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All Forum Posts by: Donald Stone

Donald Stone has started 0 posts and replied 120 times.

Misty I am a commercial loan broker and I would be glad to talk with you about your options.  I can provide assistance with your borrowing but my sources tend to be more expensive than banks.

Getting started is difficult no matter which way you turn but having someone to bounce ideas off of could be a big help.

Reach out to me for more information.

Post: Building a multifamily

Donald StonePosted
  • Lender
  • Tampa, FL
  • Posts 206
  • Votes 4

Hello Keith I am a commercial broker and I believe you can come out ahead with commercial financing (of course :) ).  The thing to be aware of is that commercial loans will require roughly 35% down and the land purchase will require 50% down for the most part.  If you have the required cash going in commercial financing will work for you.

The construction part of the deal will be expensive money but after 12 months of stabilization (Unit occupancy) your should be able to get a better rate I nth mid to low single digits.

Just food for thought.  Any question feel free to reach out to me.

Post: ROCHESTER, NY

Donald StonePosted
  • Lender
  • Tampa, FL
  • Posts 206
  • Votes 4

Martin please send me your info.  I have several lenders available to me depending on your situation and needs.

Post: NC Mixed bag portfolio

Donald StonePosted
  • Lender
  • Tampa, FL
  • Posts 206
  • Votes 4

i can help your client on this loan.  Contact me to discuss...

Post: New Member Looking For A NC Hard Money Loan

Donald StonePosted
  • Lender
  • Tampa, FL
  • Posts 206
  • Votes 4

If you want solutions to your lending needs i can help.  No runaround just results.  Contact me do discuss your loan needs...

Post: Seeking $4.5M loan to cover purchase & rehab, near San Francisco

Donald StonePosted
  • Lender
  • Tampa, FL
  • Posts 206
  • Votes 4

Andy do you still need a loan?  Contact me to discuss.

thanx...

Post: Looking for Hard money lender in south florida

Donald StonePosted
  • Lender
  • Tampa, FL
  • Posts 206
  • Votes 4

Brian I can help you get the financing you need.   Contact me to discuss your project and I will help create the loan you need so you can get moving on this project.

Post: New Member Looking For A NC Hard Money Loan

Donald StonePosted
  • Lender
  • Tampa, FL
  • Posts 206
  • Votes 4

Scarlet I can help with this project.   Contact Me and we can discuss the details and I will get you a couple of options to look at.

Thanx...

Post: Cash out Refinance

Donald StonePosted
  • Lender
  • Tampa, FL
  • Posts 206
  • Votes 4

Matt i have some new lenders who can help with the apartment purchase and the refinance requests.  contact me to discuss.

Post: Duplex for $58,000 with another 20k for repairs

Donald StonePosted
  • Lender
  • Tampa, FL
  • Posts 206
  • Votes 4

Dustin did you get a loan for the duplex?  If not i think i can help.  contact me....