Golfmak, Inc.
Michael A Kahn
941-739-3990 Email: mike@golfmak.com
Equity
Commercial Real Estate Loans
Where: All 50 States:
Minimum. $250K - to
No Limit
Worldwide: Minimum. $5M to No Limit. Excludes certain countries.
Types of Properties
will lend on
- Apartments
- Office Buildings
- Strip Centers
- All Commercial
Real Estate
- Shopping Centers
- Properties in
Foreclosure, can not debt service
- Gas Stations
- Bars/ Restaurants
- Gentlemen's Club
- Funeral Homes
- Day Care Centers
- Churches
- Golf
Courses
- Special Purpose,
(Stadium, Bridges, ect.)
- Bed and Breakfast,
Hotels, Motels
- Mobile Home Parks
Terms of the Loans
- Interest Rate:
8.00% and up
- Terms: 6 months
to 5 years
- All loans are simple
interest only
- Points: 4% to 6%
and above
- Non-recourse
- No Prepayment penalty
- Loan to Value:
up to 80%,
- Combined LTV 100%
- Borrower responsible
for 3rd parties Reports - $8,500 to $12,500 (max.)
- 100% rebated at
closing.
- Covers
- MAI appraisals
- Phase 1
- Property Conditional
Report
- Site Inspection.
- If loan does
not close or fund there will be a refund less cost
- Credit Reports,
Appraisals and etc.
- No Application
fee or processing fee or Loan commitment fees*
- Times for funding,
3 weeks or less. Depends on when 3rd party reports are completed
- *1st Mortgages
only.
- We allow seller
2nd. mortgage financing
- Min credit Score:
500
DISCLAIMER: Information
above was provided by others. Diligence is advised.
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