I am Donny Depew, a US Navy war veteran. I work for Westport Commercial who is a commercial real estate financing brokerage company with a team of experienced originators who collectively have closed hundreds of loans in all major asset classes throughout the USA. These successes make us acutely aware of the right lender for each asset class in every turn of the cycle. We take pride in catering to each individual borrowers' needs delivering the best financing options.
Real Estate Loan Programs
Hard Money Loan
is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies. Interest rates are typically higher than conventional commercial or residential property loans because of the higher risk and shorter duration of the loan.
a. Most of the time for fix n flips. Most lenders will give 65% LTV, some 70% LTV , a few maybe 75% LTV, rarely give you 80% LTV ( loan to Value) b. 100% of the repair costs. c. Most charge 2 to 4 points upfront fee (2% to 4%). d. Time is usually anywhere from 3, 6, or 12 months.
Private Money Loan
a commonly used term in banking and finance. It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for real estate, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying guidelines. There are higher risks associated with private lending for both the lender and borrowers. There is traditionally less "red tape" and regulation.
Bridge Loan
A bridge loan is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing. A bridge loan is interim financing for an individual or business until permanent financing or the next stage of financing is obtained. Money from the new financing is generally used to "tak
Company Details
- Founded
- -
- Address
- Doral, 33178, Us
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- http://13trillionare.com
- Keywords
- internet marketing, social media, small business advertising, sales funnels, sign up systems, blogging.
- HQ
- Doral
- Competitors
- Chuck Smith, CCIM Commercial Real Estate Broker, COMMERCIAL BROKER CONNECT REAL ESTATE CORP., ROI COHEN - Commercial real estate broker, McColly Bennett Commercial Advantage, Boulder Commercial Real Estate & Business Broker serving Longmont & Boulder County, Scott Hyatt, CCIM NAI Prime Commercial Real Estate Broker, Pocket Broker Commercial Real Estate, MVMT REALTY, Joel & Granot Real Estate, LLC, Commercial Real Estate Broker.
13trillionaire.com Commercial Real Estate Loan Broker Miami, Fl 33178 Questions
13Trillionaire.Com Commercial Real Estate Loan Broker Miami, Fl 33178's website is http://13trillionare.com
13Trillionaire.Com Commercial Real Estate Loan Broker Miami, Fl 33178's LinkedIn profile is https://www.linkedin.com/company/digital-marketing-universe
13Trillionaire.Com Commercial Real Estate Loan Broker Miami, Fl 33178's industry is
Financial Services
13Trillionaire.Com Commercial Real Estate Loan Broker Miami, Fl 33178's top competitors are
Chuck Smith, Ccim Commercial Real Estate Broker,
Commercial Broker Connect Real Estate Corp.,
Roi Cohen - Commercial Real Estate Broker,
Mccolly Bennett Commercial Advantage,
Boulder Commercial Real Estate & Business Broker Serving Longmont & Boulder County,
Scott Hyatt, Ccim Nai Prime Commercial Real Estate Broker,
Pocket Broker Commercial Real Estate,
Mvmt Realty,
Joel & Granot Real Estate, Llc,
Commercial Real Estate Broker.
13Trillionaire.Com Commercial Real Estate Loan Broker Miami, Fl 33178's categories are Financial Services
13Trillionaire.Com Commercial Real Estate Loan Broker Miami, Fl 33178's founding year is 2018
