How to Get a Small Loan, Small Fee, and Save Money!

It’s again the deal of the month. We’re at 507 Ashland and 501 Ashland. We provided acquisition financing for 507 and then the owner got subsequent bank financing. He had a million dollar loan on 501 Ashland and the building is worth at least 1.7 million. He needed some money but he has a prepayment penalty on the loan and would have to redo an origination fee to get any cash out. He came to me and we did a small temporary loan and saved him tens of thousands of dollars and got him the money he needed.

If you’d like to do something similar, give me a call at 651-387-3026.

Don’t forget, I make hard money easy.

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