All Forum Posts by: Joe Alonso

Jose,
Perhaps... does the building have a steeple? It LOOKS like a church from the outside? Is there a new congregation moving in that is expanding from a prior location? Please DM me more particulars.

Thank you.

We don't offer this, but I can broker your request to a colleague that offers second liens. DM me your contact and more particulars. 
Here to help. 

Alfred - I can help.

Yes, 75% cashout is possible, but it's score driven.
Cashout will serve as reserves. 
I can quote you based on your scenario. Please DM me the particulars, and I'd be happy to proposed. 
Close within 30-days if we all work in tandem.

Thank you.

Can you please DM me your scenario? Typically, if the renovations are not yet complete, the appraisal will note that and may disqualify you from refinancing straight into a DSCR loan. Send details.

Criton Capital, LLC
Joe Alonso – Manager

[email protected]

www.critoncapital.com

If it's common for the area, we may look at it. Can you please private message me the address?
Is this a purchase or refinance?

@Kush Khandelwal
Direct lender where. Let me know how I can help. 

CRITON CAPITAL
Joe Alonso, Manager

Guchan - 

We are a direct lender offering loans for most commercial RE assets. For multifamily and mixed use, we can reach up to 75% LTV. For other assets, we cap at 70% LTV.

Our loans require no seasoning of funds, no debt service up to $750,000, and no tax returns. Our programs are 30-Yr Fixed, and Interest Only options are also available.

Let me know if I can help.

Joe Alonso – Manager

CRITON CAPITAL, LLC

Hello Kathryn,

We're direct and can lend in NY. 

Let's chat. 

Criton Capital, LLC
Joe Alonso – Manager

12508 W. Atlantic Blvd
Coral Springs, FL 33071

Tel: 786.210.5557 | Fax: 786.228.0884

[email protected]

www.critoncapital.com

Jimmy,

If you still financing, I can do this 4-unit without any debt service requirements, no seasoning of funds, and no post-closing reserves. I do cap at 75%, though.

Let me know if I can help.

Criton Capital, LLC
Joe Alonso – Manager

12508 W. Atlantic Blvd
Coral Springs, FL 33071

Tel: 786.210.5557 | Fax: 786.228.0884

[email protected]

www.critoncapital.com

Sam,

This is not a difficult request by any means. I can certainly place this loan going off purchase price so you can replenish your outlay. And if you made documented improvements, we may allow to recoup those costs dollar to dollar. New appraisal still required.  

Let's discuss.

Criton Capital, LLC
Joe Alonso – Manager

12508 W. Atlantic Blvd
Coral Springs, FL 33071

Tel: 786.210.5557 | Fax: 786.228.0884

[email protected]

www.critoncapital.com