All Forum Posts by: Jim Bryson

I'm seeking investors and or partners for this project. I acquired this property last August for $375,000 and have been trying to obtain construction financing for this project since. I have been held up and lost money to phony lenders. The owner of the property has financed it to me for thirty days thinking we had the funding. Appraisal came in great the land alone appraised for $725,700 and is going up everyday. I met with the investors that bought the brand new 7,000sf center next to me. They are waiting for me to come out of the ground with my building to purchase.  I have been building these type projects for twenty years. This is a great investment opportunity located in a huge Mix-Use Development.

1.23 Acres Lot zoned commerical

Appraisial 4/1/2017 $725,000

Owe through owner financing $396,000

I have been trying to obtain a construction loan for a professional center on this lot.

Financing expires today on the lot. Only serious/aggressive inquiries for a Partner/Investor/Lender. 

Hate to lose this deal. Through me is the only way to get this lot at this price I have had this lot since last August. Its located in a huge mix use development Gateway Barrow County. I'm the last one left!

I will flip, sale or develop.

132 Gateway Lane

Bethlehem, Ga. 30620

Entire center appraised at $2,500,000

Cost Including land and carry $1,500,000 I will do this with a partner but have to close land now. Thanks in advance

!

I'm needing commercial construction funding for a 10,200sf Medical/Professional Center.

Winder, Ga.  Appraisal 3/1/17  $2.5MM complete seeking 60% $1.5MM

I'm seeking funding on a new 10,200sf Professional Center located at The Gateway @ University Parkway development in Barrow County, Ga. I acquired this property August of last year for $375,000 the property appraisal came in at $725,700 for the 1.23 acre site as is. The appraised value of the completed center is $2,500,000 dated 3/1/2017. I'm seeking $1,500,000 to payoff the land and develop the center. My credit is around 550 so this will need to be a asset based loan for sure. I have been design/building these type projects for twenty years. I just opened JA Bryson which will be the licensed contractor that's build this project. I have developed 5 other commercial properties and sold through a pass partner and can supply documentation for those property sales. Due to working with fraudulent lenders I'm in a time crunch. With the property having so much equity in it  puts a investor in a secure situation,

your only investing in what's there throughout the development process. PLEASE only serious creditable investors!

I could give you a call tomorrow just message me your number. I will try to today if possible

 I looked up the company and they look legit but I'm going though a broker. Just do not feel good about sending even small amounts of money that is non refundable. Thanks for the advice.

Thanks Percy. They play this role out good asking for information. One thing I've notice is they do not inquire about the construction specification or a payment schedules, this is for new construction.

Yeah this sure does help I appreciate it  the last loan offer I got they wanted me to put up over $37,000  I got out of that deal  now I have an offer  with great rates as well  6%  1% origination fee  and it's all asset-based. My credit no good . Looks like I may would have lost $2,700  hey I appreciate it

I have a offer from a private lender for a loan in the amount of 1.4 million. They are requiring a fee upfront for underwriting and initial due diligence in the amount of $2,750. Standard

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