Gerald West
  • Dallas Texas
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ADVICE FOR CLOSING ON A MULTIFAMILY PROJECT
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     I submitted a loan request for a multi family project structured with 30% down. I was contacted back and the lender said the deal was doable but that I would need a partner with multifamily…Continue

Tags: loan needed, partnership, multifamily

Started this discussion. Last reply by Shane Adams Feb 21.

 

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Shane Adams replied to Gerald West's discussion ADVICE FOR CLOSING ON A MULTIFAMILY PROJECT
"Project financing program. We offer flexible financing for various projects by following the usual rigorous procedures. This funding program allows a customer to enjoy a low interest rate repayment for as low as 2% per year for a period of 2-30…"
Feb 21

Profile Information

Location (City, State) (Province, Country)
Dallas Texas
A Bit About Me
12 year investor former mortgage loan officer
Which Best Describes You? (Pick All That Apply)
Large Investor =>100K
What Do You Need
Discuss with other investor of projects available to invest and network
What Do You Offer
Investment experience and deal offers to networkers

Gerald West's Blog

ADVICE FOR CLOSING ON A MULTIFAMILY PROJECT

  I submitted a loan request for a multi family project structured with 30% down. I was contacted back and the lender said the deal was doable but that I would need a partner with multifamily experience. I structured the project with 30 down over 3 million and noi after mortgage and expenditures of 127,000+ /year and 457,000 cash on hand after close with another 6 months reserves all expenditures. My credit not so bright and would be my first deal. Can someone advice me of how I can get a…

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Posted on April 1, 2018 at 5:18am — 1 Comment

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At 2:40am on March 26, 2018, Sophie Reyer said…

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