What is the greatest barrier you've come across in getting commercial mortage loans?

In General Area - Asked by James C. - Oct 1, 2008
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Answer(s)

Charles A.
Owner/Investor
Scottsdale, AZ

At this point NONE... We have a growing extensive list of investors and private money funds that still are lending... If you are in need please contact me?

Oct 14, 2008
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Pamela W.
Owner/Investor
Marion, IN

Charles- if you want people to contact you, please enter your contact info, thanks!

Oct 15, 2008
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Joe V.
Owner/Investor
Plymouth, MI

NONE. You just need to know where to look...and the banks are not the place...never really have been. Credit score doesn't matter either, you just have to have the commercial deal able to stand on it's own two feet. Structure a good deal and the financing will follow. Private investors don't have the same problems as traditional funding sources...and they are all over. I'm not talking about hard money either. 6.5% - 8.25% interest rates with 100% financing on 100% LTV. Not a problem. Financing in 60 days or less...and NO POINTS.

Nov 16, 2008
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Gregory G.
Broker/Agent
San Francisco, CA

The financial meltdown didn't help.
.
.
Gregory Garver - Commercial Real Estate Broker
Broker License# 01716531
(415)968-6065
greg@nnnbrokersusa.com
http://www.gregorygarver.com

Jun 11, 2011
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