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need nh construction commercial mortgage
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andres2bz



Joined: 19 May 2006
Posts: 33
Location: NE

Posted: Mon Aug 21, 2006 8:43 pm    Post subject: need nh construction commercial mortgage  

yes Im a broker, and i need 2 mil. construction commercial loan,

can anybody point me in a direction?
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chow



Joined: 22 Jan 2005
Posts: 2350
Location: Cornfield County, Indiana

Posted: Tue Aug 22, 2006 9:11 am    Post subject:  

LTV, Type of project, state, need more information.
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andres2bz



Joined: 19 May 2006
Posts: 33
Location: NE

Posted: Thu Aug 24, 2006 12:02 am    Post subject:  

project: 50,000 sqft plaza, 5 unit, 1 unit owner oc., plaza on 3 acres

land is currently an empty lot with 1 fam house on a corner of the lot owner o., on a main commercial road, its worth average 1.5 mil (land ) paid off, owns since 1976

finished project will be worth about 4 mil, cost for project will be around 2.4 mil, $400,000 own money to invest, has all blue prints and permission and approval from city and state

assets, have restaurant, and an already existing Plaza in other state 5 units worth about 3 mil

father , mother and two sons will be owners together
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