Link Representative For Property
Title
Commercial Real Estate Lending - Rapid Expansion due to Covid, National Net Branches Now Available
Affiliated Company
11 Capital Finance, LLC “11Cap”
Asset Focus
Office
Retail
Industrial
Land
Multifamily
Special Purpose
Mixed Use
Other
Listing Data Provided By
Address
Undisclosed Orlando Florida 32825
Building/Land Information
Property Type
Mixed Use
Property Subtype
Other
Description
Large Loan Order - Serviced!
An experienced borrower came to us with the following loan needs: - Cashout refi to pull 70% LTV out of his equity on a 4-propert portfolio valued at $633,000 - 2 Purchase and Rehab loans for adjacent SFR’s in Orlando, FL (deferred payments important to him) - A quick bridge loan Purchase for a 50% leased Mixed Use property in Tampa, FL 11 Capital was able to service all of these loan requests with quotes to the borrower in less then 6 hours! Blanket Loan: We were able to offer a loan amount $443,100 on a 30-Yr fixed at 5.49% with a 3-2-1 Step down prepay. 25 day projected close Purchase & Rehab Loans for SFRs: Combined loan amounts of $311,500 at 90% LTC at 9.99% and 2 Pts. We were able meet the Borrower’s request for a loan with deferred mtg payments to the end of the note. 14 day projected close Quick Bridge Purchase: 70% LTV acquisition for $140,000 for 12-mo at 8.99% at 2 pts to stabilize, and refinance. 12 day projected close Let us help you with your next deals!
An experienced borrower came to us with the following loan needs: - Cashout refi to pull 70% LTV out of his equity on a 4-propert portfolio valued at $633,000 - 2 Purchase and Rehab loans for adjacent SFR’s in Orlando, FL (deferred payments important to him) - A quick bridge loan Purchase for a 50% leased Mixed Use property in Tampa, FL 11 Capital was able to service all of these loan requests with quotes to the borrower in less then 6 hours! Blanket Loan: We were able to offer a loan amount $443,100 on a 30-Yr fixed at 5.49% with a 3-2-1 Step down prepay. 25 day projected close Purchase & Rehab Loans for SFRs: Combined loan amounts of $311,500 at 90% LTC at 9.99% and 2 Pts. We were able meet the Borrower’s request for a loan with deferred mtg payments to the end of the note. 14 day projected close Quick Bridge Purchase: 70% LTV acquisition for $140,000 for 12-mo at 8.99% at 2 pts to stabilize, and refinance. 12 day projected close Let us help you with your next deals!
Location Description
Orlando, a city in central Florida, is home to more than a dozen theme parks. Chief among its claims to fame is Walt Disney World, comprised of parks like the Magic Kingdom and Epcot, as well as water parks. Another major destination, Universal Orlando, offers Universal Studios and Islands of Adventure, with the Wizarding World of Harry Potter straddling both
