commercial lending

Financing Your large Commercial Projects

The funding process I am going to describe is unique. It offers Borrowers a simple way to acquire funds for a multitude of reasons, corporate aircraft, real estate, etc. Minimum funding amounts are $15MM for real estate (although will consider viable projects starting at $10MM) and $5MM for aircrafts.

Real Estate Funding (Quick overview):

6-8% interest rate (currently at 6 1/4%)
Not to exceed 5 points (lender & brokers’ fees inclusive)
100% financing (borrower must secure a SBLC for 6 1/2% of loan amount upon issuance of LOI and credited back at closing)
1 yr moratorium on interest payments depending of scope of rehab
$7500 processing fee upon application submission (refunded if loan is not approved and credited at closing)
$15M minimum projects (will entertain strong projects of $10-15M)
No geographic limitations
Must be a viable project

Requirements:
Completed business plan or executive summary including financials
Proof of 6 1/2% from current income or bank statement
Funds must be available at issuance of LOI

NO platform trading, direct access to capital lending!

For more details on the process contact:

James J Bullock
JDB Financial LLC
james@thathardmoneyguy.com
678 383 8438

Tags: , , , , , , , , , , , , , ,

Wednesday, November 11th, 2009 Private Money Lending 1 Comment

 

March 2010
M T W T F S S
« Jan    
1234567
891011121314
15161718192021
22232425262728
293031  

Important Links

Private Money Investing on Facebook
Inspire health and wellness support groups
activerainYou can find great local Dallas, GA real estate information on Localism.com. James Bullock is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
JDB Financial is a small team of active real estate investors and mortgage professionals working together to network with both private money lenders and real estate investors nationwide. What We Do We provide private money investors with qualified, fixed yield, low risk, and high return investment projects that are secured by real estate thus adding diversity, investment control, and a consistent monthly cash flow to the investor�s portfolio