HLU CURRENT FOCUS: Type of Collateral: Office Buildings Apartment Buildings Shopping Centers Mixed Use Owner-Occupied Facilities Light Industrial Hotels/Motels Churches Gas Station/Convenience Store Vacant Properties (not land) Marinas Lending Parameters Overview: Loan Size:$1,000,000 to $50,000,000 Interest Rates: 11% - 13% LTV:Up to 75% on income producing properties CLTV:Up to 90% on income producing properties Origination Fee:3-8% taken at closing from the loan proceeds Loan Terms:1-3 years Cash Down:Borrower needs at least 10% cash into project (acquisitions) Letter Of Intent: If a prospective client meets our lending criteria, we will prepare a Letter Of Intent FREE of charge once we gain the following information: 1.Name and address of the borrower 2.Names and addresses of the principals of the borrower 3.A detailed description of the collateral including he entitlements (recent appraisal) HLU Lending Group, Santa Clarita, CA

I carry a gun as well and even though I carry it to church and through the nice neighborhoods, it is even smarter there to do it in an area where people aren't thinking through long term consequences of their actions.

Arlington/Falls Church/Alexandria/Vienna - too strong.

Church groups, food banks, utility assistance programs, shelters and organizations like Habitat for Humanity are good partners in this arena.

My church wants to purchase income property i.e. apartment buildings.

I lived in DC for 6 years (started in Foggy Bottom, then moved to Arlington, then Falls Church..I probably would have ended up in Lynchburg sooner or later as I kept moving further and further away from DC proper).You mentioned something that was very interesting--the thought of not parking the NPN 1st with a servicer--is that usually after loan mods/cash for keys fails?

Hi Karen,This is a great topic and one that has been discussed before in a Kiyosaki vs Ramsey debate.http://www.biggerpockets.com/forums/48/topics/9025...I have taught the Ramsey course at church multiple times even thought I disagree with him on several issues.  

Having just moved from Janesville in 2008, and my home-church AND daughter CURRENTLY being in Beloit, WELCOME!!

I did my masters work in urban planning & design studying Falls Church...great area.

I'm a beekeeper who has actually performed bee removal from the walls of a church.