Small Balance Mezzanine And Equity is HERE!
We are talking $1 million to $5 Million up to 85 or 90%! This is HUGE. I get requests for this weekly and the problem is that for someone to come up in a second lien position, they have to be big enough to take over the first mortgage to protect their interest if the project fails. ON most projects, the guys that are big enough to do that are also too big to mess with anything under $5 Million. So Preferred Equity and mezzanine loans below $5 Million have been very tough to find.
I HAVE THREE (3) NEW SOURCES THAT ARE BRINGING THESE DEALS TO THE MARKETPLACE. If you have a great interest rate on your first mortgage but are short the 25% you need, we may be able to get you 10% so you only have to come with 15%. Depending on the deal that can make ALL the difference. We have the following unique loans now available:
$1-5 Million mezzanine on all cash flow deals nationwide to 85%
-$1-5 Million Mezzanine on CONSTRUCTION deals to 85% in the Southeast
-$500,000 and up Mezzanine on CMBS loans up to 85%!
-Preferred Equity behind HUD loans-now available
And so much more! Of course we can do large equity deals and ground up construction but the above is new stuff coming to the marketplace. I spent last week at a conference with a lot of the large debt funds from around the country. I will be rolling out some of the HOT products that I found there over the next few weeks. The bottom line is this.....
There is a ton of money to lend right now and rates are historically low, if you are going to borrow money, this is the best time to do it!
And when you go to get financing, whether to purchase, to refinance or to cash out, think of me and Commercial Capital. We offer approvals in 48 hours or less, FREE quotes, Completely refundable app fees and incredible expertise. We are the true No Risk option. I am the #1 closing broker in the country, no one closes more loans a month than me. You don't get to that point without knowledge and execution. When you want to get money at a great rate and with great execution, we are the only call you need to make.Give me a call today! Commercial Capital, we are the place to go when the banks say no! Call Karen at 512-650-8630 today or get started by filling out this form!