FundingEdge & Power2Fund
  Commercial Real Estate & Business Finance
 
 
 
 
 


$uccess Highlight



 FUNDED

 
 
 
 
Program:  Private Money 
Location:  Texas
Loan Amount: $500k
Property Type 2.4 Acres of Land
Loan Purpose Refinance
Loan to Value:  52% of the 'As Is' Value
Terms:  10.5% Interest, 20 Year Note Fully Amortized
Challenge Note had come due & lienholder stopped accepting payments
Situation:  Our client purchased the property in 2007 as the land sits on prime frontage, surrounded by chain retailers and eateries. The property was purchased with the intent to build a hotel as an addition to a portfolio of hotel properties in TX & Mexico.  Our processing team & closer successfully negotiated the final payoff down by $67k. 
 
 
 
 
 
If you have a deal that you would like for us to take a look at, contact us ASAP.  Our investors have funds to place before the end of year!  
 
 
 
 
 
FundingEdge & Power2Fund
Commercial Real Estate & Business Finance
Phone:  (830) 331-4030 / (210) 249-2111
Fax:  (210) 280-0069
Inquiries/Apps Email:  newapps@power2fund.com 
Customer Service Email: cs@fundingedge.com
 
 
 
 
    
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