Financing avail for 750k storage facility - Posted by PeteNC

import · September 25, 2008, 1:16pm

Posted by zach on September 26, 2008 at 11:24:05:

Probably looking at 75-80% max. What city and state is this property in?

import · September 25, 2008, 1:16pm

Posted by PeteNC on September 25, 2008 at 13:16:49:

I have a 750k storage facility I’m looking to finance and was wondering what the current market looked like in term of ltv, interest rates, and amort time?

Thanks
Pete

import · October 14, 2008, 8:26am

Re: Financing avail for 750k storage facility - Posted by Rick

Posted by Rick on October 14, 2008 at 08:26:56:

Pete,
I can get you 80% LTV for 30 year fixed.
E-mail me direct.

import · October 9, 2008, 12:24pm

Re: Financing avail for 750k storage facility - Posted by Tim Meyer

Posted by Tim Meyer on October 09, 2008 at 12:24:59:

5-20 year fixed rate money is out there from some life companies still. Amortization up to 20 years. LTV max of 75%. Full-Recourse

import · October 1, 2008, 7:43pm

Re: Financing avail for 750k storage facility - Posted by oneal hodges

Posted by oneal hodges on October 01, 2008 at 19:43:03:

hey they are good cash cows. but to get of the conforming market you need to make sure its underwritten with cmi . also you need to get out of your comfort zone anything over $2.5million that way its the project that qualifies not you. anything under that your in a comforming market. find 5 or 6 more of these lump them together i’ll finance them for you.