in Charlotte, Concord, Cary, Harrisburg, Mooresville, Wake Forest, Huntersville or any other city in North Carolina we are here to help you obtain your conforming mortgage, FHA mortgage, VA mortgage, USDA Mortgage or Subprime mortgage loan purchase or refinance at the best rate possible. Do not forget to check out our many First Time Home Buyer Programs if you are a First Time Home Buyer. Home loans is what we do best at low competitive rates. Call now and speak to a North Cartolina Mortgage Company Representative today!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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