(866) 489-5363

 

SHORT TERMS LOANS FOR LAND AND COMMERCIAL PROPERTY

FUNDING FOR INVESTORS AND LAND DEVELOPERS -We are funding in 2012 and looking to arrange financing

   NORTH CAROLINA | -California | South Carolina | New Mexico | COMMERCIAL HARD MONEY |(the preceding links are hard money loan sites for other states)
 
 North Carolina homebuilders association
 
 

NORTH CAROLINA HARD MONEY COMMERCIAL INCOME PROPERTY  and COMMERCIAL OWNER USER PROPERTY
 

We help investors acquire land and commercial property in North Carolina with asset based loans. Our focus is on placing North Carolina private/hard money loans with capital groups which we have relationships. We work with investment groups which are interested in funding land purchase, refinance, and development projects in North Carolina.

LOANS IN THE CAROLINAS FROM 500k TO 30 MILLION

500k- 3 million on Commericial Property in North Carolina metro areas.

Cities We consider in NC. We like populations over 75,000 in city or MSA

1. Charlotte - 687,650
2. Raleigh - 368,944
3. Greensboro - 243,012
4. Durham - 218,994
5. Winston Salem - 204,074
6. Fayetteville - 134,827
7. Cary - 126,497
8. Wilmington - 108,053
9. High Point - 95,340
10. Jacksonville - 75,929
11. Asheville - 75,004
12. Greenville - 72,295

 

         

Our group has relationships with various investors in NORTH CAROLINA from which we can have a supply of funds at all times for good projects and loans. The goal is to structure a deal to meet your specific requirements as it pertains to a project. We like Commerical property in NORTH CAROLINA with a clear exit strategy as our loans are 1 -5 years.

         

Whether you need a fast money loan, mezzanine/equity financing, bridge loan, hard money, or foreclosure bailout, our investors and  capital sources have the financing capabilities to allow you to refinance or purchases your project quickly.

Large Product overview: Investor/Lender can provide financing for numerous property types

Large projects (500k+ are funded in major -top 25 type markets) on nationwide basis:.

  • Commercial real estate funding - including sustainability projects for acquisition, construction financing, or the renovation of an existing building for a new use (i.e. office to residential development)
  • Joint venture capabilities and mezzanine financing structure (APTS AND MEDICAL )
  • Acquisition of vacant or partially vacant building in order to reposition the property within a given market
  • PURCHASE OF DISCOUNTED NOTES
  • The re-purchase of debt by an owner at par or at discount

NORTH CAROLINA Bridge Loan Parameters: ( we can do smaller loans in NORTH CAROLINA)

  • Metro areas in NORTH CAROLINA (population over 50,000),
  • Loan to value: 65% LTV
  • Security: first, blanket mortgages,  mezzanine financing, equity participation
  • 1-5 year terms,, some fixed for 25 years
  • Recourse: non-recourse and recourse
  • Closing: as fast as necessary and as fast as documentation and 3rdparty work can be performed

 

 


 
 
   

Apply for land loan:

1. loan application -click

2. executive summary

3. purchase contract (executed)

4. survey and any other 3rd party reports available

 

underwriter will review property and borrower and issue approval.

 

 

            Landstar Funding