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All Forum Posts by: Turner Simon

Turner Simon has started 2 posts and replied 17 times.

Post: Referral for Cash Out Refinance - 10 unit Apartment Building

Turner SimonPosted
  • Commercial Lending Agent
  • Boca Raton, FL
  • Posts 20
  • Votes 2

Hey Chris .. working on a couple similar deals right now.  Shoot me an email at ts@banyancc .com 

Post: Refinancing a property in Costa Rica to build a hotel

Turner SimonPosted
  • Commercial Lending Agent
  • Boca Raton, FL
  • Posts 20
  • Votes 2

Hey @Youri B., shoot me an email: ts@banyancc. com

Post: Vetting Hard Money Lenders?

Turner SimonPosted
  • Commercial Lending Agent
  • Boca Raton, FL
  • Posts 20
  • Votes 2

Hard money is a term used for loans that are backed by the physical real estate, usually coming at a slightly higher interest than a typical commercial or residential loan type due to the higher risk and shorter term period.  You are right, hard money is most used for rehab or shorter term "bridge" scenarios, so for a buy and hold strategy you really want a long term permanent loan, fully amortizing.  Do you have a specific project you are looking for? I may be able to help or direct you to someone who can... feel free to PM me

Post: Looking to refinance for the first time...looking for advice

Turner SimonPosted
  • Commercial Lending Agent
  • Boca Raton, FL
  • Posts 20
  • Votes 2

Hey @Ryan McCarty, while this isn't something I do, my good friend Lance @ RealtyShares does a ton of refi's.  Shoot him an email lance@realtyshares .com and he can help

Post: Refinancing Several Properties Owned by LLC

Turner SimonPosted
  • Commercial Lending Agent
  • Boca Raton, FL
  • Posts 20
  • Votes 2

Shoot an email to my good friend Lance @RealtyShares.com .. He does a bunch of refi's and can most likely help you with this

Post: Looking to finance first deal need help

Turner SimonPosted
  • Commercial Lending Agent
  • Boca Raton, FL
  • Posts 20
  • Votes 2

Hey @Josh Smith, email Lance@RealtyShares if you would like to get some numbers on your scenario

Post: Seeking Lending Partner for Expanding Portfolio

Turner SimonPosted
  • Commercial Lending Agent
  • Boca Raton, FL
  • Posts 20
  • Votes 2

Not a fit for myself, but I have a good friend Lance at RealtyShares who may be able to help you

Post: Best strategy to re-finance my flip property.

Turner SimonPosted
  • Commercial Lending Agent
  • Boca Raton, FL
  • Posts 20
  • Votes 2

Hey @Charlie DiLisio .. I am in south Florida as well.  I can help you take out around 70% of the value if you would like

Post: Financing 85% purchase price 26 Unit Apt Complex 100% occupied

Turner SimonPosted
  • Commercial Lending Agent
  • Boca Raton, FL
  • Posts 20
  • Votes 2

@Cody Dover 

Hey Cody, I do this for a living.  Shoot me an email

Post: Looking for Hotels for Sale

Turner SimonPosted
  • Commercial Lending Agent
  • Boca Raton, FL
  • Posts 20
  • Votes 2

Hello all

Looking for performing hotels in major markets such as NYC, Miami, San Francisco, Los Angeles, etc. for sale.  No price cap.  The bigger, more well known, the better.  "Trophy Hotels"

Also looking for any existing marinas in the South Florida region, preferably Miami