Commercial Hard Money
Commerical hard money is also known as bridge lending because it helps you get from one stage (unstabilized to Stabilized) of occupancy tor Bridge Lending or Commercial hard money is very competitive but becarefull with what you are signing and beware of unscrubpulous people in this business because there a many of them. Our suggestion is to do your homework and get referrals. The commerical hard money lender should be able to give you a list of borrowers to contact for a recommendation.
Commercial Hard Money is available for 65% LTV. There are no prepayment penalties but these loans must have personal guarantors on all corporate vestings.
Submit all commercial hard money loans with a rent roll and income and expense statements for the entire year and YTD, 1003, and photos.
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