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Updated over 16 years ago on . Most recent reply

Kevin Adams's profile image
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Kevin Adams
  • Real Estate Broker
  • from Beverly Hills, California
  • Member since Aug 22, 2008
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Kevin Adams's profile image
Kevin Adams's profile image
Kevin Adams
  • Real Estate Broker
  • from Beverly Hills, California
  • Member since Aug 22, 2008
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Kevin Adams
  • Real Estate Broker
  • Beverly Hills, CA
0
Votes |
13
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Private Lending & Conventional Mortgage Advice

Remington Financial???

Kevin Adams
  • Real Estate Broker
  • Beverly Hills, CA
Posted

They claim to go...(even in this market)...97-100% LTC for Multifamily developments....Does anybody have any experience with them EVER closing a loan or even knowing of anybody Lending 97% through debt, mezz and equity???

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John Thompson's profile image
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John Thompson
  • Banker
  • from Clearwater, Florida
  • Member since Oct 16, 2008
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John Thompson's profile image
John Thompson's profile image
John Thompson
  • Banker
  • from Clearwater, Florida
  • Member since Oct 16, 2008
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John Thompson
  • Banker
  • Clearwater, FL
1
Votes |
20
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John Thompson
  • Banker
  • Clearwater, FL
Replied

You will be hard pressed to find anyone to say good things about this company...DO NOT ENGAGE THEM... If you are looking for commercial financing, we may be able to help, depending on what the deal looks like. In today's market it is possible to get 80% up to 1.5MM but it cannot be a special use property..(Rest/Bar / School) I have one investor that is going to 80% on an investor / stated product with 620 scores. Hope this helped.

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