As a commercial correspondent lender here in Massachusetts, I come across many lenders that want to do business with us. It is very hard to become a lender on our list, especially in the current economic climate that we are in.
I have found however a new source for commercial hard money, located here in Massachusetts, and that deals specifically with in the state. They will occasionally go to a surrounding state.
They are looking for Massachusetts commercial Real Estate only. No personal properties will be looked at. For me to present you to them, your deal must contain:
• Deals that have cash flow
• 50 % ltv which can include property in addition to the subject
• Solid Exit Strategy
• 6-12 month terms
If your interested please feel free to fill out the executive summary form my website, and the personal financial statement.
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