Michael Schlotthauer
  • California
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Michael Schlotthauer's Friends

  • John Pusa
  • Sossi Crilly, Crepig Adviser
  • Don Enderud
  • JW Najarian

Michael Schlotthauer's Discussions

Retail Strip Center in Tampa, FL
2 Replies

I am looking for (Takeout) financing for a completed property located in FL. The current value is 28MM and the loan request is 65% LTV. The property is 100% Leased and the owner has a strong history…Continue

Started this discussion. Last reply by Michael Schlotthauer Mar 20, 2010.

Commercial and Business loans
1 Reply

Commercial financing available to 97.5% Rate: 6.5% fixed for five yearsLoan Amount: 30 Million and above Package requirements:Executive summaryBusiness plan5 year pro-formaFull resumes of all…Continue

Tags: loans, asset, equity, lending, SBA

Started this discussion. Last reply by Seann Poli Mar 28, 2010.


Michael Schlotthauer's Page

Profile Information

Location (City, State) (Province, Country)
A Bit About Me
27 Years in lending providing a level of service second to none.
Which Best Describes You? (Pick All That Apply)
Large Investor =>100K, Commercial Broker, Open Networker
What Do You Need
I am always looking for legitimate sources that lend money.
What Do You Offer
Commercial and business loans

Commercial financing available to 97.5%

Rate: 6.5% fixed for five years
Loan Amount: 30 Million and above

Package requirements:
Executive summary
Business plan
5 year pro-forma
Full resumes of all principals
Draw schedules for use of funds
Proof of funds in the amount of 2.5%*

If property type is housing we require a feasibility study.

*Proof of funds can be in the form of bank statements or a letter on bank letterhead stating the financial capacity for the 2.5%. The letter must be signed by a bank officer.

We also do loans for businesses based on receivables; we do equipment leasing and anything that has collateral we can lend on.

Comment Wall (2 comments)

You need to be a member of COMMERCIAL REAL ESTATE PROFESSIONALS & INVESTORS GROUP to add comments!


At 9:40pm on March 2, 2010, John Pusa said…
Micheal, thank you for accepting my invitation.
At 10:15am on February 23, 2010, Sossi Crilly, Crepig Adviser said…
Welcome aboard.

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