Audrey Patton's (fairydust) Blog

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Commercial Real Estate Agent - Adiamondlending LLC.
RECENT BLOG POSTS
Commercial Real Estate Financing Use of Loan Proceeds: Existing Business, Owner Occupied; no investors General purpose commercial real estate No ground leases. Single loan closing on construction.   Loan Amounts: $250,000 to $2,000,000 Special programs to $2,500,000 Cash/Equity Injection: 10% of ...
06/01/2009
Multi-Family Financing New Construction / Substantial Rehabilitation   Multi-Family Financing We specialize in working with Realtors, referral fees available (Up to $15,000)! Our rates smoke the banks - call for quotes! New Construction / Substantial Rehabilitation * 90% Loan-to-Cost * 40 Year am...
06/01/2009
MULTIFAMILY ACQUISITION OR REFINANCE programs avail. * 85% Loan-to-Value (80% with Cash-out Refinance) * 35 Year Amortization * 35 Year Term (no balloon) * 7.5% Seller promissory note allowed for down payment requirements - (For Acquisition only) * No maximum loan amount * Low, fixed interest rat...
06/01/2009
Medical professional loans Use of Loan Proceeds: Practice start-up or purchase / Expansion, partner buy-out / Real estate or leasehold Can include equipment, furniture, working capital. Loan Amounts: $250,000 to $2,000,000 Cash/Equity Injection: 10% of total project costs. Experience: Proper lice...
06/01/2009
 Limited use financing LOAN LIMITS $100,000 - $3,000,000 PROPERTY TYPES Automobile Dealerships Automotive Service Repair Assisted Living Facilities Grocery Stores and Markets Educational / Day Care Car Wash (Full Service and Coin Op)  Funeral Homes Restaurants Bowling Alleys Properties with exces...
06/01/2009
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Hotel loans,lending May 30th, 2009 3:01 PM Start-up, Business Acquisition, Construction / Perm Loan Amounts: $250,000 to $2,000,000 Cash Injection: 15% for Flags in good standing, 20% for others. Start-ups and inexperienced management may require up to 30%. Experience: Full service requires full ...
06/01/2009
HARD MONEY - WE GOT IT!!! * $ 2Million to $ 25 Million or more! * 1to 3 Year Terms * Good exit strategies are critical * QUICK CLOSINGS * LOW OR NO DUE DILIGENCE FEES! * No daisy chains accepted ______________________________________________________________________________________________________...
06/01/2009
* $ 10 Million to UNLIMITED! * International as well * Terms and structure will vary by deal * Tier 1 & Tier 2 Developers Only * All properties and projects considered, but the deal MUST be strong. * No daisy chains accepted * Must have access to the principals Please keep in mind that there ...
06/01/2009
Property Types: Sanctuaries, Schools, Expansion Loan Proceeds: Acquisition, Refinance, Construction, Cash-Out Trustee Guarantees: None   Size: $400,000 - $20 million Fast Close: 45-60 days Cash Flow Multiple: 3-4x Unrestricted Contributions LTV: 66% - 80% Term: 25-40 Years; Open-Ended for additio...
06/01/2009
6.9% Fixed Rate* • That's fixed during the construction period! You pay interest only during construction! • That's fixed for 5 years AFTER the construction period. • Lock in today's rates for tomorrow - no re-pricing at C.O. • 30 Year amortization keeps the payment low. • No Pre-Paym...
06/01/2009
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Audrey Patton

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