Ground Up Construction of a Mixed Use Building with a local bank for $1,000,000. Below is a picture of the meeting when the bank met with the client, realtor, and builder before producing an LOI. The client purchased the building in cash then paid to have it knocked down. The picture below shows the building knocked down and ready for a new structure. This deal has been approved and will close any day now. At the moment I only have a rendering of finished Mixed Use Building but I will have pictures of the completed process soon.
Closed Feb 15 Fix and Flip
649 South 20th St Newark New Jersey
Closed January 30, 2017
Address: 1034 Woodlake Lane, Tega Cay, SC 29708. Loan amount $171,000.00.
2912 Acron St PA 19149
Loan amount $109,000
1033 Nottoway St Peters-burg, VA 23803
Loan amount $45,000
62-64 Melville Place Irving ton NJ 07111
Loan amount $105,000
3010 Grace Meadow Lane Charlotte NC 28214
Loan amount $67,500
1630 Dyre St. Philadelphia PA 19124
Loan amount $56,250
15-14 Womraph St, Philadelphia 19124
Loan amount $80,000
Recent Hotel Purchase by a Foreign National with a Limited Doc Loan..
With my assistance this client was able to attain funding with a no tax returns loan. Even though the Plaza Hotel was not properly cash flowing properly but once the new owners took over the business is now doing well just a few months later.
Refinance in order to get out of SBA loan. Refi Cash out
Client wanted to sell his house but it was encumbered with the funeral home do to a past Bank loan. Therefore, we refinanced the property and pulled cash out. The borrower was able to come out of pocket with very little money.
1100 Salem Valley Rd, Winston–Salem, NC 27103-4641
Refinance Cash Out
112 Unit Apartment Building
5.25% fixed for 10 years 30 am (Closed in August 2015)
(Blanket Loan on all three properties)
6% fixed for 5 years 30 am
914 Forest Hill Rd. Greensboro, North Carolina
2605 Liberty Greensboro, North Carolina
4817 Tara St. Greensboro, North Carolina