We are a family owned and operated private equity fund based out of NYC. Our primary focus is bridge financing for income producing properties, and secondary is acquisitions of multifamily and credit-tenant retail. We are capable of closing extremely fast at competative rates.
Hi Rick, I have one project that may be of interest to you. It is 97 % complete 90% multi -family 10 % commercial classA in Calafornia water view. REO, 46 million debt appraisal 70 million. Selling for 29 million. four banks who will carry half.
Shirley@vantagepointconnections.com
What kind of deals are you looking for Mr. Echuz. I submitted a couple of deals thru your business partner Mr. Miller. I need to know so I can more forward.
Do you do small balance loans?
If not do you know who does?
We have a multi-use building in Herington, KS. It has 4 apartments and a cafe. It is 100% rented with a waiting list. It was recently valued
at $150K by United Country. We owe less than $50K on it and would like
to refi for $100K. We plan to pay off all our bills and finish
weatherizing the building with the proceeds.
We are currently purchasing a 12 unit apartment building in Kansas City, MO. It is REO and was listed for $135K. We made a crazy offer of $60K which
was accepted. The area has better than 85$ occupancy rate @ $450. This
building was vacated when it was foreclosed on and was vandalized. We
would like to borrow $115K to purchase and rehab. The value with rents
of only $350 and 75% occupancy would bring an ARV of at least $300K.
TIME IS OF THE ESSENCE WITH THIS ONE.
My husband is Welsh and has permanent residency for 1 1/2 years. We do not have any bad credit. Our FICO is only about 675 because of him being new and having
high balance cards. I can pay down about $7500 right now or the money
can be paid out of escrow. Also our mortgages are through a small local
bank that doesn't report. This also affects our rating.
Cher. Please call my colleague Brian O'Shaughnessy at Athas Capital. I believe that he would be able to help you. Please mention that I gave you the #. Thanks. The info is below.
26901 Agoura Road. Suite 250
Calabasas Hills, CA. 91301
P: 877.877.1477 x555
F: 818.647.0175
Brian@AthasCapital.com
Hi Max, I have one project that may be of interest to you. It is 97 % complete 90% multi -family 10 % commercial classA in Calafornia water view. REO, 46 million debt appraisal 70 million. Selling for 29 million. four banks who will carry half.
Shirley@vantagepointconnects.com
We can acquire 21 SFR Performing Notes these are nationwide and have a BPO value of $2.6 mil we can purchase at 50cents of BPO $1.3 mil. These cash flow at around $23k monthly. Our exit strategy is to reduce the current homeowners principle to 90% market value the Refi them and cash out. Is this something you could do.
Scott Foy / Homeland Acquisitions (708) 692-7001